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Lukoil announces discovery in GoM

November 23, 2021
| Archives

LUKOIL announces discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels. The Yoti West-1 EXP well was drilled 60 km offshore from the Valaris 8505 semi-submersible platform. The well

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Noble Hans Deul repaired and heads back to work for IOG

November 23, 2021
| Archives

The Saturn Banks Project Phase 1 passed one million cumulative manhours worked in September 2021. Despite recent Covid-19 related challenges both offshore and onshore, the Company continues to target safe and reliable delivery of First Gas by the end of Q4 2021, subject to completion of the remaining onshore scope detailed below. The Noble Hans Deul rig owner

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Deepsea Yantai books three more wells with Neptune Energy

November 23, 2021
| Archives

Neptune Energy today announced it has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year. The Deepsea Yantai is currently drilling the production wells at the Neptune-operated Fenja field in the Norwegian Sea. The extension will include one additional well at the Fenja field and

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Exxon lines up Stena Forth for one well off Newfoundland

November 18, 2021
| Archives

Stena Drilling announced that they have signed a new contract with ExxonMobil Canada LTD for the mobile offshore drilling unit Stena Forth. The operations are due to commence in 2H22, offshore Eastern Canada for the drilling of one (1) firm well. To perform this well, the Stena Forth shall mobilize from the Eastern Mediterranean to Canada after an

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ADNOC awards USD1.46 billion EPC contracts for the Dalma Gas Development Project

November 18, 2021
| Archives

The Abu Dhabi National Oil Company (ADNOC) announced today, the award of two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project. The Dalma field is part of the Ghasha Concession which is the world’s largest offshore sour gas development and an important enabler of gas self-sufficiency for the United Arab Emirates (UAE). The two

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Baker Hughes awarded two major contracts from ADNOC

November 18, 2021
| Archives

Baker Hughes has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates (UAE). The contracts were announced at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). As part of ADNOC’s largest ever wellheads award globally, Baker Hughes’ Surface Pressure Control

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ConocoPhillips pushes through with massive Alaska development

November 18, 2021
| Archives

ConocoPhillips is pushing forward on its massive Willow development on Alaska’s North Slope and has not lost time in its schedule, despite a recent federal court ruling that overturned Trump administration approval for the project, an Alaska manager for the company said Wednesday. Alaskan officials have been eager to see oil drilling increase to boost tax revenue at

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Seadrill brings in new board

November 17, 2021
| Archives

Seadrill Limited announced today that a new, independent, seven-member Board of Directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. Seadrill received confirmation of its Plan of Reorganization on 26 October 2021 and is targeting emergence early in 2022. The Board will be comprised of the following individuals, who collectively

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