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Awilco scraps the WilHunter

November 17, 2021
| Archives

Awilco Drilling has decided to recycle its 1983-built semisub drilling rig WilHunter, currently cold stacked in Invergordon. “Recycling options are being pursued,” the company said during its Q3 earnings call. “The unit hasn’t worked for a long period of time, and we think now is the right time to recycle the unit in an environmentally responsible fashion,” the company

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Aban wins 3 year jackup contract with ONGC

November 17, 2021
| Archives

Aban Offshore Ltd has announced that its step-down subsidiary Aban Singapore Pte Ltd has received letter of award (LoA) from Oil and Natural Gas Corporation Limited (ONGC). The LOA is for the deployment of jack-up rig Aban VIII for a firm period of 3 years, said company in a regulatory filing. Further, the deployment is likely to commence during the

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Saipem awarded $600 million in T&I contracts

November 17, 2021
| Archives

Saipem has been awarded two new offshore contracts for transportation and installation activities (T&I) for a total amount of over 600 million USD. The first contract was awarded by Chevron Australia for the Jansz-lo Compression Project, the gas field located around 200 kms offshore the north-western coast of Australia, at water depths of approx. 1,400 meters. Jansz-lo is part of the Chevron-operated Gorgon Project,

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ADNOC announces record USD 6 billion investments to enable drilling growth

November 17, 2021
| Archives

The Abu Dhabi National Oil Company (ADNOC) has announced record investments worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the United Arab Emirates (UAE). The announcement was made at the Abu Dhabi International Petroleum Exhibition

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Technip FMC awarded subsea contract in Guyana

November 17, 2021
| Archives

TechnipFMC has been awarded a large(1) contract by Exxon Mobil to supply the subsea production system for the Yellowtail development.in the Stabroek Block, offshore Guyana. Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system. The scope of the project includes 51 enhanced vertical deepwater trees (EVDT) and

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Weatherford awarded over $1 billion in contracts from ADNOC

November 17, 2021
| Archives

Weatherford International has been awarded two five-year contracts with Abu Dhabi National Oil Company ('ADNOC') with a combined value of more than USD 1 billion for downhole completions equipment and liner hanger systems. Girish Saligram, President and Chief Executive Officer, commented: 'These drilling-related awards demonstrate our differentiated ability and commitment to support ADNOC in achieving its 2030 goal of expanding production capacity

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Maersk Resolute awarded a new contract

November 17, 2021
| Archives

Maersk Drilling has been awarded a contract with ONE-Dyas which will employ the harsh environment jack-up rig Maersk Resolute to drill the IJssel and Clover exploration wells in the Dutch sector of the North Sea. The contract is expected to commence in December 2021, with a firm duration of 84 days. The contract value is approx. USD 6.9m, excluding an agreed fee for the

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SBM announces award for 4th FPSO for Guyana

November 17, 2021
| Archives

SBM Offshore has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development project. The FEED contract award triggers the initial release of funds by ExxonMobil’s subsidiary Esso Exploration and Production Guyana Limited (EEPGL) to begin FEED activities and secure a Fast4Ward® hull. Following FEED and subject to

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DeepOcean awarded contract for US Gulf

November 15, 2021
| Archives

DeepOcean has been awarded a frame agreement contract by an undisclosed US-based operator for delivery of engineering, project management and vessel support to execute a wide range of subsea activities throughout 2022. The contract covers provision of project management engineering capabilities for specialized subsea services, including the utilization of light construction vessels and ROVs from DeepOcean’s versatile fleet in

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Kistos releases update on recent activity offshore Netherlands

November 15, 2021
| Archives

Kistos, the low carbon intensity energy producer pursuing a strategy to acquire assets with a role in energy transition, has announced that Borr Drilling's Prospector-1 jack-up drilling rig has left the Q10-A field (Kistos 60%) and arrived on location at the Q11-B discovery (Kistos 60%). The spudding of the appraisal well is expected later this week. The Q11-B appraisal well represents the concluding

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