+1(833) 396-4204 info@riglynx.com
Menu

Archives

Guyana eyes new blocks for lease by 2022

November 2, 2021
| Archives

Guyana plans to auction new blocks for offshore oil exploration by the third quarter of 2022, Vice President Bharrat Jagdeo said late on Monday. A consortium led by Exxon Mobil is responsible for all output in Guyana, Latin America’s new oil frontier, since the vast Stabroek block began producing in 2019. About 10 billion barrels of recoverable oil

Read More...

Equinor announces new discovery offshore Norway

November 1, 2021
| Archives

Equinor, together with partners PGNiG Upstream Norway and Longboat Energy Norway, has found oil in exploration well 6407 / 1-9 - Egyptian Vulture. Preliminary estimates show that between 3 and 10 million standard cubic meters of recoverable oil equivalents have been proven in the well, corresponding to 19-62 million barrels. Our ambition is to transform the shelf from an oil and gas

Read More...

Exxon drills a duster offshore Guyana

November 1, 2021
| Archives

Westmount Energy has received a shareholder communication from its investee company, JHI Associates Inc., which confirms that the Sapote-1 well on the Canje Block was safely drilled in 2,549 meters of water by the Stena DrillMAX drillship to a total depth of 6,758 meters. The well encountered non-commercial hydrocarbons in one of the deeper exploration targets. Westmount holds an indirect interest in the Canje

Read More...

OneSubsea closes on 3 year deal with Petrobras

November 1, 2021
| Archives

OneSubsea has signed a contract with Petrobras to provide a range of subsea services for the fields off the coast of Brazil. This will include inspection, maintenance, repairs, upgrades and parts supply, as well as installation and commissioning services. Signed in October, the contract is worth more than U$200 million, equivalent to almost R$1.2 billion. The agreement includes a market differential

Read More...

Keppel looks to bareboat charter more rigs in recent business update

October 29, 2021
| Archives

Keppel Corporation had a recent business update published yesterday as well as took some questions during the update call. On the update call was CEO of Keppel Corporation Loh Chin Hua and the CEO of Keppel Offshore & Marine, they both answered the following questions from Lim Siew Khee, CGS-CIMB Research. Can we hear a little bit more about your

Read More...

ROVOP secures contracts valued at $34 million

October 29, 2021
| Archives

ROVOP, a leading independent remotely operated vehicle (ROV) specialist, is on a strong growth trajectory after securing contracts valued at £25m in the last six months. The Aberdeen headquartered global business, which is marking its tenth anniversary this year, has won a diverse spread of work across offshore energy sectors in Europe, Middle East, Asia Pacific and the

Read More...

Valaris issue fleet status update with tons of new work

October 28, 2021
| Archives

Floaters VALARIS DS-9 awarded a two-year contract with ExxonMobil offshore Angola. The contract is expected to commence in June 2022. VALARIS DS-4 awarded a contract with Petrobras offshore Brazil. The contract is for a minimum term of 548 days and is expected to commence by early second quarter 2022. VALARIS DS-10 awarded two 1-well contracts with Shell

Read More...

Maersk sells harsh environment jackup for $373 million

October 28, 2021
| Archives

Maersk Drilling is pleased to announce the successful closing of the previously announced divestment of the combined drilling and production unit Mærsk Inspirer (now named Inspirer) to Havila Sirius for a price of USD 373m in an all-cash transaction. This transaction divests a non-core asset and significantly deleverages Maersk Drilling’s balance sheet. Per the terms of Maersk Drilling’s term

Read More...

Hess expects Guyana to be at 1 million bpd by 2027

October 27, 2021
| Archives

Hess Corp expects to produce more than 1 million gross barrels of oil per day (bpd) in Guyana by 2027 from at least six production units, the U.S. oil producer said on Wednesday. The projection comes shortly after a second floating production system arrived in the South American country’s waters. Hess added that it sees potential for up to

Read More...