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Archives

Valaris lands two year contract for the DS9

October 27, 2021
| Archives

Valaris has been awarded a two-year contract with Esso Exploration Angola, an affiliate of ExxonMobil, offshore Angola for drillship VALARIS DS-9. The rig is currently preservation stacked in the Canary Islands, where it will be reactivated and then mobilized to Angola ahead of the anticipated contract commencement in June 2022. Source: Valaris Join our mailing list here

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Seadrill plans for bankruptcy exit in 60 days with approved plan

October 27, 2021
| Archives

Seadrill has announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Earlier this month, the Plan received overwhelming support from the Company's stakeholders. Following the Court’s approval of the Plan, Seadrill is targeting an exit of Chapter 11 proceedings in approx. 60 days. This is subject to certain customary conditions,

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Dolphin Drilling picks up marketing rights for stranded Awilco rigs

October 27, 2021
| Archives

Dolphin Drilling are pleased to announce an important step forward in securing the future of the company. In collaboration with Keppel Fels Singapore, Dolphin Drilling have the marketing rights for the KFELS Moss Maritime CS60 ECO MW Drilling Units.    The CS60 ECO MW is the latest generation harsh environment semi-submersible under construction for the mid-water segment globally including the

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Schlumberger sign 21 well completion deal with Petrobras

October 26, 2021
| Archives

Schlumberger signed a contract with Petrobras to supply completion systems for 21 wells in pre-salt concessions. Installation of the systems is scheduled to start in the third quarter of 2022. The deal is the result of a public tender for the supply of direct hydraulic intelligent completion systems and selective lower completion systems. Petrobras signed five contracts with

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Aker BP granted drilling permit offshore Norway

October 26, 2021
| Archives

The Petroleum Safety Authority Norway (PSA) has given Aker BP consent for exploration drilling in Block 25/2 in the North Sea. Well 25/2-23 S and 25/2-23 A will be drilled from the Deepsea Nordkapp drilling facility at position 59° 55' 35.492" North 02° 22' 15.710" East in production license PL 873 and will test the Grefesenkollen/Øst Frigg prospect. Water depth is 108 meters. Source: PSA Join our mailing list here

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Doyon Drilling signs up the Artic Fox for 2 well deal

October 26, 2021
| Archives

88 Energy has executed a rig contract with Doyon Drilling for the use of the Arctic Fox rig to drill the Merlin-2 appraisal well at its Project Peregrine in the NPR-A region of the North Slope of Alaska. The Merlin-2 appraisal well is planned for drilling in February 2022 to a permitted Total Depth of 8,000 feet. Merlin-2 is targeting 652 million barrels of oil1,2 in

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Aquadrill sells the West Leo to BW Energy for $14 million

October 26, 2021
| Archives

BW Energy is progressing a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas to power project will use a repurposed semisubmersible drilling rig as a Floating Production Unit. The Company has signed an agreement to acquire the semisubmersible drilling rig 'Leo', from Aquadrill for a total consideration of USD 14 million. Repurposing will enable an

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Eni tally up over 50 million bbls in Egyptian desert discoveries

October 26, 2021
| Archives

Egypt’s petroleum ministry said on Tuesday that Italian energy group Eni made three oil and gas discoveries in the western desert with confirmed reserves that amount to about 50 million barrels of oil equivalent, the ministry wrote on its Facebook page. Source: Reuters Join our mailing list here

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Transocean backlog sits at $7.1 billion with updated fleet status report

October 26, 2021
| Archives

Transocean Ltd. issued a quarterly Fleet Status Report that provides the status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Deepwater Atlas – Awarded a two-phase, four-well contract in the U.S. Gulf of Mexico Deepwater Conqueror – Awarded a three-well contract in the U.S. Gulf of

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QatarEnergy signs exploration license offshore Newfoundland

October 25, 2021
| Archives

QatarEnergy signed an agreement with ExxonMobil Canada to farm into an exploration license offshore the province of Newfoundland and Labrador in Canada. The transaction has received all necessary consents from the Canada - Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). According to the agreement, QatarEnergy will hold a 40% participating interest in license EL 1165A, where the Hampden exploration well activities are

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Rig Lynx is a next-gen consultancy and tech partner built at the crossroads of energy operations, AI integration, and digital engagement. With nearly 30 years of experience across global offshore campaigns—Rig Lynx merges frontline expertise with modern tech to drive safety, performance, and strategy.

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