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

Archives

Is consolidation largely over for oil and gas producers in the U.S.

September 9, 2021
| Archives

The head of top U.S. shale producer Pioneer Natural Resources on Thursday said consolidation among oil and gas producers in the United States will slow in the next two years, particularly as oil majors bow out of the market. Pioneer was central to a wave of U.S. shale deal-making, with multi-billion dollar acquisitions of Parsley Energy and DoublePoint

Read More...

ADNOC partners up with Helmerich & Payne

September 8, 2021
| Archives

The Abu Dhabi National Oil Company and its subsidiary ADNOC Drilling Company and Helmerich & Payne, Inc., a global leader in rig technologies and drilling solutions, jointly announced today a strategic alliance, that will see ADNOC Drilling acquire eight FlexRig® land rigs from H&P for $86.5 million. Following this transaction, H&P will make a $100 million cornerstone

Read More...

Neptune Energy granted a new exploration permit offshore Norway

September 8, 2021
| Archives

The Petroleum Safety Authority Norway has given Neptune Energy Norge consent for exploration drilling in Block 33/6 in the North Sea. Exploration well 33/6-6 S and 33/6-6 A will be drilled in production license PL 882 to test a prospect named Shamu. Geographical coordinates are 61° 30' 31. 6586" North  01° 58' 36. 3232 " East. Water depth is 311 meters. The well is expected to

Read More...

Var Energi to spud in another wildcat offshore Norway

September 8, 2021
| Archives

The Norwegian Petroleum Directorate (NPD) has granted Vår Energi a drilling permit for wildcat well 7122/6-3 S in production license PL 901. Well 7122/6-3 S will be drilled from the Scarabeo 8 drilling facility in position 71°31'34.93"N and 22°44'49.03"E after concluding the drilling of development wells on the Goliat field for Vår Energi. Vår Energi is the operator with an ownership interest of 50 per cent. The other licensees

Read More...

Aquaterra signs three-year multi-million-dollar Angola platform contract

September 7, 2021
| Archives

Aquaterra Energy, a leader in global offshore energy engineering solutions, has secured a multi-million dollar master engineering and design service agreement with a supermajor to deliver multiple Sea Swift platforms over a three-year period. The platforms will be destined for off the coast of the Cabinda Province, offshore Angola. Won through a competitive tender process, Aquaterra Energy stood

Read More...

Stena Don headed to work for Chariot

September 7, 2021
| Archives

AIM-listed Chariot, the Africa focused transitional energy company, has signed a contract with Stena Drilling, one of the world’s foremost independent drilling contractors, to use its Stena Don drilling rig for the planned Anchois gas appraisal well within the Lixus licence, offshore Morocco. Drilling operations anticipated to commence in December 2021 and are expected to take up to approx. 40 days.   StenaDon is a semisubmersible rig, suitable for drilling, completion, and workover operations.  Appraisal drilling objectives: Unlock the development of

Read More...

Cairn to return $700 million to shareholders when India tax row resolved

September 7, 2021
| Archives

Britain’s Cairn Energy pledged to return up to $700 million to shareholders through a special dividend and a share buyback this year, as it signaled a long-running billion dollar tax dispute with India may be nearing an end. Oil and gas producer Cairn, which has major operations in the South Asian country, said on Tuesday it was considering

Read More...

ADC wins 5 year contract with CNOOC International

September 6, 2021
| Archives

ADC has recently been awarded a 5 year contract with CNOOC Intl. for the provision of Rig Acceptance Inspection Services. ADC has supported CNOOC with projects in the UK and Ireland since 2012, in addition to contracts in both Canada and Mexico. ADC’s Director, Austin Hay commented on the award, “We are delighted that CNOOC have placed a long term trust

Read More...

Total and Iraq sign $27 billion gas project deal

September 6, 2021
| Archives

France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country's oil minister said. The company will start with an initial investment of $10 billion, CEO Patrick Pouyanne said at the signing ceremony, adding that engineering work will start "immediately". The plan is to mobilize teams in Iraq

Read More...

Solstad signs up 7 PSVs in West Africa

September 6, 2021
| Archives

Solstad Offshore ASA is pleased to announce multiple new medium-term contracts in West Africa. Letter of Agreements have been signed with key clients for 7 PSVs, all with commencement Q4 2021 / Q1 2022. The total firm duration of the contracts is approximately 1,000 vessel days with options to extend the contracts further. Source: Solstad Join our mailing list here

Read More...