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Seadrill making headway exiting Chapter 11

September 6, 2021
| Archives

Seadrill has announced the United States Bankruptcy Court for the Southern District of Texas has approved the disclosure statement for the Company’s proposed plan of reorganization, paving the way for the Company's emergence from Chapter 11 in Q4 2021.   The Court authorized the Company to distribute the Disclosure Statement and solicit votes from all lenders on the Plan.  The Court also

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PVD grabs two well contract with Vietsovpetro

September 6, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that PV Drilling has secured a new two-well contract for jackup PV Drilling I with Vietsovpetro. The operator's drilling program will start from mid-September 2021 at Block 09-1, covering 2 firm wells and 1 optional well repair. The rig is currently

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Shell identifies damage to offshore facilities after Ida

September 3, 2021
| Archives

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, conducted an initial flyover of our assets in the path of Hurricane Ida. During this initial flight, we observed damage to our West Delta-143 (WD-143) offshore facilities. When it is safe to do so, we will send personnel offshore to provide a closer inspection of these

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Indonesia awards first oil and gas blocks in 2 years

September 3, 2021
| Archives

Indonesia has awarded oil and gas blocks to local upstream energy company Energi Mega Persada and Canada’s Husky Energy Inc, a senior official said on Friday, in the country’s first such tender in nearly two years. Energi Mega Persada was awarded the South CPP block located on Sumatra island, which is estimated to recover 49.1 million barrels of

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Globetrotter 2 loses LMRP and riser during IDA

September 3, 2021
| Archives

Noble provided an update on the Noble Globetrotter II ultra-deepwater drillship and the personnel onboard.   As previously reported, the vessel encountered severe weather during Hurricane Ida.  Noble management is in frequent communication with the ship's crew and is working to facilitate additional transport for some crew members to shore, as may be needed, as well as replacement personnel to

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Bourbon lands more work with Shell offshore Namibia and Sao Tome

September 2, 2021
| Archives

Offshore vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project scope covers the international shipment and clearance of Shell’s and its subcontractors’ equipment from Houston to Walvis Bay, the management of

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8 major companies signed up for 17th Brazilian bidding round

September 2, 2021
| Archives

Wintershall Dea do Brasil Exploration and Production Ltda. is the eighth company registered for the 17th Bidding Round for the exploration and production of oil and natural gas, scheduled for October. 92 blocks with exploratory risk will be offered, with a total area of 53,93 thousand km², located in 11 sectors with high potential and new frontiers in

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Carnarvon signs up VALARIS JU-107

September 2, 2021
| Archives

Carnarvon Petroleum has advised that the VALARIS JU-107 jack-up drilling rig has been contracted for the Buffalo-10 drilling operations. The drilling operations are expected to commence once the rig has completed its current operations. The rig is currently operating in the Timor Sea, around 300km from the Buffalo location, and is expected to be completing those operations in around 8 to 10 week’s time. Once these operations are complete, the rig will mobilize to

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Borr bags LOA for the Mist

September 2, 2021
| Archives

Borr Drilling Limited is pleased to announce it has secured a Letter of Award (“LOA”) for the premium jack-up drilling rig “Mist” from an undisclosed operator in Southeast Asia. The program is expected to commence in November 2021 with a duration of seven months plus options. The net start-up cash cost for the rig is expected to be

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USCG investigates reports of hurricane damage aboard Noble Drillship

September 2, 2021
| Archives

After conflicting reports about the condition of the drillship Noble Globetrotter II, which rode out high wind conditions in the Gulf of Mexico during Hurricane Ida, the U.S. Coast Guard is taking steps to investigate the circumstances on board and bring the ship into port for repairs.  Operator Noble Corporation reported Sunday that the Noble Globetrotter II had encountered hurricane-force conditions, but the

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