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

Archives

TechnipFMC JV awarded long term contract in Brazil

September 1, 2021
| Archives

TechnipFMC and its joint venture (JV) partner DOF Subsea have been awarded significant(1) long-term charter and services contracts by Petrobras for the pipelay support vessels Skandi Vitória and Skandi Niteroi. The Brazilian-built and flagged vessels are owned by DOFCON Navegação Ltda, a 50/50 JV between TechnipFMC and DOF Subsea. Each contract is for three years, with an option to

Read More...

ENI announces major oil discovery offshore Ivory Coast

September 1, 2021
| Archives

Eni announces a major oil discovery in block CI-101 offshore Ivory Coast. The block is operated by Eni with Petroci Holding, who hold 90% and 10% respectively in the exploration phase.   The discovery well has been drilled on the Baleine prospect, with the support of the Government in the difficult context of the pandemic-covid-19. Baleine-1x discovered light oil

Read More...

BOEM posts record of decision for upcoming lease in GOM

September 1, 2021
| Archives

As follow up to the Department of the Interior’s announcement on August 24, BOEM has posted an updated Record of Decision (ROD) for Lease Sale 257 (LS 257) to its website. The Department has determined to move forward with the process for Gulf of Mexico (GOM) Lease Sale 257, consistent with the Secretary’s authorities and discretion under applicable law. This ROD

Read More...

Invictus provides update on Zimbabwe drilling tender

September 1, 2021
| Archives

Invictus Energy has provided an update on its upcoming drilling activity on its Cabora Bassa asset in Zimbabwe. The company has completed the tendering process for long lead drilling items (wellheads and casing) which is awaiting formal award. The rig selection process is advancing, and the company is in detailed discussions with shortlisted rig providers as well as

Read More...

Hess sells two Danish fields to INEOS for $150 million

August 31, 2021
| Archives

Chemicals and energy group INEOS said on Monday it has completed its acquisition of Hess Corp’s stake in two Danish oilfields for $150 million. Under the deal announced in March, INEOS Energy will acquire 61.5% of the Hess-operated Syd Arne oilfield, in which INEOS already holds the remaining stake, and a 4.8% stake in the INEOS-operated Solsort field. UK-based

Read More...

ADNOC awards Pakistani consortium exploration rights for offshore block

August 31, 2021
| Archives

The Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed an exploration concession agreement with a consortium of four Pakistani companies, in the major oil producer’s second competitive block bid round. The consortium led by Pakistan Petroleum Limited (PPL) was given the exploration rights for Abu Dhabi’s Offshore Block 5. The group is expected to

Read More...

Borr awarded two LOIs for more work in West Africa

August 31, 2021
| Archives

Borr issued a fleet status update with its Q2 2021 presentation and here are the highlights: Jackup Natt has been awarded a letter of award from an undisclosed operator for one year of operations offshore West Africa with options. Jackup Frigg has been awarded a letter of intent from an undisclosed West African operator with similar duration and options

Read More...

Basic Energy cutting 500 Texas jobs

August 30, 2021
| Archives

Oilfield services provider Basic Energy Services is warning employees that nearly 500 jobs could be eliminated in Texas, according to a filing with the state’s workforce commission, as the company works through Chapter 11 restructuring that includes asset sales. The job cuts are focused throughout Texas, with 135 positions eliminated in Howard County in West Texas and 120

Read More...

Noble reports on rig conditions following Ida

August 30, 2021
| Archives

Noble Corporation announced that all personnel onboard the Pacific Sharav, Noble Globetrotter I, and Noble Globetrotter II ultra-deepwater drillships in the US Gulf of Mexico are safe and accounted for following Hurricane Ida.  Each rig successfully secured its respective well in progress and took evasive actions to avoid the storm's path.  Of the three, the Noble Globetrotter II is the only vessel that

Read More...

CGX exercised an option on the Maersk Discoverer

August 30, 2021
| Archives

CGX Resources Inc., operator and joint venture partner with Frontera Energy Guyana Corp has exercised an option to drill one additional exploration well offshore Guyana. The work is expected to commence in the first half of 2022 in direct continuation of the semi-submersible rig Maersk Discoverer’s contract with Shell Trinidad. With this option called, Maersk Discoverer is

Read More...