
Each week we share with you trending articles in the industry
Deepwater to have record growth in coming years
Offshore project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025, cumulatively almost 600 projects, a Rystad Energy report shows. Deepwater commitments will enjoy the largest growth as their cost has now become much more competitive against greenfield continental shelf reserves.

Bolette Dolphin sold for $85 million to Deep Value Driller AS
We previously reported that TPAO was in negotiations with Dolphin on the 7th generation drillship but it was announced that it was sold to Deep Value Driller AS for $85 million.

Noble awarded more work for the Tom Prosser
Carnarvon Petroleum Limited is pleased to confirm that the Noble Tom Prosser jackup drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells.

ENI extends Saipem 10000 until 2023
Saipem said in its latest financial reportthat the contract of the ship has been extended until 2023 for worldwide operations

Shelf announces new work and extensions in recent fleet status update
Shelf Drilling issued their fleet status update full of new work!
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Oil Prices
March 5, 2021
WTI
$66.26 |
Brent
$69.55 |
Natural Gas
$2.70 |
Rig Count
U.S. & Canada – March 5, 2021
International – March 5, 2021
International Rigs
( +24 ) 701 |
U.S. Rigs
( +1 ) 403 |
Canada Rigs
( -22 ) 141 |
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