Seadrill sells West Vigilant to PT Duta Marine
The jack-up rig West Vigilant (2008) is now being sold to PT Duta Marine in Indonesia. The sale price is $7.3 million, according to Texas bankruptcy court documents. Fearnleys receives a brokerage fee of 3.5 percent after the sale. A year ago, Seadrill announced that it could scrap up to ten rigs. West Vigilant was among these.
Transocean defers payment to JSPL for 20k drillship duo
Transocean Ltd. announced that it has agreed with Sembcorp Marine’s subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. As part of the agreement, JSPL has agreed to accept deferred payment for both rigs.
Stena lines up new work for the fleet
Stena Drilling has secured two contract extensions and two new deals for its offshore rig fleet. Ultra-deepwater drillships Stena Carron and Stena DrillMAX have been awarded extensions by ExxonMobil for further operations offshore Guyana that will see the duo committed until December 31st this year.
Seadrill line up 5 rigs for scrapping
current market reports indicate that Seadrill is to scrap five of its stacked rigs, including four semisubs and one drillship. It is understood that the units will all be sent to the Rota shipyard in Turkey where they will be recycled.
Seadrill lands 18 month contract for the West Neptune in the GOM
In a filing with the U.S. District Court for the District of Alaska, the Biden administration said Wednesday that Conoco’s Willow project in the National Petroleum Reserve-Alaska was approved only after years of analysis, consultation and public input.
Overtime Ep 19
-Oil Prices -IEA Report -Spain Bans Oil and Gas Exploration -Corey Kluber Throws 2nd No-Hitter in Two Days -Kevin Pillar Takes a 94.5 MPH Fastball in the Face! -UFC 262 -Triller and UFC -Alcohol Made from Chernobyl Apples
West Africa Weekly Ep 12
-Oil Prices -Seadrill JV Sonodrill Awarded 12 Well Contract for the Quenguela -Sonatrach Signs MoU on E&P with Equinor -Halliburton Awards Major Software Grant to Three Algerian Universities -BP, Eni Sign Agreement to Discuss Combination of Upstream Assets in Angola -Shell in Talks with Nigeria to Sell Onshore Assets
Oil Prices
June 13, 2021
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WTI $70.79 |
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Brent $72.60 |
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Natural Gas $3.29 |
Rig Count
U.S. & Canada – June 11, 2021
International – June 4, 2021
|
International Rigs ( +55 ) 750 |
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U.S. Rigs ( +5 ) 461 |
|
Canada Rigs ( +16 ) 93 |
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