Northern Drilling pulls out of newbuild West Aquila
West Aquila Inc., the 100% owned subsidiary of Northern Drilling Ltd has notified Daewoo Shipbuilding & Marine Engineering Co. Ltd (“DSME”) that it has cancelled the resale contract for the 7th generation ultra deepwater drillship West Aquila due to delay of delivery as well as repudiatory breach of contract.
Island close to landing work in South Africa
Several assignments may follow. – We are excited about the future with the political landscape, which will be of great importance to us. We must therefore see both inland and outlying and not just lock ourselves into the Norwegian shelf.
Var approved for more exploration in Barents Sea
The Petroleum Safety Authority Norway has given Vår Energi consent for exploration drilling in Block 7122/6 in the Barents Sea.
Buyers continue to circle Seadrill Limited
Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival SeadrillLtd.
Tom Burke steps down as President and CEO
Valaris Limited announced that Mr. Tom Burke will step down from his position as President and Chief Executive Officer and member of the Board of Directors, effective September 2, 2021.
This week's career opportunity
Role: Assistant Driller
Location: Mediterranean
Vessel Type: 6th Generation drillship
Systems: MHWirth Drillview
Overtime Ep 22
– Oil Prices – Shell’s Permian Play – NewsCorp Wants the Oil Data – No Headdress, No Face Paint, No Cheerleaders – UFC 265 – YouTuber Abducted by Aliens – Felony Embezzlement Over VHS Tape
West Africa Weekly Ep 15
– Oil Prices – Ghana seeks loan approval to accelerate oil and gas exploration – Senegal partners with Nigeria for oil sector development – Algerian Petroleum Institute signs training partnership with Senegal
Oil Prices
August 20, 2021
|
WTI $61.92 |
|
Brent $64.96 |
|
Natural Gas $3.85 |
Rig Count
U.S. & Canada – August 20, 2021
International – August 9, 2021
|
International Rigs ( -7 ) 751 |
|
U.S. Rigs ( +3 ) 503 |
|
Canada Rigs ( -8 ) 156 |
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