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A look back at our top 10 articles for 2021

Rig Lynx
  • By Rig Lynx
  • Jan 03, 2022
  • Category : Current News
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A look back at the top 10 articles of 2021

 

It seems like every year starts off as difficult here recently, with Covid still hanging around and ABCDEFG variants coming along, it is putting pressure on many areas that came out of lockdown seem to be struggling to keep from replaying 2020 all over again and going back into lockdown.

 

Shale drillers becoming more resilient to the pricing game as Saudi keeps the hand on the valve playing it safe with production increases. No one is ready to say we are recovered yet, which by all counts means that the market is still fragile. But one thing is for certain, the market is reacting to news around the world. We saw early in 2020 that it seemed like the previous trends of weather-related events, geo-political events, nothing seemed to touch the price by very much.

 

It looks like we are in a more balanced environment, a tender one but a more balanced one.

 

Some big news that is not covered here was the amount of quantitive easing that is making its way into some of the largest board rooms in the business. We covered it more in detail here with our special report on ExxonMobil and Engine 1, something anyone in the industry needs to have a read and understand what is taking place around the world.

 

Stay safe and stay positive or in respects to COVID,stay negative!

 

 

Shell confirms Deepwater Pontus BOP incident

 

Back on Dec 13th 2021, Shell confirmed that Transocean drillship Deepwater Pontus was forced to stop working since losing a blowout preventer (BOP) when completing a well late last month.

 

Shell confirms Deepwater Pontus BOP incident

 

Bolette Dolphin sold for $85 million to Deep Value Driller AS

 

In early March of 2021, Fernley Securities reported that the Bolette Dolphin had found a new home with Deep Value Driller AS.

 

Bolette Dolphin sold for $85 million to Deep Value Driller AS

 

Vantage Drilling sells 3 jackups to ADES and pursues global strategic alliance

 

Just as recently as two weeks ago, Vantage Drilling International and ADES strengthened their partnership with VDI selling all the interest in Emerald Driller Company (EDC) in Qatar to ADES Arabi. This of course is the business unit for VDI that has 3 long term contracts in place.

 

Vantage Drilling sells 3 jackups to ADES and pursues global strategic alliance

 

Sevan Developer slated to start Petrobras contract August 2021

 

April 2021, we saw the SacanB Offshore managed Sevan Driller going to work for Petrobras offshore Brazil.

 

Sevan Developer slated to start Petrobras contract August 2021

 

 

Noble Drilling and Pacific Drilling announce merger

 

We saw one of the largest announcements of the year back in March 2021 between Noble Drilling Corp and Pacific Drilling to merge in an all-stock transition.

 

Noble Drilling and Pacific Drilling Announce Merger

 

Globetrotter 2 loses LMRP and Riser during Ida

 

Hurricane Ida wreaked havoc in the Gulf of Mexico back late August – early September as it shut down production on some Shell platforms for months and damaged one of Noble’s rigs the Globetrotter 2 with crew still aboard which ensued a BOEM investigation.

 

Globetrotter 2 loses LMRP and riser during IDA

 

Seadrill top of pack for Petrobras MPD contract

 

Many new contracts awarded this year it hot spots such as Guyana, Brazil and the Mediterranean, so no surprise that Seadrill was in the running back in September for some MPD work for Petrobras offshore Brazil.

 

Seadrill top of the pack for Petrobras MPD contract

 

 

Seadrill line up 5 rigs for scrapping

 

Another year of consolidation and of course, scrapping… Seadrill was not immune from this as they announced 5 of their floaters headed to scrap heap in June.

 

Seadrill line up 5 rigs for scrapping

 

 

Buyers circle Seadrill as it plots exit from bankruptcy

 

Seems like it was a busy year for Seadrill news as they were preparing to exit from Bankruptcy but here there was some much-anticipated info on perspective buyers waiting on them to exit back in June.

 

Buyers circle Seadrill as it plots exit from bankruptcy

 

 

Stena announces purchase agreement with SHI for drillship

 

Rounding of the list was something that many of us haven’t seen for a long time, the agreement to purchase a newbuild. Stena working in conjunction with SHI made this announcement back in December.

 

Stena announces purchase agreement with SHI for drillship

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