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Author: Admin

ADNOC signs 8 companies to $1 billion worth of engineering contracts

August 24, 2021
| Archives

The Abu Dhabi National Oil Company (ADNOC) has signed framework agreements for Concept and Front-End Engineering Design (FEED) services for major projects across its full value chain to support the delivery of its 2030 strategy.  The framework agreements – which were signed with eight top-tier global engineering contractors – have a combined scope worth up to $1 billion (AED 3.67 billion) and the potential

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Maersk orders 8 methanol burning container vessels able to carry 16k CCUs each

August 24, 2021
| Archives

A.P. Moller-Maersk said on Tuesday it had ordered eight vessels which are able to run on carbon-neutral methanol to accelerate the decarbonization of its fleet and meet increased customer demand for greener transportation. The Danish company has vowed to only order new vessels which can use carbon-neutral fuel as it seeks to deliver net-zero emissions by 2050. As vessels

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Rig Lynx Weekly Rundown – Northern Drilling pulls out of newbuild West Aquila

August 24, 2021
| Weekly Rundown

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. Read More Island

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DOF Subsea secures contract extension offshore Africa

August 23, 2021
| Archives

DOF Subsea has received a 6-month extension to a contract in Africa. The project will continue to use Skandi Seven throughout the extended duration, delivering integrated FSV services, project management, engineering, procurement and logistical services within deep-water construction and maintenance of existing subsea infrastructure. Source: EP Join our mailing list here

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Frontera spuds in Kawa 1 offshore Guyana with Maersk Discoverer

August 23, 2021
| Archives

Frontera Energy and CGX Energy, joint venture partners in Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, have announced the spudding of the Kawa-1 exploration well in the Corentyne block, offshore Guyana. Additionally, the Joint Venture has exercised its option to drill a second well with Maersk Drilling through the use of Maersk Discoverer. Gabriel de Alba, Chairman of Frontera's Board

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Mandatory vaccinations added to employee requirements for Chevron, Hess and more

August 23, 2021
| Archives

U.S. energy companies are moving to require that employees receive COVID-19 vaccinations as infection rates rise across the United States and energy workers, according to health surveys, remain among those most reluctant to get inoculations. Calls to require vaccinations for employees who work closely together in oilfield and refinery operations come as the U.S. Food and Drug Administration

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Shell loses mineral lease on OML 11 in Nigeria to state run NNPC

August 23, 2021
| Archives

Royal Dutch Shell Plc’s Nigerian venture lost the right to operate an oil site after a court ruled the company wasn’t entitled to renew a lease first granted in 1989. On Monday, the court of appeals in Nigeria’s capital, Abuja, overturned a 2019 ruling that granted Shell Petroleum Development Co. the right to renew its operating license for

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Maersk bags contract extension for the Developer offshore Suriname

August 20, 2021
| Archives

Total E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional appraisal well in Suriname’s Block 58 to the work scope of the semi-submersible rig Mærsk Developer. The contract extension has an estimated duration of minimum 40 days , with work expected to commence in September 2021 in direct continuation of the

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North America Rig Count: U.S. adds on 3 and Canada drops 8

August 20, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +3 to 503 rigs U.S. Rig Count is up 3 from last week to 503 with oil rigs up 8 to 405, gas rigs down 5 to 97, and miscellaneous rigs unchanged at 1. U.S. Rig Count is up 249 rigs from last year's count of 254, with oil rigs up 222 gas rigs

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Lundin Energy granted wildcat permit using the Deepsea Stavanger

August 20, 2021
| Archives

The Norwegian Petroleum Directorate (NPD) has granted Lundin Energy Norway a drilling permit for wildcat well 17/8-1 in production licence PL 976. Well 17/8-1 will be drilled from the Deepsea Stavanger drilling facility in position 58°27'6.11"N and 3°31'9.19"E. Lundin Energy Norway is the operator with an ownership interest of 50 per cent. The other licensees are Repsol Norge (30 per cent) and Petoro (20 per cent). The area in this permit consists of

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