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Author: Admin

Rig Lynx Weekly Rundown – Valaris fleet status report, multiple new contracts adds over $1 billion to backlog

August 9, 2021
| Weekly Rundown

Valaris fleet status report, multiple new contracts adds over $1 billion to backlog Valaris shared their updated fleet status report and here are the highlights Read More Noble reports on Q2 with three new contracts and over $1 billion in backlog Noble issued their financial results for Q2 and here are the highlights Read More DS 11 will receive a 20k psi upgrade for

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International Rig Count sits at 751, here is the breakdown

August 9, 2021
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for June is 751, down 7 units from the count in June and up 8 units from the 743 counted in July 2020. Latin America is down 9 units to a total of 134 from the June count of 143 units and is up 60 units year-over-year. The Asia-Pacific

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Ghana $1 billion loan request, Senegal & Nigeria, Algerian Petro Institute sign partnership WAW 15

August 9, 2021
| West Africa Weekly

Join Greg for another episode of West Africa Weekly! This week: - 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 SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/west-africa-weekly LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/west-africa-weekly/id1547856250 SPOTIFY: https://open.spotify.com/show/6PLPUWNRFumBHcJzUIQSps YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Rig Lynx LLC nor Arvy Nahar own

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YouTuber Alien Abduction, Shell, NewsCorp, UFC 265, No Face Paint, Felony Embezzlement OT EP 22

August 9, 2021
| OVERTIME

Join Greg and Ryan for another episode of Overtime! - 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 SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/overtime_16 LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/overtime/id1543586841 SPOTIFY: https://open.spotify.com/show/011NdEFDU9kjroD2C6WJZR?si=p6H58eTDR-6FwiH7uB5KaA YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Rig Lynx LLC nor War Room Media own any of the

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

August 6, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +3 to 491 rigs U.S. Rig Count is up 3 from last week to 491 with oil rigs up 2 to 387, gas rigs unchanged at 103, and miscellaneous rigs up 1 to 1. U.S. Rig Count is up 244 rigs from last year's count of 247, with oil rigs up 211 gas rigs

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Senegal constructing $1.1 billion superport

August 6, 2021
| Archives

Senegal is constructing a $1.1 billion superport near the town of Ndayane, 50km southeast of the capital, Dakar. Dubbed the ‘Port of the Future’, the new multifunctional port will be technologically advanced and operationally efficient. By modernizing its current port infrastructure – critical as the country moves to develop its offshore discoveries – and prioritizing new port

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Egypt and Chevron in talks over more Red Sea and Med work

August 6, 2021
| Archives

According to a press statement from the Egyptian Ministry of Petroleum and Mineral Resources, Egypt is eyeing American supermajor Chevron for additional investment into its oil and gas arena, specifically in the Red Sea and the Mediterranean. Minister Tarek El Molla and Chevron officials discussed potential areas of cooperation in exploration and production during a recent meeting. El

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Solstad bags new work with Petrobras

August 6, 2021
| Archives

Solstad Offshore has secured a contract with Petrobras for the deployment of its construction support vessel (CSV) Normand Flower on the Brazilian continental shelf. Under the contract, Solstad will support Petrobras’ exploration and production activities. The contract duration is three years firm with 475 days options thereafter, commencing in April 2022. Additionally, Solstad has signed a contract extension with Prysmian Powerlink for its

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Petrobras to drill 20 new exploratory wells offshore Brazil

August 6, 2021
| Archives

The Campos Basin will be the main focus of this year and the next within Petrobras’ exploratory program. In all, the company plans to drill 20 new wells between 2021 and 2022 in Brazil, 11 of which will be inside Campos, in the so-called “pre-salt fringe”. The move could result in a boost in the coming years

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BHP says Shenzi North in Gulf of Mexico is a go

August 6, 2021
| Archives

BHP has approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. The capital expenditure approved represents a 100 per cent share interest. The project offers very attractive returns at a nominal IRR of over 35 per cent, a breakeven of approx. US$25/bbl and a payback of less than 2 years. BHP is

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Recent Posts

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  • North America Rig Count: U.S. -4 to 751 Canada -12 to 127
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