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Oil Search asks Santos to sweeten the deal

August 2, 2021
| Archives

Oil Search said on Monday it intended to recommend an improved buyout offer from Santos Ltd, worth A$8.4 billion ($6.2 billion), in a deal that would create a top-20 global oil and gas company. The merged group would own oil and gas assets in Australia, Papua New Guinea (PNG) and Alaska, with the jewel in the crown considered

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ExxonMobil announces new discovery in Campos Basin

August 2, 2021
| Archives

ExxonMobil notified the National Petroleum Agency (ANP) this week about signs of oil and gas found in block C-M-789, in a water depth of 2,681 meters. The discovery was made in well 1-EMEB-1A-RJS (also called Opal-1A). The exploratory campaign in the block is being carried out with the West Saturn drillship. As reported in February, ExxonMobil had restarted

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Eni announces new find offshore Mexico

August 2, 2021
| Archives

Eni announces an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Salina Sureste Basin, Offshore Mexico. According to preliminary estimates the new find may contain between 150 and 200Mboe in place. Sayulita-1 EXP, which has led to the find, is the seventh successful well drilled

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Rig Lynx Weekly Rundown – Transocean lands two new contracts in the Gulf of Mexico

August 2, 2021
| Weekly Rundown

Transocean lands two new contracts in the Gulf of Mexico Transocean Ltd. announced it was awarded two new contracts. One for the Deepwater Conqueror and the other for the Deepwater Asgard. Both will contribute approximately $55.5 million to their backlog. Read More Saipem lines up new work for the fleet Saipem has confirmed various new contract awards and extensions for its offshore rig fleet. Read

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Silwana Diamond, Nigeria looks for 1Bill, Dana Gas, Top 5 Projects By Investment WAW 14

August 2, 2021
| West Africa Weekly

Join Greg for another episode of West Africa Weekly! This week: - Oil Prices - Top 5 largest oil and gas projects in Africa by investment - Dana Gas Wins Arbitration - Nigeria seeks funding for pipeline after China backs out - Silwana Diamond to explore offshore Guinea-Bissau 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

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Garretts Colt, Jet Fuel Shortage, Brazil, Cleveland Guardians, Rachael Ostovich, Oil Prices, Movie Reviews OT EP 21

August 2, 2021
| OVERTIME

Join Greg and Ryan for another episode of Overtime! - Oil Prices - Jet Fuel Shortage - Brazil and It’s Energy Transition or Not - Cleveland Guardians - Rachael Ostovich - Movie Reviews - Pat Garrett’s Colt 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 clips that were played in today’s episode nor

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Saipem lines up new work for the fleet

July 30, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that Saipem has confirmed various new contract awards and extensions for its offshore rig fleet. The newly leased drillship Samsung Santorini, due to join the fleet in November 2021, has been awarded a contract with Eni for work in the US

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Exxon announces biggest profit in over a year

July 30, 2021
| Archives

Exxon Mobil on Friday posted its biggest quarterly profit in more than a year that also sailed past analysts’ estimates, boosted by higher oil prices and record earnings at its chemicals business. The upbeat results following a contested board fight over the company’s direction quelled some investor concerns and highlighted how oil producers are taking advantage of a

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Shell Q2 profits at a two year high

July 30, 2021
| Archives

Shell has announced its second quarter 2021 results Royal Dutch Shell Chief Executive Officer, Ben van Beurden, said: 'We are stepping up our shareholder distributions today, increasing dividends and starting share buybacks, while we continue to invest for the future of energy. The quality of Shell’s operational and financial delivery and strengthened balance sheet have given the Board confidence to rebase the dividend per share from

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