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Maersk awarded intervention contract for the Developer

April 20, 2021
| Archives

Maersk Drilling has been awarded a contract with Karoon Energy Ltd for the semi-submersible rig Mærsk Developer to perform well intervention on four wells at the Baúna field offshore Brazil. The contract is expected to commence in the first half of 2022, with a firm duration of 110 days. The value of the firm contract is approximately

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Seadrill Limited replaces forbearance agreement

April 19, 2021
| Archives

Seadrill Limited announces that Seadrill New Finance Limited, a subsidiary of the Company, has agreed to replace the existing forbearance agreement announced on 11 February 2021, and extended on 23 February 2021, 9 March 2021 and 23 March 2021 with a new forbearance agreement, with respect to the 12.0% senior secured notes due 2025 with certain holders

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Ramco awarded 3 year contract in Senegal

April 19, 2021
| Archives

Ramco Tubular Services (Ramco), a leading specialist in the care and maintenance of oil country tubular goods (OCTG), has recently secured a seven-figure, three-year contract in Senegal with a leading global supplier of steel tubular products. The contract will see Ramco supply its latest generation pipe care unit, PCU4. An automated OCTG wash and rig ready prep system,

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Petroserv awarded extension for SSV Louisiana

April 19, 2021
| Archives

Petroserv's semisub Louisiana has been awarded a 385-days extension from ONGC. The semisub has been under a three-year contract with ONGC in India, starting in April 2018 and ending in April 2021. The extension will see the rig working until May 2022. Source: Esgian Join our mailing list here

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Awilco awarded exploratory work with Ithaca

April 19, 2021
| Archives

Awilco Drilling PLC is pleased to confirm that a contract has been signed with Ithaca Oil and Gas Limited for the provision of WilPhoenix for a single exploration well at Fotla in Block 22/1b. The well will commence no earlier than 31st May 2021. WilPhoenix is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling

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Shell to return to Brazils Campos Basin later this year

April 19, 2021
| Archives

The president of the oil company in Brazil, André Araújo, participated in a conversation with journalists and revealed that the company hired the rig West Tellus, which will start an exploratory campaign from the second semester in the Campos Basin. The works will be carried out in Parque das Conchas (BC-10) and also in block C-M-791 (won

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Frontera and CGX joint venture plan Kawa-1 spud offshore Guyana

April 19, 2021
| Archives

Frontera Energy Corporation and CGX Energy Inc., joint venture partners in Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, announced that they have entered into a term sheet for a $19 million loan that will enable CGX to continue to finance its share of costs related to the Corentyne, Demerara and Berbice blocks, the Berbice Deepwater Port,

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Rig Lynx Weekly Rundown – Sevan Developer slated to start Petrobras contract August 2021

April 19, 2021
| Weekly Rundown

Sevan Developer slated to start Petrobras contract August 2021 Sacanb Offshore will debut in the Brazilian drilling market in August. The Indian group signed a contract with Petrobras to charter the Sevan Developer mono-column rig. Read More Valaris receives 500-day deal for semi MS-1 (ex Atwood Osprey) It has now been confirmed that Santos has secured further time on moored semisub

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