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Author: Admin

What does the word Bosshole mean?

February 1, 2021
| Memes

It's contagious in some places! Join our mailing list here

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Awilco CEO resigns amongst feud with Keppel

February 1, 2021
| Archives

Awilco Drilling PLC announces that Jens Berge, Chief Executive Officer, has decided to leave the Company with effect from 1 February to pursue other opportunities. Eric Jacobs, General Counsel in the Awilhelmsen Group, will act as interim Chief Executive Officer until the Board of Directors appoints a permanent replacement. "The Board would like to thank Jens Berge for

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PV Drilling awarded contract for 3 wells from JVPC

February 1, 2021
| Archives

PetroVietnam Drilling and Well Services Corporation (PV Drilling) signed a contract to supply PV Drilling III jack-up rig for Nhat Viet Petroleum Company Limited (“JVPC”) . Accordingly, PV Drilling III drilling rig will implement the drilling program of JVPC including 3 wells and 1 optional well at Lot 15-2, off the coast of Vietnam . Currently, PV Drilling III rig is serving the drilling campaign with 5 developed

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Sonatrach Signs MoU with Occidental, Eni, and Total

February 1, 2021
| Archives

Within the framework of the existing partnership relations, Sonatrach and its Western partners, Eni, and Total proceeded to sign a Memorandum of Understanding on January 31 aiming to consolidate their relations and their historic partnership in the perimeter contract located in blocks 404 and 208 of the Berkine Basin. The purpose of this Memorandum of Understanding is to

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Tight oil market in first half could push crude to $65

February 1, 2021
| Archives

Oil prices could rise to $65 a barrel by July amid a tight oil market and slow rebound in demand, Goldman Sachs said. The bank said in a note on Sunday data indicated a deficit of 2.3 million barrels per day (bpd) in the fourth quarter of 2020 driven by higher demand and lower supplies from producers outside

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BP divestments continue, $2.6 billion in the Thailand Omani gas block sold

February 1, 2021
| Archives

BP will sell a stake in an Omani gas block to Thailand’s national energy firm for $2.6 billion, part of a push to divest billions of dollars of assets and focus more on renewable energy. PTT Exploration and Production Public Co. Ltd. has agreed to pay the sum for 20% of Block 61, according to statements from both

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Rig Lynx Weekly Rundown – Vantage scraps the Titanium Explorer

February 1, 2021
| Weekly Rundown

Each week we share our top trending articles from the industry!

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GameStop, Robinhood… is Blockbuster next? 

January 31, 2021
| Memes

Seems to be a theme these days.... GameStop, Robinhood... is Blockbuster next?  Join our mailing list here

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North America Rig Count: U.S. adds 6 and Canada adds 2

January 29, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +6 to 384 rigs U.S. Rig Count is up 6 from last week to 384 with oil rigs up 6 to 295, gas rigs unchanged at 88, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 406 rigs from last year's count of 790, with oil rigs down 380, gas rigs down

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Canada’s TransGlobe Energy prepped to drill 12 wells in Egypt through 2021

January 29, 2021
| Archives

TransGlobe Energy Corp. has announced that its 2021 drilling program includes 12 wells in Egypt. The news comes as the company released its 2021 capital budget and production guidance which comes in at $27.2 million (before capitalized G&A) which is broken down between its operations in Egypt and Canada. Egypt will see $16.6 million and Canada $10.6

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