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Shelf Drilling completes cash raise for 5 Noble jackups

September 28, 2022
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Shelf Drilling, Ltd. announced that it has closed its previously announced offering of USD 250 million aggregate principal amount of 10.25% senior secured notes due 2025. The Issuer intends to use the net proceeds from the notes offering to pay part of the purchase price for SDNS’s previously announced acquisition of five jack-up rigs from various subsidiaries

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Siapem rakes in 1 billion euro worth of contracts offshore Ivory Coast

September 28, 2022
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Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euro overall. The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oil and gas field offshore Ivory Coast located at a 1,200m water depth. The Baleine Prospect represents the largest commercial discovery

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KCA Deutag awarded two rig deal for geothermal drilling

September 23, 2022
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KCA Deutag has announced that it has signed a contract with EAVOR ERDWÄRME GERETSRIED ('Eavor') to provide two drilling rigs for the construction of Eavor's first commercial Eavor-Loop™ system.  Drilling and facility construction work will commence on the project near the town of Geretsried, Germany in 2023. The Eavor-Loop™ system differs from conventional geothermal solutions as it uses conduction to retrieve heat

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Allseas awarded contract by TC Energy

September 23, 2022
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Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico. Our state-of-the-art pipelay vessels will install the 36-inch pipeline, which will run approx. 700 kms south along the coast from Tuxpan connecting the ports of Coatzacoalcos and Dos Bocas. The Southeast Gateway pipeline is the first major natural gas infrastructure project to emerge from

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Prosafe awarded new contract for the Concordia

September 23, 2022
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Prosafe has been issued a letter of award, subject to final contract, to provide accommodation and construction support using the Safe Concordia in the US Gulf of Mexico. The duration of the contract commencing Q2/Q3 2023 is approx. one year. The contract linked to the award has an approximate value of USD 33 million. Source: Prosafe Join our mailing list here

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Longboat Energy get Transocean Norge for 2023 farm in deal

September 23, 2022
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Longboat Energy has announced that a rig contract has been signed for the drilling of the Velocette exploration well (Company 20%). Velocette (PL 1016) will be drilled using the semi-submersible Transocean Norge and is expected to be drilled in Q3 2023. Velocette is a gas-condensate prospect targeting Cretaceous Nise turbidite sands on the eastern flank of the Utgard High in the Norwegian Sea which have been identified following recent

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Maersk Resolve awarded contract with INEOS

September 23, 2022
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Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two development wells at the Solsort field as well as performing well intervention work scopes on two wells within the Siri cluster. Both areas are located in the Danish North Sea. The contract is

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Tranocean Norge awarded 4-year contract with Wintershall

September 23, 2022
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Transocean Ltd. announced that the harsh environment semi-submersible, Transocean Norge, received a contract award from Wintershall Dea Norge and OMV Norge granting the exclusive right to drill all of the wells for their respective drilling campaigns starting in 2023 through 2027, subject to rig availability and other conditions. The contract provides that the Transocean Norge will drill eleven wells for Wintershall Dea Norge

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