+1(833) 396-4204 info@riglynx.com
Menu

Author: Admin

Noble issues fleet status update

July 11, 2020
| Archives

Noble issued their fleet status update on July 9th, here are the highlights: Qatar Noble Mick O’Brien – Late August 2020 to Mid November 2020 Saudi Arabia Noble Scott Marks – On standby from May 2020 to May 2021. Contract extended to July 2023. United Kingdom Noble Sam Hartley – Mid August 2020 to Mid December 2020. Noble Sam Turner – One well

Read More...

Update – Most Active User Contest Week 28

July 9, 2020
| Archives

Here is a quick update for our "Top 10" users for this weeks contest! India is currently in the lead! Manash Chetia / Electtrician / India Nilutpal Borah / 1st Engineer / India Derek Hakon / Project Engineer / United States Marvelous Olaoluwas / Welder / Nigeria Priyesh Prasannan / Roustabout / India Rahadilan Purwantoro / Derrickhand / Indonesia Adrian Olivia / Owner / South Africa Steeven Letembet / Radio Operator / Gabon Dirk Severijnse /

Read More...

Mexico’s Pemex, Talos Energy told to seek deal on shared oil find

July 9, 2020
| Archives

Mexico’s state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc have been instructed to come to an agreement detailing how they will jointly develop a large offshore oil find, the energy ministry said on Wednesday. The formal instruction from the energy ministry, dated July 7 but announced in a statement on Wednesday, follows

Read More...

Total secures $15.8 billion in funding for Mozambique gas project

July 9, 2020
| Archives

French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand’s local unit, FNB Mozambique. In a press release published on Wednesday, FNB Mozambique said the financing contracts for Total’s blockbuster development had been signed on Friday. While this was widely reported

Read More...

Energy industry veterans to launch hydrogen investment fund

July 9, 2020
| Archives

Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans. Hydrogen has long-been touted as a potential clean fuel as it only emits water vapour but it has failed to gain traction, mainly because of historically high production,

Read More...

Petrobras to open tender for Brazil’s biggest ever platform

July 8, 2020
| Archives

Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production. Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is formally known, plans to launch the leasing tender for the floating platform,

Read More...

20% of shut-in Canadian production is being restored

July 8, 2020
| Archives

At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Cenovus Energy Inc., Husky Energy Inc. and Baytex Energy Corp. are among companies that have resumed shut-in production as prices rise above $40 a barrel.

Read More...

Equinor issues LOI to Odfjell Drilling for 12 firm wells

July 7, 2020
| Archives

The contract is set to commence in Q1 2022 with a duration of twelve (12) firm wells plus five (5) optional wells. The approximate contract value for the firm scope is up to USD 150 million (excluding any integrated services, modifications/upgrades and mobilisation/demobilisation fees). In addition, a notable performance incentive rate will apply when wells are delivered

Read More...