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Shelf Drilling inks the Enterprise for 21 month gig with Chevron Thailand

January 18, 2020
| Archives

Shelf Drilling, Ltd. announced that it has secured a contract for its recently acquired high-specification jack-up rig, Shelf Drilling Enterprise, with Chevron Thailand Exploration and Production, Ltd. (“Chevronâ€) for operations in the Gulf of Thailand. The contract is expected to commence in August 2020 and run through April 2022 with an option to extend. The contract value

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Bassoe: Floater Report

January 18, 2020
| Archives

UDW dayrates took another step up since last month. Several new contracts, all with one year or less duration, were awarded at rates well over $200k, and we see the average moving toward $230k for the first half of the year.For harsh environment semisubs in Norway, the $360,000 dayrate for the West Phoenix’s long-term contract with Vår

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Pacific Drilling ordered to dish out $320ml to SHI

January 16, 2020
| Archives

Pacific Drilling announced today that an award has been issued in the previously disclosed arbitration proceedings between the Company’s subsidiaries, Pacific Drilling VIII Limited (“PDVIIIâ€) and Pacific Drilling Services, Inc. (“PDSIâ€), and Samsung Heavy Industries Co. Ltd. (“SHIâ€) related to the contract for the construction and sale of the Pacific Zonda. An arbitration tribunal in London, England (the

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Keppel delivers first rig of 2020

January 15, 2020
| Archives

Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), made its first rig delivery in 2020 safely, on time and within budget. Named Heimdal, the jackup rig is built to Keppel’s proprietary KFELS B Class design and is the fifth of eleven jackup rigs that Borr Drilling has ordered

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Senegal announces launch of 2020 licensing round

January 15, 2020
| Archives

The Ministere du Petrole et des Energies, Senegal, together with the Societe des petroles du Senegal (PETROSEN) and supported by GeoPartners, is to launch the 2020 Senegal Licensing Round with an opening event on January 28th 2020, at the King Fahd Hotel, Dakar.   The Licensing Round, announced at Africa Oil Week in Cape Town in November 2019, comprises twelve (12) blocks on offer in

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Norway awards 69 oil and gas exploration blocks

January 14, 2020
| Archives

The Norwegian government has awarded 28 oil and gas companies a total of 69 offshore blocks to explore for petroleum in mature areas of its continental shelf, the Norwegian Petroleum Directorate said on Tuesday. Shell, ConocoPhillips, Total and Equinor won blocks, as did DNO, Aker BP, Lundin Petroleum and Eni’s Vaar Energi. Private equity backed companies Chrysaor

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Maersk Drilling selected by Total to drill at world record water depth in Angola-Namibia campaign

January 14, 2020
| Archives

Based on the Conditional Letter of Award previously announced in connection with Maersk Drilling’s Q3 2019 Trading Statement, Maersk Drilling has been awarded contracts for a three-well exploration drilling project by Total E&P Angola Block 32, Block 48 and Total E and P Namibia B.V. for the 7th generation drillship Maersk Voyager. Maersk Voyager will be employed

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Popular News – Top 5 from this past week

January 13, 2020
| Weekly Rundown

This past week we had 9.5k page views and the top 5 grabbed up 4.9k of them, below are our top 5 articles for the week of Jan 5 – 11! #1 with 1,847 views Occidental Petroleum slashing jobs ‘significantly’ in cost-cutting move #2 with 980 views Apache Corp to close San Antonio office, cut 272 jobs #3 with 921 views Transocean Ltd.

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