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Weekly Rundown – Top 5 Posts of the Week

March 9, 2019
| Weekly Rundown

In case you missed them from last week, here are your top 5 most viewed articles. In the #1 spot is something that deepwater has been waiting on for some time, rates changing, we will see, we are still very skeptical at this point but here is to hoping the market continues to recover here. Just behind that

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Awilco and Keppel Fels exercise HE Semi newbuild agreement

March 8, 2019
| Archives

AWILCO Drilling Plc has confirmed a US$425 million contract award to Keppel Offshore & Marine (O&M) for the construction of a mid-water, harsh-environment semi-submersible drilling rig. The contract awarded to the offshore and marine arm of Keppel Corporation called upon the yard group to complete the rig construction in the first quarter of 2021. Keppel O&M has also extended

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Rig Lynx founder Greg Williams to speak at Houston’s Nomads International March dinner meeting

March 8, 2019
| Archives

  The National Oil-Equipment Manufacturers and Delegates Society (Nomads International) will be hosting their monthly dinner meeting at the H.E.S.S. Club in Houston, Texas. Greg Williams, Author of Our Horizon In The Moment and founder of Rig Lynx, will be presenting “The Power of Social Mediaâ€. To register for the event please visit: https://nomads-international.com/ NOMADS works with other major oil and

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Tungsten Explorer gearing up for Dana Gas prospect in Egypt

March 8, 2019
| Archives

ADES International Holding PLC (“ADES†or the “Companyâ€), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has entered, through its subsidiary ADES S.A.E., into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin. The

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Photo Share: LUN-A Platform

March 8, 2019
| Archives

Name: LUN- A Location: 15 km off the north eastern coast of Sakhalin Island Company: Sakhalin Energy Platform statistics: The Lun-A platform is designed for year-round operation in harsh climatic conditions and is built to withstand rough seas, ice and high seismic activity.Located 15 km off the north eastern coast of Sakhalin Island, in a water depth of 48 m.The

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Colorado SB19-181 passes and directly threatens jobs, state revenue and education funding

March 8, 2019
| Archives

API: The Colorado State Senate Transportation & Energy Committee passed SB19-181 on a party-line vote. The bill would at the very least hinder, if not prohibit energy development in Colorado, directly threatening hundreds of thousands of jobs, billions of dollars of state revenue, and hundreds of millions in education funding. Further, the Democratic Senate and House leadership

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$617 Million Dispute in Congo Oil Deal

March 7, 2019
| Archives

Bloomberg: An international court ordered the Democratic Republic of Congo to pay DIG Oil Ltd. of South Africa $617 million for failing to honor two oil contracts, weeks before outgoing President Joseph Kabila finally approved one of the deals. The previously undisclosed ruling is the latest twist in an 11-year dispute over concessions in the central African nation,

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1 new LOI and 4 more brewing for Borr Drilling

March 6, 2019
| Archives

Borr Drilling just released its fleet update status here and it reveals a new LOI for the 2014 F&G JU-2000E the Prospector 5. Looks like the duration is for 120 days, the client and location is undisclosed at this time but they also had this to share about a few other rigs: Grid and Gersemi: • Advanced Negotiations:

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Exxon and Chevron just announced big plans for the Permian

March 6, 2019
| Archives

CNBC: Exxon Mobil and Chevron on Tuesday said they both plan to surge oil and natural gas output from America’s top shale field in the coming years, a strategy that the energy giants say will yield significant returns. As early as 2024, Exxon believes it can increase output from the Permian Basin to 1 million barrels per day

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