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Prosafe to put two newbuilds to work in brazil

May 21, 2022
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As part of entering into a Global Agreement (Deed) with COSCO Shipping (Qidong) Offshore Co. Ltd which forms part of the recently completed financial restructuring, Prosafe and Cosco have agreed extended delivery flexibility relating to the Safe Nova and Safe Vega under the agreement entered into and announced in August 2018. It remains the intention that Prosafe will take the vessels to the market once contract opportunities materialise with the Brazil

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Odfjell Technology lands 3 year wellbore cleanup deal with Petronas

May 21, 2022
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Odfjell Technology, an offshore operations, well services technology and engineering solutions supplier, has been awarded a three - year contract with Petronas through their local agent Time Marine Services, to provide all required tools, chemicals and services for the company’s wellbore cleanup operations in east Malaysia. The agreement, awarded by Petronas subsidiary Petronas Carigali Sdn Bhd, follows Odfjell Technology’s successful

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Shelf lands 3 year jackup deal with ONGC

May 21, 2022
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Shelf Drilling has received an award for a three-year contract for the F.G. McClintock jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. The planned start-up of operations is Q1 2023. Source: Shelf Join our mailing list here

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Exxon sells off Barnett assets for $750 million

May 21, 2022
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ExxonMobil has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices. Source: Exxon Join our mailing list here

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Odfjell’s Deepsea Stavanger extends work with Equinor

May 19, 2022
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Equinor has exercised further work for the Deepsea Stavanger under the continued optionality mechanism provided for in the contract entered into by the parties in May 2021. Following this addition the Deepsea Stavanger now has six (6) remaining wells to be drilled which are expected to occupy the rig into Q1 2023.   Equinor has the opportunity to exercise

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Ocyan books more work with Petrobras

May 19, 2022
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According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that the Ocyan drillship ODN II has received a new charter from Petrobras. The work scope covers projects in the Equatorial Margin off the Brazilian coast. Operations are set to begin in the fourth quarter of 2022. The 2012-built rig is currently

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West Hercules to be managed by Odfjell Drilling

May 19, 2022
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Odfjell Drilling announced they would provide marketing and management services for the harsh environment semisubmersible drilling rig West Hercules. The agreement is based on terms and conditions customary for this type of agreements. Odfjell Drilling is privileged to once again be chosen for our strong operational track record and marketing excellence in securing work. We further view the cooperation

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Maersk publishes fleet status update with a backlog of $2.1 billion

May 19, 2022
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Commercial activity in Q1 2022: Maersk Integrator: Maersk Drilling and Aker BP have entered into a rig swap agreement whereby the jack-up rig Maersk Reacher is to be replaced by the low-emission jack-up rig Maersk Integrator offshore Norway end-February/early March 2022. Maersk Integrator will be prepared for well intervention and stimulation activities at the Valhall and Hod

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Borr lands 4 year contract for the Saga

May 19, 2022
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Borr Drilling Limited announced it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Saga” from an undisclosed operator in Southeast Asia. The program is expected to commence in Q4 2022, in direct continuation of the current contract, for a duration of four years plus options. Source: Borr Drilling Join our mailing list here

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