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Author: Admin

Solstad awarded 2 year contract for the Valiant

February 15, 2022
| Archives

Solstad Offshore has announced a contract award for the CSV Normand Valiant with PETROBRAS. The charter is 2 years firm with possibility of 2 years extension. Commencement of the contract will take place in 2Q 2022. The contract has a gross value of approx. NOK 350 million, including additional services. Normand Valiant will provide accommodation services to support production activities in the Brazilian

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NPD issues new drilling permits for Equinor and Neptune Energy

February 15, 2022
| Archives

The Norwegian Petroleum Directorate (NPD) has granted drilling permits to Equinor and Neptune Energy for three new wells. The NPD has granted Equinor a drilling permit for well 34/4-18 S and 35/10-8 S and Neptune Energy has been granted a drilling permit for well 35/9-16. Source: NPD Join our mailing list here

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Transocean updates on the Deepwater Titan

February 15, 2022
| Archives

Transocean recently announced that the drydocking for the 8th generation Deepwater Titan has been completed in Singapore at the Sembcorp facilities. It will soon be heading into its next phase moving out to sea. The Deepwater Titan and the Deepwater Atlas are currently the only two 8th generation vessels under construction and will be the only ones on

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Baker Hughes cuts ribbon on supercenter in Guyana

February 15, 2022
| Archives

Baker Hughes has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and equipment. The supercenter, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America. Baker Hughes has a strong history of localization in Guyana. The company currently provides drilling

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Rig Lynx Weekly Rundown – Shell to use Enhanced Drilling’s Closed Riser CML services in deepwater GOM

February 14, 2022
| Weekly Rundown

39 year old semi Olinda Star awarded 16 month contract Constellation secured a new charter contract for the 39-year-old semi the Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. Read More Aban sells Deep Driller 1 to ADES for $12

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ConocoPhillips considering Permian asset sale worth more than USD $1 billion

February 14, 2022
| Archives

ConocoPhillips, one of North America’s largest energy explorers, is considering a sale of operations worth more than $1 billion in the Permian Basin, according to people with knowledge of the matter. The company is working with an adviser to run an auction process for the assets, said the people, who asked not to be identified because they weren’t

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Transocean publishes fleet status report with a backlog of USD$6.5 billion

February 14, 2022
| Archives

Transocean Ltd. issued a quarterly Fleet Status Report that provides the status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Deepwater Conqueror – Awarded a one-well contract extension in the U.S. Gulf of Mexico at $335,000 per day. Deepwater Asgard – Awarded a two-well contract in the U.S. Gulf of Mexico at $395,000 per day. Deepwater Invictus – Awarded a one-well contract extension

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Icon Offshore lands new work with ConocoPhillips

February 14, 2022
| Archives

Offshore support outfit Icon Offshore Bhd has secured a US$9.6 million (RM40.22 million) order from ConocoPhillips Sarawak Ltd and Conocophillips Sarawak Oil Ltd (collectively ConocoPhillips Sarawak) to supply a jack-up drilling rig. In a filing on Friday (Feb 11), Icon said its subsidiary I Oilfield Services Sdn Bhd (IOSSB) (formerly known as Perisai Offshore Sdn Bhd) had been

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North America Rig Count: U.S. adds 22 and Canada adds 1

February 11, 2022
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +22 to 635 rigs U.S. Rig Count is up 22 from last week to 635 with oil rigs up 19 to 516, gas up 2 to 118, and miscellaneous rigs up 1 to 1. U.S. Rig Count is up 238 rigs from last year's count of 397 with oil rigs up 210 gas rigs

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Stena awarded contract for the Spey

February 11, 2022
| Archives

Stena Drilling are pleased to announce that we have signed a new contract with TotalEnergies for Mobile Offshore Drilling Unit (MODU) Stena Spey. The Operations for StenaSpey in the UKCS are due to commence between 16th March 2022 and 15th April 2022, with an estimated total scope duration of 120 days. Stena Drilling are delighted to secure work with

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