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Valaris’s JV ARO awarded 6 jackup contract extensions

January 5, 2022
| Archives

Valaris Limited announced that it has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed contracts with Aramco for the same periods as the bareboat charter agreements. Heavy-duty harsh environment jackup VALARIS 250, heavy-duty modern jackup VALARIS 116 and standard-duty modern jackups VALARIS 143 and 146 will each commence three-year extensions

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Aker BP granted production license offshore Norway

January 3, 2022
| Archives

The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for wells 25/2-23 S, 25/2-23 A and 25/2-23 B in production licence PL 873. The wells will be drilled by the Deepsea Nordkapp semi-sub. Read more on the NPD's FactPages: Well 25/2-23 S Well 25/2-23 A Well 25/2-23 B Source: NPD Join our mailing list here

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Equinor granted new exploration license in North Sea

January 3, 2022
| Archives

The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in Block 34/4 in the North Sea. Well 34/4-17 S will be drilled from the Deepsea Stavanger drilling facility at position 61° 34' 45.52" N 02° 09' 51.92" E in production license PL 057 and will test the Statfjord kile exploration prospect. Water depth is 360 meters. Source: PSA Join our mailing list here

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Rig Lynx Weekly Rundown – Ventura bags two rig contracts with Petrobras

January 3, 2022
| Weekly Rundown

Ventura bags two rig contracts with Petrobras Ventura (Petroserv) will secure two new charter contracts with Petrobras in January. The oil company decided to hire the semi-submersible Victoria and the drillship Carolina, offered in the tender for 2,400 m. Read More Odfjell takes over management of Northern Ocean semis Odfjell Drilling and NOL announced that Odfjell will provide marketing and management

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A look back at our top 10 articles for 2021

January 3, 2022
| Archives

A look back at the top 10 articles of 2021 It seems like every year starts off as difficult here recently, with Covid still hanging around and ABCDEFG variants coming along, it is putting pressure on many areas that came out of lockdown seem to be struggling to keep from replaying 2020 all over again and going back

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Guyana readies for oil boom as they vote in wealth fund and local content ruling

December 31, 2021
| Archives

Guyana's parliament on Wednesday approved local content rules for oil producers and a sovereign wealth fund to oversee the South American nation's earnings from a budding oil bonanza. International oil producers have discovered 10 billion barrels of oil and gas that promise to transform Guyana's agricultural and mining economy into an oil powerhouse providing billions of dollars to

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Chevron sells Midland assets to FireBird Energy

December 31, 2021
| Archives

FireBird Energy LLC announced that it has completed an acquisition of operated assets located in the Midland Basin from Chevron U.S.A. Inc. and Chevron Midcontinent, L.P.  The Acquisition closed December 30, 2021 with an effective date of December 1, 2021. Highlights of the acquired asset base and operations include: Significant PDP contribution from acquired assets Bolt-on of ~21,000 leasehold acres Low operating cost, oil-weighted, high-margin asset with operating

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Shelf lands extensions with Chevron for two jackups offshore Thailand

December 30, 2021
| Archives

Shelf Drilling, Ltd. announced that it has secured contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs with Chevron Thailand Exploration and Production, Ltd. (“Chevron”) for operations in the Gulf of Thailand. The extensions are in direct continuation of the planned out of service projects at the end of each rig’s current contract

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Odfjell takes over management of Northern Ocean semis

December 30, 2021
| Archives

Odfjell Drilling is pleased to inform that we are in agreement with NOL to provide marketing and management services for Mira and Bollsta as further described in their stock exchange notice. Odfjell Drilling is privileged to be chosen for our strong operational track record and marketing excellence in securing work. We further view the cooperation with NOL as

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