+1(833) 396-4204 info@riglynx.com
Menu

Author: Admin

Noble Corp and Maersk Drilling will merge in a $3.4 billion deal

November 11, 2021
| Archives

Denmark’s Maersk Drilling and U.S. rival Noble Corp will merge in a $3.4 billion deal to form one of the world’s largest offshore oil drilling rig companies, they said on Wednesday. The combined company is expected to reap annual cost savings of $125 million and it will take Noble Corporation’s name and be headquartered in Houston, Texas, with

Read More...

Shell committed to explore hydrocarbons in Africa

November 11, 2021
| Archives

Royal Dutch Shell is currently committed to exploring in Africa for hydrocarbons and doing so fits the company's purpose, its exploration manager for deepwater Africa Benjamin Mee said on Wednesday at an industry event. More than 80% of Shell's exploration will be focused on core positions with an emphasis on deepwater and the company plans to spend about $1.5

Read More...

Equinor plans $8.8 bln development of world’s northernmost oilfield

November 11, 2021
| Archives

Norway's Equinor said it plans to invest up to 75 billion Norwegian crowns ($8.80 billion) to develop the Wisting petroleum discovery, set to become the world's northernmost oilfield. Located in the Arctic Barents Sea and containing close to 500 million barrels of oil equivalent, the Wisting development is subject to a final investment decision by Equinor and its partners

Read More...

Aker BP makes oil discovery south of the Boyla field in the North Sea

November 9, 2021
| Archives

Aker BP, operator of production license PL 1041, has concluded the drilling of wildcat well 24/12-7. The well was drilled about 17 kms southwest of the Bøyla field in the North Sea, and 230 kms west of Stavanger. The primary exploration target for the well was to prove petroleum in reservoir rocks from the Palaeocene in the Hermod Formation. The secondary

Read More...

Exxon finds oil in Titan block of Santos Basin

November 9, 2021
| Archives

ExxonMobil notified the National Petroleum Agency (ANP) of the discovery of traces of oil in the pioneer well 1-EMEB-2-RJS (Titã-1), in the Titan block in the Santos Basin. The milestone was reached approximately three months after the start of drilling at the site, which is being carried out by the West Saturn drillship, chartered by Seadril. The

Read More...

Ocean BlackLion renews for 2 more years with BP in the GOM

November 9, 2021
| Archives

Diamond issued a fleet update earlier this month and it showed that BP has exercised the two-year option on its contract for the ultra-deepwater drillship Ocean BlackLion for further operations in the US Gulf of Mexico. Diamond has also secured further work for its semisub Ocean Apex offshore Australia with BHP. Source: Diamond Drilling Join our mailing list here

Read More...

KCA Deutag grabs up to $185 million in drilling contracts

November 9, 2021
| Archives

Global drilling, engineering and technology provider, KCA Deutag, has been awarded contracts worth almost $185m from leading exploration and production companies across key markets in the Middle East region. Multiple rig extensions have been confirmed in Saudi Arabia, representing 13 years’ work across three rigs, and in Oman, one-year contract extensions have been awarded for two heavy

Read More...

Rig Lynx Weekly Rundown – Noble closes four jackup deal with ADES

November 9, 2021
| Weekly Rundown

Noble closes four jackup deal with ADES Noble Corporation announced it has completed the sale of four jackup rigs to a subsidiary of ADES International Holding Ltd. ("ADES"). The Company expects to generate approximately $285 million in cash from the transaction net of fees, expenses, and the settlement of working capital. Read More   New contracts and extensions for Noble in

Read More...

Rig Lynx Monthly Rundown – October Top 5

November 9, 2021
| Monthly Rundown

Here are our top 5 articles for October! It was Dolphin, Seadrill, Island, Saudi Arabia, and Constellation this month... Thanks for reading with us and we wish you a great November! Stay safe! Dolphin Drilling picks up marketing rights for stranded Awilco rigs Dolphin Drilling are pleased to announce an important step forward in securing the future of the company. In collaboration with

Read More...

144 rigs put back to work internationally since October 2020

November 5, 2021
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for October is 800, up 13 units from the count in September and up 144 units from the 656 counted in October 2020. Latin America is up 12 units to a total of 152 from the September count of 140 units and up 66 units year-over-year. The Asia-Pacific region is

Read More...