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Petrofac awarded well management services contract by Dana

October 11, 2022
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Petrofac, a leading provider of services to the global energy industry, has been selected by Dana Petroleum to provide well management services for all its UK North Sea operated assets. These include both the Triton FPSO and the Western Isles FPSO (Floating Production Storage and Offloading) vessels in the North Sea. The new two-year contract, with options for extension, continues the existing five-year relationship, providing outsourced

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Shelf Drilling awarded a 5-year contract for the recently acquired Shelf Drilling Victory

October 11, 2022
| Archives

Shelf Drilling Ltd. has secured a five-year contract for the recently acquired premium jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf. The contract value for the firm period, including mobilization revenue, is approximately USD 236 million. The contract also includes a two-year option, and the planned start-up of operations is late-March 2023. Prior to commencing the

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TotalEnergies set to explore in Lebanese waters, says energy minister

October 11, 2022
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Lebanese caretaker energy minister Walid Fayyad said that French gas giant TotalEnergies will begin the process of exploring for gas in Lebanese waters as soon as a maritime border deal with Israel is concluded. Fayyad made the comments after meeting a senior TotalEnergies delegation in Beirut. Source: Reuters Join our mailing list here

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India offers 42 blocks in latest auction

October 11, 2022
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India is offering 26 oil and gas blocks and 16 coal bed methane blocks in its latest exploration licensing round, according to the country’s upstream regulator, as the world’s third largest oil consumer seeks to boost local output. “There is an unprecedented interest in Indian exploration and production by global oil companies,” oil minister Hardeep Singh Puri tweeted

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Shelf Drilling awarded two year extension for Noble Sam Turner

October 9, 2022
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Shelf Drilling has announced that its subsidiary, Shelf Drilling (North Sea), has secured a two-year contract extension for the Noble Sam Turner jack-up rig in direct continuation of its current contract in Denmark by way of a priced option exercise by the customer. The contract value of the extension is approx. USD 68 million, and the expected availability of the rig

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Energean announces discovery offshore Israel, exercises more work for Stena IceMax

October 9, 2022
| Archives

Energean has announced that the Hermes exploration well has made a commercial gas discovery of between 7 and 15 bcm and that the Stena IceMax drilling rig has moved to Block 12 to drill the Zeus structure. Hermes well results The Hermes exploration well, Block 31, offshore Israel, has made a commercial discovery. Preliminary estimates indicate that the structure contains 7 - 15 bcm of recoverable natural gas resources. Detailed analysis of the data collected

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Solstad awarded one year contract with Trident Energy

October 5, 2022
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Solstad Offshore has announced that PSV Normand Titus has been fixed to Trident Energy do Brasil Ltda for one year firm plus one year option. The contract commences early fourth quarter 2022 and the vessel will support Trident Energy’s activities in Brazilian waters. Source: Solstad Join our mailing list here

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PV Drilling awarded contract with Valeura Energy

October 5, 2022
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Valeura Energy, the upstream oil and gas company with assets offshore Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023. The PV Drilling I rig is expected to mobilise to the Wassana oil field in mid Q2

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Valaris issues update, additional $95 million in backlog

October 5, 2022
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Valaris has announced new contracts and contract extensions, with associated contract backlog of $95 million, awarded subsequent to issuing the Company’s most recent contract awards and fleet status update on September 1, 2022. Contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements. Option exercised by TotalEnergies EP Brasil offshore Brazil for drillship VALARIS DS-15. The option has an estimated

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Petrobras awards Sembcorp with FPSO P-82 construction

October 5, 2022
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Petrobras has signed a contract with Sembcorp Marine for the construction of the P-82 FPSO for the development of the Búzios field, in the pre-salt layer of the Santos Basin. Of the FPSO type (floating oil production, storage and transfer system), the unit will be one of the largest operating in the world oil and gas industry, with a capacity to produce up to

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