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

Archives

Chevron plans to cut 25% of workforce in Nigeria

October 5, 2020
| Archives

Nigeria’s Chevron unit said it plans to cut 25% of its workforce to become more efficient and reduce operating costs, the latest sign demand for global oil is wobbling under coronavirus and new restrictions to contain it. “The aim is to have a business that is competitive and an appropriately-sized organization,” according to a company statement. “We

Read More...

Kanuni (Ex-Sertao) drillship set for joining the Fatih in the Sakarya field

October 5, 2020
| Archives

Turkey plans to deploy a second drilling ship in the Black Sea early next year following the biggest-ever natural-gas discovery there. The vessel, named Kanuni, will join another ship seeking further oil and gas fields, Energy Minister Fatih Donmez said in an interview with the state news agency Anadolu. In August, Turkey President Recep Tayyip Erdogan announced the discovery of

Read More...

Perisai Pacific 101 sold to Icon offshore for $41.8 million

October 5, 2020
| Archives

On behalf of the Board of Directors of Icon (“Board”), KAF Investment Bank Berhad (“KAF IB”) wishes to announce that Icon’s wholly-owned subsidiary, Icon Fleet, had on 2 October 2020, and entered into the following agreements and deed: memorandum of agreement with PP101 (as seller), OCBC Labuan and a branch of OCBC Singapore (acting as attorney of PP101)

Read More...

No license, no work says Nigeria for vessels operating in it’s coastal and inland waters

October 5, 2020
| Archives

Nigeria plans to bar vessels without a valid license to operate in Nigerian waters and has given shipping companies that trade in its coastal and inland waters three months to register, the maritime regulator said on Sunday. The Nigerian Maritime Administration and Safety Agency (NIMASA) said it will notify international oil companies to bar vessels without valid certificates

Read More...

FREE for HR and FREE for Candidates

October 3, 2020
| Archives

The Job Foundry was create to be a resource for many industries but we focus on oil and gas! We have over 3,600 members that enjoy the free tools, community, chat and much more on Google and Bing's #1 Largest Mobile Energy Network Download the app, create a free individual account and start posting jobs and load up CV's, all

Read More...

Equinor cancels rig tender for Santos Basin

October 2, 2020
| Archives

Equinor canceled on Wednesday the tender for chartering a 3,000 m water depth drill rig for the Bacalhau development wells campaign in the Santos Basin surprises market. The oil company had already received the bidding proposals and, according to PetróleoHoje sources, had exclusive and advanced negotiations with Seadrill. Source: BEI

Read More...

Fort Worth’s Lonestar Resources files for bankruptcy

October 2, 2020
| Archives

Lonestar Resources US Inc filed for Chapter 11 bankruptcy protection on Thursday, joining a clutch of shale companies that have succumbed to weak crude prices as COVID-19 pandemic crimps fuel demand. Lonestar, which operates in Texas’ Eagle Ford basin and produced roughly 14,000 barrels of oil equivalent per day, had a total debt of $546.3 million as of

Read More...

Equinor to cut exploration staff by 30%

October 2, 2020
| Archives

Norwegian oil and gas firm Equinor plans to cut its exploration staff by about 30% globally by 2023 to reduce costs as the COVID-19 pandemic reduces demand for petroleum, the company said on Friday. Equinor said it wanted to focus on selected areas when searching for new oil and gas resources, including Norway, Brazil and the United States,

Read More...