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ARO Drilling announce 3 year contract for jack up V-141

September 3, 2022
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ARO Drilling recently announced via social media that Saudi Aramco has awarded them with a three-year contract for Rig V-141 with a commencement date of August 9, 2022. This award is a result of our long track record of successfully delivering safe and efficient operations and our commitment to the growth of Saudi Arabia's energy sector. Soucre: ARO Drilling Join

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Shell and Total Namibia oil discoveries likely in billions of barrels

September 2, 2022
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Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrells, the southern African nation’s mines and energy minister said on Friday. Both companies announced earlier this year that they had made “significant” discoveries offshore Namibia, and are currently making assessments. The companies did not detail the quantities found but

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Kotug closes on Seaways acquisition

September 2, 2022
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Dutch marine services and towage firm KOTUG has closed the acquisition of Seaways, first announced in April. The fee was not disclosed. "The acquisition of Seaways brings together the assets, expertise and people of two leading companies that support the worldwide floating facility business such as FSO, FPSO, FLNG, FSRU and SPM Terminals. With all customary, governmental, and

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Allseas awarded major decommissioning contract in the North Sea

September 2, 2022
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Allseas has been awarded a major decommissioning contract by TAQA UK for the removal and disposal of multiple Northern North Sea (NNS) facilities. Aberdeen-based TAQA manages the UK North Sea exploration and production portfolio for UAE-headquartered utilities and energy group Abu Dhabi National Energy Company (TAQA). The engineering, preparation, removal, and disposal (EPRD) contract comprises TAQA’s Eider Alpha, Tern Alpha, North Cormorant and Cormorant Alpha platforms. The combined weight of the topsides and jackets to be removed is around 114,000 tonnes,

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Eni announce 2.5 billion bbl discovery offshore Ivory Coast

September 2, 2022
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Eni has encountered oil with its Baleine East 1X well, the first exploration well in block CI-802 and second discovery on the Baleine structure offshore Côte d’Ivoire. The results have prompted a 25% increase in the oil and gas volumes in place, which are now estimated at 2.5 billion bbl of oil and 3.3 Tcf of associated

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Ocean Apex contracted to Inpex for two wells offshore Australia

September 1, 2022
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Diamond Offshore Drilling, Inc. announced that Inpex Operations Australia Pty Ltd has entered into a contract to utilize the Ocean Apex for work on the Northwest Shelf of Australia. The new contract covers two wells and is expected to commence in the fourth quarter of 2023 in direct continuation of the rig’s prior contract, and combined with

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Diamond finds more work for Aquadrill’s Vela

September 1, 2022
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Diamond Offshore announced it has entered into a contract with BOE Exploration & Production LLC for the Diamond-managed drillship Vela for work in the U.S. Gulf of Mexico. The Vela was awarded a contract with a minimum duration of 225 days for a total value of approximately $88 million. The contract also includes options for up to

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Seadrill sells 7 jackups to ADES for $628 million

September 1, 2022
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Seadrill Limited has entered into a binding Share Purchase Agreement (“SPA”) with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities that own and operate seven jack-ups in the Kingdom of Saudi Arabia. Upon completion of the Jack-up Sale, the AOD I, AOD II, AOD III, West Callisto, West Ariel, West Cressida, and West Leda will be

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UK CMA accepts Noble, Maersk plan to sell off 5 rigs

September 1, 2022
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Noble Corporation and Maersk Drilling provided a further update on the merger control process for their proposed business combination announced on 10 November 2021 (the "Business Combination"), as the UK Competition and Markets Authority (the "CMA") has today published its decision not to refer the Business Combination for further in-depth Phase 2 review and has completed its

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Valaris 122 extended for 500 days with Shell UK

September 1, 2022
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Valaris Limited announced a four-well contract extension with a duration in the region of 500 days with Shell in the UK North Sea for heavy duty harsh environment jackup VALARIS 122. The contract extension will be in direct continuation of the existing firm program and has a contract value of over $60 million. Source: Valaris Join our mailing list

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