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Archives

20% of shut-in Canadian production is being restored

July 8, 2020
| Archives

At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Cenovus Energy Inc., Husky Energy Inc. and Baytex Energy Corp. are among companies that have resumed shut-in production as prices rise above $40 a barrel.

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Equinor issues LOI to Odfjell Drilling for 12 firm wells

July 7, 2020
| Archives

The contract is set to commence in Q1 2022 with a duration of twelve (12) firm wells plus five (5) optional wells. The approximate contract value for the firm scope is up to USD 150 million (excluding any integrated services, modifications/upgrades and mobilisation/demobilisation fees). In addition, a notable performance incentive rate will apply when wells are delivered

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Saipem lands a contract with Petrobras for an estimated value of $325 million USD

July 6, 2020
| Archives

Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project, in water depths from 1537 to 2190 meters, offshore the state of Rio de Janeiro. The Búzios-5 overall production system foresees the interconnection of 15 wells to the FPSO in two phases. The project awarded to Saipem

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Neptune Energy confirms hydrocarbon discovery at Dugong

July 6, 2020
| Archives

Neptune Energy and its partners announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.  Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring. The operations in the reservoir section are still at an early stage and final results are

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BW Offshore FPSO attacked by pirates off Nigeria, nine workers kidnapped

July 6, 2020
| Archives

BW Offshore has announced that FPSO Sendje Berge was attacked by pirates around 4:20am local time July 2 offshore Nigeria. The pirates kidnapped nine Nigerian national workers before leaving the vessel. BW said that none of the remaining workers onboard have suffered physical injuries. “BW Offshore is cooperating with local authorities, represented on site by the Nigerian Navy,” the company said

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Winner Most Active User Contest Week 27

July 6, 2020
| Archives

Each week we give away a cool $100 bucks! Congrats to Prem for getting in there and getting that $100 bucks! He generated over 15k clicks!! Rules are pretty simple, you can find out more by following the link below: Most Active User Week 28

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Most Active User Week 28

July 4, 2020
| Archives

Most Active User Contest We give away $100 bucks each week! We want to see you using the app, getting active on the newsfeed, sharing the app with your friends by using the invite option, bringing new people along, get some great content on there, and have some friendly competition whether it be by video, photo or text We want

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Update – Most Active User Contest Week 27

July 3, 2020
| Archives

Here is a quick update for our "Top 10" users for this weeks contest! India is currently in the lead! Prem Upadhyay / HSE Advisor / India Roberto Costa / Mechanic / Brazil Carolyn Ho / Ops Manager / Singapore Sean Johnson / Mechanical Technician / United Kingdom Shayban Boda / Student / India Lee Cooper / Account Manager / United States John Paul O'Donnell / Chief Mechanic / United Kingdom Ashley

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COSL signs rig letter of intent for COSLInnovator

July 3, 2020
| Archives

COSL Drilling Europe is now rewarded for investing in keeping the COSLInnovator in operational condition (ready to drill). Early next year the rig will again commence operation in the North Sea drilling 2-3 wells for a un-named rig operator.   This is a very pleasant and well-deserved summer greeting to our organization and all employees for the effort

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Transocean lands 17 month contract with LLOG with estimated value of $250 million

July 3, 2020
| Archives

Contract with Transocean in agreement for drilling and completion services on the Shenandoah project Further as stated in Section 5.2.8 of the Partnership Periodic Report for 2019, as published on March 29, 2020 (Reference No: 027949-01-2020) (hereinafter: "Periodic Report") Shenandoah Oil Below: "The Operator" and "The Project", respectively updated that on June 30, 2020, an agreement was signed for drilling

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Rig Lynx is a next-gen consultancy and tech partner built at the crossroads of energy operations, AI integration, and digital engagement. With nearly 30 years of experience across global offshore campaigns—Rig Lynx merges frontline expertise with modern tech to drive safety, performance, and strategy.

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