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Maersk awarded contract extension for the Interceptor

August 15, 2022
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TotalEnergies EP Denmark A/S has exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea. The contract extension will commence in November 2022, in direct continuation of the rig’s current contract. Two two-month options remain on the contract. Source: Maersk Join our mailing list here

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Saipem awarded $900 million in EPC contracts

August 11, 2022
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Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement and Construction (EPC) activities relevant to the Quiluma & Maboqueiro fields development project off

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Diamond bags multiple floater contracts

August 11, 2022
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Diamond Offshore announced contract awards for the harsh environment semisubmersible Ocean GreatWhite in the U.K. North Sea, the semisubmersible Ocean Apex in Australia, and two 7 th generation drillships - the Ocean BlackHornet and a Diamond-managed rig - in the U.S. Gulf of Mexico. These new contracts added approximately $610 million of backlog for the Company. The

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Borr Drilling heads to NYSE

August 11, 2022
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Borr Drilling Limited announced that it plans to make a public offering of $250,000,000 of its common shares in the United States. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to $25,000,000 of additional common shares.  No securities in the NYSE offering will be offered or listed on

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Noble awarded $420k per day contract from LLOG in GOM

August 11, 2022
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Noble announced their 2nd quarter results and their floater fleet was 100% contracted in the second quarter. The Noble Faye Kozack was awarded a one-well contract with LLOG for work in the U.S. Gulf of Mexico at a rate of $420,000 per day. The contract includes managed pressure drilling services and is expected to commence in late 2022 or

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ADNOC awarded 8 rig contract, over 15 year duration

August 8, 2022
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ADNOC announced two contracts totaling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 jack-up offshore rigs. The contracts, valued at $1.5 billion (AED 5.6 billion) and $1.9 billion (AED 7 billion) respectively, awarded by ADNOC Offshore, will support the expansion of ADNOC’s crude oil production capacity to five million barrels

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Borr awarded work for the Prospector 5

August 8, 2022
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Borr Drilling announced it has received a binding Letter of Intent (“LOI”) for the premium jack-up drilling rig “Prospector 5” from an undisclosed operator in West Africa. The 6-well firm program is expected to commence during Q4 2022 and has an estimated duration of fourteen months plus options. This LOI, which is expected to be converted into a

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TechnipFMC awarded major EP&C contract offshore Guyana

August 4, 2022
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TechnipFMC has been awarded a significant (1) contract by ExxonMobil affiliate, Esso Exploration and Production Guyana, for the Gas to Energy Project in Guyana. Subject to final project sanction, TechnipFMC will provide engineering, procurement, construction and installation of subsea risers and pipelines. The project will connect the production from Liza Destiny and Unity back to shore, delivering associated gas from the field to a gas-fired

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Shell awards Bilfinger multi-million dollar maintenance contract offshore GOM

August 4, 2022
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Bilfinger has been awarded a multi-million dollar annual contract for the routine mechanical maintenance scope for Shell's oil and gas platforms in the Gulf of Mexico (GOM). The industrial services provider will be responsible for all routine maintenance services and fabrication across Shell’s Deepwater GOM fleet for a minimum of three years, with the option to extend for a

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Saipem awarded over $300 million E&C contract of the cost of Italy

August 4, 2022
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Saipem has been awarded an offshore E&C contract by Enimed, a subsidiary of Eni, for the Transportation and Installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea fields to the Sicilian coast (Italy), worth approx. 300 million Euro. With a length of 60 km and a maximum water depth of 660 mt, the 14” gas pipeline will be

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