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Noble grabs two contract extensions in their latest fleet status update

September 13, 2019
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Noble issued their most recent fleet status update with new additions: In the middle east the Noble Mick O’Brien – Contract extension, which pushes it out until late-October 2019 and extending to late-March 2020. Over in Australia the Noble Tom Prosser – Five of six option wells exercised, extending the contract to August 2020. Pictured: Noble Sam Hartley Full update

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Exploring the planet through to 2050 may include new Chinese drillship

September 13, 2019
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China may have a new drill ship ready to sail by the early 2020s. Its geological survey is building a vessel that is supposed to focus on searching for gas hydrates close to the Chinese coast, but that ship could also be sent on international research expeditions. Representatives from the Chinese ocean-drilling community are expected to discuss

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End of an era: ExxonMobil set to make its exit from Norway

September 6, 2019
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Oil major Exxon Mobil Corp. has agreed to sell its Norwegian oil and gas assets for up to $4 billion, Reuters reported citing sources familiar with the matter. The deal would mark the company’s exit from production in Norway after more than a century. In June, the company had said that it was looking to sell its Norwegian upstream

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Northern plugs the jackup Energy Emerger into a 4 year deal offshore Abu Dhabi

September 5, 2019
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Northern Offshore Drilling Operations, Ltd., a wholly owned subsidiary of Northern Offshore, Ltd., is pleased to announce a firm Letter of Award (“LOAâ€) for the high-specification jack-up drilling unit “Energy Emerger†for work offshore Abu Dhabi in the United Arab Emirates. The term of the award is for four (4) years. The Energy Emerger is a GustoMSC

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Velesto land two well deal with Petronas for the Naga 7

September 5, 2019
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The Board of Directors of Velesto Energy Berhad is pleased to announce that Velesto Drilling Sdn. Bhd. has received a Letter of Award from PETRONAS Carigali Sdn. Bhd. (“PCSBâ€), for the Provision of Jack Up Drilling Rig “NAGA 7â€. The Contract is for the provision of Drilling Rig Services for PCSB’s drilling programm, whereby VEB Group will

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Transocean announces the retirement of the original dual activity drillships

September 4, 2019
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  Transocean Ltd. has announced that it intends to retire in an environmentally responsible way, the following three ultra-deepwater floaters: Discoverer Enterprise, Discoverer Spirit, and Discoverer Deep Seas. These rigs are classified as held for sale. As a result of the Company's decision on August 27, 2019, to authorize retirement of these three rigs and associated equipment, the Company expects its third quarter

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Sonadrill Joint Venture Awarded 9 Well Contract

September 4, 2019
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Sonadrill Holding Ltd (“Sonadrillâ€), Seadrill Limited’s (“Seadrillâ€) 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangolâ€), has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship. The estimated total contract value is $101 million with commencement expected late Q3 2019 and running to early 2021. The Libongos is

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CIMC owned jackups bag long term contracts with Pemex

September 3, 2019
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CIMC Raffles has fixed two jackup newbuilds under construction at the yard to Mexican oil company Pemex under long-term contracts. The two jackup rigs Gulf Driller VI and Gulf Driller VIII were originally ordered by Greek owner Top Ships and Malaysian owner Coastal Contracts respectively and CIMC Raffles Offshore, the rig owning unit of the CIMC Raffles, took over the ownership of

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Seadrill’s West Neptune gets a 1 year extension with LLOG

September 2, 2019
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Seadrill Limited has secured a one year contract with LLOG Exploration Offshore, L.L.C., (“LLOGâ€) for the West Neptune operating in the US Gulf of Mexico.  Total contract value is expected to be approximately $74 million with commencement in December 2019, in direct continuation of the existing contract with LLOG.  Source: Global Newswire Photo is of the Seadrill 6th gen

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