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PGS awarded more 3D and 4D work in Australia

July 22, 2022
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PGS has been awarded a significant 3D exploration acquisition contract offshore Indonesia by a major energy company. Further, the Company has also been awarded a major 4D acquisition contract offshore Australia by an international energy company. Ramform Sovereign will mobilize for the 3D exploration contract in Indonesia mid-October and acquisition is expected to complete mid-December. The vessel will continue to Australia and mobilize for

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Well-Safe lands work for the Defender

July 22, 2022
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Well decommissioning specialists Well-Safe Solutions have signed an agreement to plug and abandon (P&A) 14 wells on the UK continental shelf. The deal is the first scope agreed for the Well-Safe Defender semi-submersible rig, which Well-Safe Solutions purchased in June 2022. The project, for an undisclosed value, will see the Well-Safe Defender mobilizing in March 2023 for approx. 250 days of work. This contract

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Deepsea Stavanger busy until Q3 2023 with exercised options

July 20, 2022
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Odfjell Drilling reports that Equinor has exercised further work for the Deepsea Stavanger under the continued optionality mechanism provided for in the contract entered into by the parties in May 2021. Following this addition, the Deepsea Stavanger now has eight (8) remaining wells to be drilled which are expected to occupy the rig into Q3 2023. Equinor has the opportunity to exercise further

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OOS Floatel Tiradentes bags new 4 year contract with Petrobras

July 20, 2022
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Petrobras has awarded a 4-year contract to CIMC and OOS International for the OOS Tiradentes semi-submersible accommodation rig. The four-year contract award follows on from two long-term contracts previously awarded by Petrobras in 2018 and 2019 to the same vessel. OOS Tiradentes is named after a national Brazilian hero who fought for independence. Source: OER Join our mailing list here

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Congo offers up 30 oil and gas blocks for licensing

July 20, 2022
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Democratic Republic of Congo will offer 27 oil blocks and three gas blocks, nearly double as many as previously planned, in a licensing round next week, the hydrocarbons ministry said on Monday. Congo, a leading miner of copper, cobalt, gold and diamonds, has long aimed to boost its oil sector and is believed to have sizeable reserves. Output

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CNOOC Bidding Blocks Offshore China in 2022

July 20, 2022
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CNOOC has issued the following Announcement of Notification for Bidding Blocks Offshore China of 2022: Thirteen (13) Offshore China Exploration Blocks covering an area of 17,205km2 are available for bidding in 2022, among which one (1) block is located in Bohai Bay with the acreage of 330km2, eleven (11) blocks are located in Pearl River Mouth Basin with the acreage of 16,235km2, and one (1) block is located

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Sonatrach led consortium readies new prospects in Berkine basin

July 20, 2022
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Eni signed with SONATRACH, Oxy and TotalEnergies a new PSC for Blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s. The contract, signed under Algeria’s new hydrocarbon law of 2019, will allow the partners to boost investments, increasing the fields’ hydrocarbons reserves while extending their

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Solstad announces more contracts

July 18, 2022
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Normand Cutter has been awarded a contract with Ocyan in South America for a firm charter period of 460 days with the possibility of further 480 days extension. Commencement of the contract will take place in Q4 2022. Normand Cutter will provide support including ROV services for decommissioning activities in South America. Subtec has exercised their option to

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Worley awarded 3 year contract by Shell to provide engineering and procurement services

July 18, 2022
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Worley has been awarded a three-year contract by Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico. Worley will provide professional services in engineering, procurement, project services and support fabrication and construction, supporting Shell’s transition to a digitized and more efficient project delivery model for continued maintenance and improvements of its offshore assets. This aligns with Shell’s work

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EnerMech secures over USD 128 million in new contract wins

July 18, 2022
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Global integrated solutions specialist EnerMech has secured several OPEX and CAPEX contracts in core and new markets totaling (USD)$128 million across its Africa, Middle East and Caspian locations. This success follows a program of strategic growth activities including a new equipment investment of approx. (USD) $10 million, signing several in-country joint ventures and partnerships, and a major recruitment drive expanding the EnerMech team of local hires

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