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Archives

One of the largest semi’s in the world “Bluewhale 1†picks up 1.5 years of work

March 26, 2019
| Archives

Our friends over at Bassoe reported this morning that the Bluewhale 1 has picked up 549 days of work with CNOOC (Chinese National Offshore Oil Company). No dayrate was given at this time The Bluewhale 1 is a 2017 CIMC Raffles built Frigstad D90 semisubmersible that is designed for 12,000′ of water depth and a drilling depth of

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Bassoe: March Jackup Report

March 25, 2019
| Archives

March was relatively light on jackup fixtures, but several contract awards in Mexico are coming in (Borr announced two 18-month contracts) and will continue to do so over the next few months. In the Middle East, the AOD I was renewed for three years with Saudi Aramco. Utilization has surpassed 70% and is expected continue rising as Mexico,

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Awilco signs up with Keppels for a 2nd newbuild HE semi

March 25, 2019
| Archives

As we reported on March 8th “Awilco and Keppel Fels exercise HE Semi newbuild agreement“, the company is pleased to announce that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 22 March 2018, signed a contract with Keppel FELS shipyard in Singapore for the building of one new CS60 ECO MW semi-submersible drilling rig. The

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Bassoe: 8 questions about the state of offshore drilling, get your answers in today

March 22, 2019
| Archives

So many issues, so many opinions. These eight questions are your chance to have your say and find out what others are saying about the offshore drilling industry. At Bassoe Analytics, we promote collaboration and sharing of knowledge and opinions via our open source offshore rig database.   And in our commentary, we regularly let you know what we think of

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Island Drilling picks up contract with CNOOC

March 22, 2019
| Archives

“Island Drilling Company AS is pleased to announce that the company has been awarded a contract with CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, to drill one well on the Howick prospect, located West of Shetland, Block 206/21. Drilling is scheduled to commence in Q2 2019. Island Drilling Management will be responsible for the operation

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GOM just saw the strongest sale in two years with $244 million in total high bids

March 22, 2019
| Archives

  Upstream operators in US Gulf of Mexico Lease Sale 252 on Wednesday focused much of their bids around existing discoveries or fields in proven productive areas, a harbinger of quicker production from that oil-prone arena and an ongoing trend in recent years. The auction, which fetched $244 million in total high bids and $284 million for all bids,

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What social media means for people that are on rotational work

March 19, 2019
| Archives

It’s 5 a.m. in the South Atlantic, Jim crawls out of bed, gets dressed and heads upstairs to chat before going on tour. Today is his daughters 16th birthday, so this day is like none other for his daughter. He is not there because he works rotational on a drilling rig offshore. Jim has been doing this for most of his

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Neptune Drilling picks up the Odfjell managed Beacon Atlantic for 6 wells plus

March 19, 2019
| Archives

Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS. The contract concerns hire of the Beacon Atlantic semi-submersible drilling unit, which will be managed by Odfjell Drilling AS.Designed for harsh environments, Beacon Atlantic will be suitable for drilling three development wells on the Duva field (formerly Cara) starting at the

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Rig sale leads Precision to exit Mexico

March 19, 2019
| Archives

Precision Drilling Corporation is pleased to announce transactions to divest our five Mexico based drilling rigs and our water treatment business branded Terra Water Systems. We have entered into an agreement to sell five idle drilling rigs and ancillary equipment currently located in Mexico for US$48 million. To date, the Company has received US$30 million for the

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Wilhelmsen and Airbus trial world’s first commercial drone deliveries to vessels at anchorage

March 18, 2019
| Archives

Launching this week in partnership with Airbus, Wilhelmsen’s shore-to-ship Singapore pilot project, marks the first deployment of drone technology in real-time port conditions, delivering a variety of small, time-critical items to working vessels at anchorage. Lifting off from Marina South Pier in Singapore with 3D printed consumables from Wilhelmsen’s onshore 3D printing micro-factory, the Airbus Skyways drone navigated

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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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