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Deep Value Driller ex Bolette Dolphin bareboats to Saipem

February 26, 2023
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Deep Value Driller AS announced a bareboat charter for the 7th generation mobile offshore drilling vessel "Deep Value Driller" between the Company's subsidiary, Deep Value Driller Ltd., and Saipem, an energy service group currently active in the drilling segment in West Africa, Mediterranean, US Gulf, Middle East and Norway. The Contract covers an estimated firm period of

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Wellesley granted a new drilling permit using the Deepsea Yantai

February 22, 2023
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The Norwegian Petroleum Directorate (NPD) has granted Wellesley Petroleum a drilling permit for well 35/10-10 S in production licence PL 1148. The well will be drilled at location 61° 1' 11.31'' N  3° 9' 50.05'' E by the Deepsea Yantai semi-sub. Licensees are: Wellesley Petroleum 50%; DNO Norge 30%; Aker BP 10%; Equinor 10%. Planned spud date is March 2023. Source: NPD Join our mailing list here

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AkerBP granted new drilling permit using the Scarabeo 8

February 22, 2023
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The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 25/2-24 S in production licence PL 919. The well will be drilled at location 59° 53' 17.64'' N  2° 23' 4.22'' E by the Scarabeo 8 semi-sub. Licensees are: Aker BP 47.7%; Equinor 40%; LOTOS Exploration and Production Norge 12.3%. Planned spud date is Feb 2023. Source: NPD Join our mailing list here

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DOF Subsea announce new contracts and extensions

February 22, 2023
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DOF Subsea has announced that an option has been exercised for the vessel Skandi Africa. The new commitment will now run until February 2025 and will commence in direct continuation with the current commitment. Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations. DOF Subsea CEO, Mons S. Aase, stated: 'Skandi Africa is

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Valaris adds on more work with recent fleet status update

February 22, 2023
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Floaters 330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS DS-10. Following the exercise of this option, the rig is under contract through March 2024. The operating day rate for the option period is $231,000. Jackups One-year contract with an undisclosed operator offshore Trinidad for heavy duty ultra-harsh environment jackup VALARIS

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Apache terminates the Ocean Patriot

February 17, 2023
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Apache Beryl I Limited verbally informed Diamond Offshore Drilling, Inc. that it intends to exercise its option to terminate its drilling contract for the Ocean Patriot. In accordance with the terms of the drilling contract, the rig will continue to perform services under the contract until at least July 2023. Prior to the verbal termination notice, the Company had estimated that the

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PETRONAS signs PSCs for nine exploration blocks

February 16, 2023
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PETRONAS has signed Production Sharing Contracts (PSCs) for nine exploration blocks marketed under the Malaysia Bid Round 2022 (MBR 2022) with the winning bidders consisting of four existing and four new investors. The PSCs were signed by Firouz, in the presence of Executive Vice President and Chief Executive Officer of Upstream, Datuk Adif Zulkifli. The nine exploration PSCs are expected to

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Well-Safe and Apache sign multi-year agreement

February 16, 2023
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Well-Safe Solutions and Apache Corporation have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment (P&A) Club offering. The deal provides the US-based energy producer with access to specialist decommissioning assets the Well-Safe Defender and Well-Safe Guardian to P&A its well stock. Chris Hay, Director of Strategy and Business Development at Well-Safe Solutions, said: 'We are ready to

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Solstad announces new contracts

February 14, 2023
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Solstad Offshore has announced several new contracts and contract extensions for various PSVs (platform supply vessels) and AHTS vessels (anchor handling tug supply vessels). The contracts have a combined firm duration of approx. 10 vessel years and will support various clients in the global markets. The contracts will be executed by 14 of the companies PSVs and AHTS vessels and have a value of approx. NOK

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Pengshen 6 becomes deepest vertical well in Asia

February 14, 2023
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A unit of PetroChina Co. Ltd has completed drilling Asia’s deepest vertical oil well, official news agency Xinhua reported on Monday, as China’s top oil and gas firm seeks to meet government goals for greater domestic energy security. The Pengshen 6 well, located near Mianyang city in China’s southwestern Sichuan province, is 9,026 metres deep, according to the

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