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Archives

Ocean Oilfield gets 2 year extension on the B152

June 29, 2022
| Archives

Ocean Oilfield Drilling together with its partner Dhabi Drilling are glad to announce the contract extension for Jack Up Rig B152 in the Arabian Gulf for another 2+1 years with ADNOC & Abu Dhabi Oil Co., Ltd. (ADOC). Ocean Oilfield Drilling is committed to continue delivering world class service to its clients whilst keeping safe and efficient

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Maersk lands contract with Shell for the Resilient

June 29, 2022
| Archives

Maersk Drilling has secured a contract from Shell UK for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK sector of the North Sea. The contract is expected to commence in the second half of 2022, in direct continuation of the rig’s previous work scope with Nederlandse Aardolie Maatschappij (NAM), with an estimated duration

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Borr sells off 3 high spec jackups under construction for $320 million

June 29, 2022
| Archives

Borr Drilling has signed a binding letter of intent with an undisclosed third party for the sale of 3 high-specification units under construction with Keppel FELS shipyard – namely 'Tivar', 'Huldra' and 'Heidrun' (the 'Transaction Rigs'). The sale transaction is subject to customary closing conditions and procedures and is expected conclude within 30 days. The Transaction Rigs are expected to be employed

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Lebanon extends second licensing round

June 23, 2022
| Archives

The deadline for oil and gas companies to submit bids for the Lebanon Second Licensing Round has been extended until 15 December 2022. The PGS Lebanon 3D Vision and MC2D data cover all eight blocks on offer.  PGS has seismic data coverage for all eight blocks in the second offshore license round for Lebanon. Following a request by the Lebanese Petroleum Administration, the

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Well-Safe solutions will deploy the Protector for P&A work in North Sea

June 23, 2022
| Archives

Well-Safe Solutions have been contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia Platform in the Southern North Sea, approx. 55km from the UK mainland. The contract – for an undisclosed sum – will see the Aberdeen-based well decommissioning specialists provide project management, well engineering and all managed delivery services for the project. The Well-Safe Protector harsh environment jack-up rig is

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DOF lands 3 vessel extension with Petrobras worth $100 million

June 23, 2022
| Archives

DOF Subsea is proud to announce the extension of the four PIDF Contracts with Petrobras. These extensions will demand a fleet of at least 3 vessels operating for 18 months, to the end of 2023 and in direct continuation to the original schedule performing flexible pipelines, risers and subsea equipment inspection in Campos Basin, Santos Basin, Marlin Field and Espírito Santos

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Seadrill gets $361 million worth of extensions for Arabian Gulf trio

June 23, 2022
| Archives

Seadrill has been awarded contract extensions for the AOD I, AOD III and West Callisto for work offshore in the Arabian Gulf. The firm term of each contract is three years with commencement in direct continuation of the current contracts. AOD I, AOD III and West Callisto are now committed to June 2025, December 2025 and November 2025, respectively.  Total contract value for

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U.S. energy developer Double Eagle raises $1.7 billion for new venture

June 23, 2022
| Archives

Double Eagle, a team of prolific oil and gas developers focused on the Permian basin, have raised more than $1.7 billion from a group of investors to fund their latest venture, according to a statement to Reuters on Sunday. The sum is one of the largest pools of capital dedicated to oil and gas development raised since the

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Saipem awarded early stage engineering for Gato do Mato FPSO

June 16, 2022
| Archives

Saipem has been recently awarded a limited notice to proceed (LNTP) by BW Offshore SPV PTE Ltd, for the early-stage engineering services for the supply of an FPSO (Floating Production Storage and Offloading) unit to be then provided to Shell and its partners for the development of the Gato do Mato oil and gas field located approx. 200 km offshore Brazil in

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Wood signs 10 year engineering MSA with Chevron

June 16, 2022
| Archives

Wood, has entered into a 10-year global master services agreement for engineering and project related services with Chevron. The agreement can be used by all of Chevron’s business units and covers both offshore and onshore assets within the upstream, midstream and downstream markets. The deal enables the formation of a global strategic relationship, strengthening the overall quality of engineering and

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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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