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Prosafe lands 4 year deal for the Safe Eurus

May 27, 2022
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Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Similar to the recently announced Safe Notos contract award, the award has a firm period commitment of four (4) years and the commencement is end-March 2023 following on from the expiry of her current contract that commenced in October

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Eni kick of Cronos 1 operations offshore Cyprus

May 23, 2022
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Exploratory drilling for natural gas in waters off Cyprus is currently underway, the government said on Monday. The well is being drilled by the Tungsten Explorer rig on behalf of Total and ENI – the companies with the concession on offshore block 6 of Cyprus’ exclusive economic zone. Work at the site, dubbed ‘Cronos-1’, was initially scheduled to take

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NPD issues Aker BP new drilling permit

May 23, 2022
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The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 6507/3-15 and 6507/3-16  in production licence PL 941. The well will be drilled at locations 65° 49' 38.83'' N 7° 51' 16.9'' E and 65° 48' 24.54'' N 7° 51' 44.01'' E by the Deepsea Nordkapp semi-sub. Expected spud date is June 2022. Licensees are: Aker BP (Operator) 80%; PGNiG Upstream Norway 20%. Source: NPD Join our mailing

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GOM offshore leasing update

May 23, 2022
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During testimony before the U.S Senate Committee on Energy and Natural Resources, Secretary of the Interior Deb Haaland confirmed that, despite delays in implementation from the previous Administration, the Interior Department will release the Proposed Program - the next step in the five-year offshore energy planning process - by June 30, 2022, which is the expiration of the current

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Prosafe to put two newbuilds to work in brazil

May 21, 2022
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As part of entering into a Global Agreement (Deed) with COSCO Shipping (Qidong) Offshore Co. Ltd which forms part of the recently completed financial restructuring, Prosafe and Cosco have agreed extended delivery flexibility relating to the Safe Nova and Safe Vega under the agreement entered into and announced in August 2018. It remains the intention that Prosafe will take the vessels to the market once contract opportunities materialise with the Brazil

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Odfjell Technology lands 3 year wellbore cleanup deal with Petronas

May 21, 2022
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Odfjell Technology, an offshore operations, well services technology and engineering solutions supplier, has been awarded a three - year contract with Petronas through their local agent Time Marine Services, to provide all required tools, chemicals and services for the company’s wellbore cleanup operations in east Malaysia. The agreement, awarded by Petronas subsidiary Petronas Carigali Sdn Bhd, follows Odfjell Technology’s successful

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Shelf lands 3 year jackup deal with ONGC

May 21, 2022
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Shelf Drilling has received an award for a three-year contract for the F.G. McClintock jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. The planned start-up of operations is Q1 2023. Source: Shelf Join our mailing list here

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Exxon sells off Barnett assets for $750 million

May 21, 2022
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ExxonMobil has signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices. Source: Exxon Join our mailing list here

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Odfjell’s Deepsea Stavanger extends work with Equinor

May 19, 2022
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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 six (6) remaining wells to be drilled which are expected to occupy the rig into Q1 2023.   Equinor has the opportunity to exercise

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