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Petrobras set to kick off Columbia drilling campaign

April 11, 2022
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At the end of April, Petrobras will start a drilling campaign in Colombia. The activity will be carried out in the Tayrona area, located in the deep waters of the Guajira Basin. The activity will be carried out by Transocean’s Development Driller III rig, which began to be towed to the location last week. Petrobras’ campaign in the

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ProSafe looks to add $110 million to backlog with leading bid

April 11, 2022
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Prosafe has won a bidding process for a four-year contract with Petrobras for the supply of a semi-submersible vessel for safety and maintenance support offshore Brazil.  Prosafe, which plans to deploy the Safe Notos semi-submersible floated for the contract, said that a potential contract award and timing of the contract award were still subject to a formal process

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Saipem awarded new offshore drilling contracts

April 11, 2022
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Saipem has been awarded new contracts in Offshore Drilling in the Middle East and in West Africa for a total amount of over 400 million USD. Two contracts have been awarded in the Middle East for two high specification jack-up drilling units, consisting of drilling and workover operations for a duration of five years. The start of operations

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Valaris announces new contracts and extensions

April 11, 2022
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Valaris announced new contracts and contract extensions, with associated contract backlog of $181 million, awarded subsequent to issuing the Company’s most recent fleet status report on February 21, 2022. Two-year contract extensions with BP in the U.S. Gulf of Mexico for managed rigs Mad Dog and Thunder Horse. The contract extensions were effective on January 27, 2022. One-well contract

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Greece plans gas exploration in Ionian Sea

April 5, 2022
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Greece plans to accelerate gas exploration in its western and southern waters in a fresh drive to tap domestic resources amid soaring energy prices and concerns over Russian gas supplies, government sources said on Tuesday. Greece has produced small quantities of oil in the past and has attempted to explore its hydrocarbon potential, but low crude prices in

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SBM awarded with ONE GUYANA FPSO construction contract

April 5, 2022
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SBM Offshore has announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development project located in the Stabroek Block, offshore Guyana. Under these contracts, SBM Offshore will construct, install and then lease and operate the ONE GUYANA FPSO for a period of up to two years, after which

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Longboat Energy announces significant discovery offshore Norway

April 5, 2022
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Longboat Energy, the emerging full-cycle North Sea E&P company, has announced a significant discovery in the Equinor operated Kveikje exploration well (35/10-8S) in license PL293B (Company 10%). The preliminary estimate of recoverable resources in Kveikje Main, being the primary target of the exploration well, is 28 to 48 MMboe (gross), above the pre-drill expectation. The discovery has excellent reservoir quality and is close to existing infrastructure allowing for a simple development through multiple export options. Read more here...  Longboat Energy Join our mailing list here

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KCA Deutag awarded drilling contract using grid power

April 5, 2022
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Neptune Energy today announced the award of a contract to drill the Z17 well in the Adorf carboniferous gas field, north-west Germany, to KCA Deutag. Operated with power from the grid, KCA Deutag’s rig will use electrical motors in place of diesel-driven generators, removing an estimated 1,000 tonnes of CO2 emissions from the drilling operation. Neptune has been

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Maersk bags long term work for the Voyager

April 4, 2022
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Maersk Drilling has been awarded contracts with Shell for the provision of the 7th generation drillship Maersk Voyager for drilling services offshore multiple countries. The contracts are expected to commence in April 2022, with a total firm duration of one year. The total contract value is approximately USD 107.5m, including a mobilization fee, but excluding integrated services expected to

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Borr lands new contracts and extensions

April 4, 2022
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Borr Drilling Limited announced it has been awarded new contracts and extensions for 5 of its premium jack-up drilling rigs. These awards increase the company’s backlog by approximately 2,530 days, excluding optional periods. The premium jack-up drilling rig “Gunnlod” has secured a contract with an undisclosed operator in Southeast Asia. This contract is expected to commence in direct

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