+1(833) 396-4204 info@riglynx.com
Menu

Archives

Indonesia Energy kicks off onshore drilling program

March 14, 2022
| Archives

Indonesia Energy (IEC), an oil and gas exploration and production company focused on Indonesia, has mobilized the drilling rig to drill 2 back-to-back producing wells (named the K-27 and K-28 well) at its 63,000-acre Kruh Block. The mobilization of the rig represents a milestone in IEC’s previously announced plan to drill two new wells at Kruh Block during the first quarter of 2022. IEC also plans

Read More...

Eco Oil & Gas acquires JHI Canje interest offshore Guyana for $52 million

March 14, 2022
| Archives

Eco (Atlantic) Oil & Gas has signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc., including JHI's 17.5% Working Interest ('WI') in the Canje Block offshore Guyana. Highlights A proposed cashless acquisition, with a value of approx. US$52 million at the Company's current share price, which would make Eco the sole owner of JHI's cash balance

Read More...

Aker lands 7 year contract extension with OKEA

March 14, 2022
| Archives

Aker Solutions has been awarded a substantial (1) seven-year contract extension (3+2+2 years) of an existing maintenance and modifications frame agreement with OKEA. The agreement covers work on all installations offshore Norway operated by OKEA. Maintenance and modifications are crucial to ensure safe and efficient operations of installations and facilities. Aker Solutions has delivered maintenance and modifications services for OKEA since 2018

Read More...

Italy headed to West Africa to plug the supply gap left by Russia

March 14, 2022
| Archives

Italy is to buy more gas from Angola and Congo Republic, Foreign Minister Luigi Di Maio said on Sunday, as Rome steps up efforts to secure new energy supplies and become less dependent on Russia in light of the Ukraine crisis. Di Maio travelled to Congo Republic and Angola with the head of Italian energy group Eni, Claudio

Read More...

Australia puts sanctions on Russian oil execs

March 14, 2022
| Archives

Australia said on Monday it was imposing new sanctions on 33 Russian oligarchs and business people, including Chelsea Football Club owner Roman Abramovich and Gazprom CEO Alexey Miller, over the Russian invasion of Ukraine. Foreign Minister Marise Payne said Australia supported moves by the United States, United Kingdom, Canada, the European Union and New Zealand to take action

Read More...

DS 16 breaks free from moorings and collides with tanker in GOM

March 14, 2022
| Archives

The DS-16 seems to have collided with Z&G Halcoussis’ supramax bulk carrier Akti in Pascagoula, Mississippi. The incident occurred at around 01.30 hrs local time on Saturday near the VT Halter Shipyards and Chevron docks, the US Coast Guard said. The 229.2m long DS-16 reportedly broke free of its moorings due to high winds and collided with the Greek-owned 57,900 dwt Akti. “The Valaris is reported

Read More...

Velesto awarded 2 year contract with Petronas

March 11, 2022
| Archives

Velesto Drilling has received a Letter of Award from PETRONAS Carigali Sdn. Bhd., for the Provision of Jack-Up Drilling Rigs for PCSB. Contract duration of two (2) years primary period, which is expected to commence in quarter 1 of 2022, with one (1) year plus one (1) year extension option, VED will provide its suite of VEB Group’s

Read More...

Northern Drilling renames floaters

March 11, 2022
| Archives

Northern Ocean Ltd (“NOL” or the “Company”) announces that the names of the Company’s rigs will be changed to Deepsea Mira and Deepsea Bollsta. The Company recently entered into operational and marketing agreements with Odfjell Drilling AS (“Odfjell”), and the name change reflects the close relationship with our new partner and a reintroduction of the fleet under new

Read More...

New life for stacked Seadrill Sevan rigs

March 11, 2022
| Archives

New Fortress Energy is said to have bought two of Seadrill’s Sevan rigs, the Sevan Brasil and Sevan Driller, for conversation to gas production units according to TradeWinds. Both rigs have been cold stacked for years, and the Brasil was previously announced as assigned for scrap. Join our mailing list here

Read More...

Helix bags long term intervention contracts

March 11, 2022
| Archives

Siem Offshore and Helix Energy Solutions Group Inc, has entered into an agreement for the Well Intervention Vessels Siem Helix 1 and Siem Helix 2. The agreements will replace the existing contracts and the new firm period will be 3 years for “Siem Helix 1” and 5 years for “Siem Helix 2” with subsequent options for both vessels.

Read More...