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Transocean’s KG-1 has 180-day option exercised

October 15, 2020
| Current News

Transocean today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. As of October 14, the company’s total backlog is approximately $8.2 billion. This quarter’s report includes the following updates: Dhirubhai Deepwater KG1– Customer exercised a 180-day option in India. The report can be accessed on the company’s website: www.deepwater.com.

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Angola’s Sonangol to Construct Scientific Research Center

October 12, 2020
| Current News

Under its privatization program that sees the divestment of non-core state assets, Angola’s Sonangol has announced the construction of a scientific research, technology and innovation center in 2021. The center will seek to ensure knowledge acquisition and technology transfer for the oil company by identifying strategic projects for development.  It will also house several other institutions, including advanced education,

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Angola’s Sonangol to Construct Scientific Research Center

October 12, 2020
| Current News

Under its privatization program that sees the divestment of non-core state assets, Angola’s Sonangol has announced the construction of a scientific research, technology and innovation center in 2021. The center will seek to ensure knowledge acquisition and technology transfer for the oil company by identifying strategic projects for development.  It will also house several other institutions, including advanced education,

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Brazil’s Ocyan eyes contracts worth hundreds of millions of dollars

August 5, 2020
| Current News

Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world’s largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters. He said Ocyan is eyeing contracts potentially worth hundreds of millions of dollars for deepwater platforms serving state-run oil company Petroleo Brasileiro SA. Petrobras

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Hokchi issues early termination to Grupo R

June 9, 2020
| Current News

Grupo R Perforación, S.A. de C.V. (GRP) began drilling in the Hokchi field in April 2020 with the lease of the Cantarell III self-elevating platform, plus logistics and port services. With the Cantarell III platform, the Hokchi-4DEL (producer) and Hokchi-5DEL (injector) wells were repaired. During the execution of these works, Cantarell III operated with an average efficiency of

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America’s Oil And Natural Gas Investments Must Continue

June 1, 2020
| Current News

As our energy-environment discussion marches on amid the pandemic, one of our biggest concerns must be that temporary fallen demand and extreme lower prices discourage investments in new oil and natural gas supply. Worse, there is also a loudening mantra that COVID-19 somehow signals the “the end” of oil and gas so new investments are not warranted. The

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Oilfield your next ZOOM Meeting

May 4, 2020
| Current News

We know that a lot of you are stuck at home and part of your new reality is having to attend virtual meetings via Zoom (hopefully wearing pants ?) and not getting to be at the office or on the rig.  The team here at Rig Lynx knows there are places online where you can get virtual

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