Weekly Rundown

Home   >   Weekly Rundown   

OutPut’s Weekly Top 5

Rig Lynx
  • By Rig Lynx
  • Dec 04, 2018
  • Category : Weekly Rundown
  • Views : 865

This week we see contracts getting the top spot with Seadrill getting some work from Petronas, good to see those ships going back to work! Just behind that we have Pacific getting some much-needed work for the Bora, we reported on this back in October, somehow it found itself back in the limelight this week! Coming into the 3rd spot is Husky’s Sea Rose FPSO with a 1500 bbl spill off the coast of Newfoundland, in 4th is Ensign securing its takeover bid of Trinidad, they basically waited out the market and used a bit of strategy to get the upper hand on rival Precision and for the final spot we have a piece about exploration activity picking up in 2019, this would be great!!! We will see!

Scroll through, leave us some comments or go download the Rig Lynx app and make some new friends, its the world’s largest Oil and Gas community on iOS and Android mobile devices, can download it here!

Here we go, we start off with Seadrill and Petronas!

Seadrill grabs work with Petronas for the West Capella

Seadrill Partners LLC (“SDLP” or “the Company”) has secured a one well contract with two options with PETRONAS Carigali Sdn Bhd. (More Here)#

Pacific Drilling Awarded Contract for the Pacific Bora

Oct 22, 2018–Pacific Drilling S.A. (OTC: PACDQ) (“Pacific Drilling” or the “Company”) announced today that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria. The term of the contract is for one firm well plus two additional option wells. The contract is expected to commence in mid to late November 2018 and firm contract backlog is estimated at $9 million. (More Here)#

1500 bbl spill shuts down Husky’s Sea Rose FPSO in Newfoundland

Newfoundland, Canada Nov 27 2018- Husky says it will not resume production on the SeaRose FPSO until Husky’s Senior VP in the Atlantic region and the C-NLOPB are satisfied that the integrity of production is where it needs to be. (More Here)#

Ensign slams the door shut on Precision’s bid for Trinidad, comes out on top

CALGARY, Nov. 27, 2018 /CNW/ – Ensign Energy Services Inc. (TSX:ESI) (“Ensign”) announced today that the conditions to its offer for Trinidad Shares at $1.68 per share (the “Offer”) have been satisfied or waived and it has taken up the Trinidad Shares deposited to the Offer as of 10:00 a.m. on November 27, 2018. (More Here)#

Oil Exploration Activity Will Pick Up in 2019

RIGZONE Nov 28 (Houston, Texas)- There will be a pick up in oil exploration activity next year, compared to 2018, according to a new report from Fitch Solutions Macro Research.

“On an annual average basis, revenues will be boosted by higher oil prices, while still compressed services costs will flatter margins and bolster cash flows. This will give companies greater flexibility to increase their CAPEX and assume more risk,” the report stated. (More Here)

Alright, that’s this week’s wrap up!

From all of us here at OutPut- Have a great week and stay safe!

Photo by Michael Elleray Used under CC License 2.0 


Check out our other current stories!

A new community just for oil and gas…

Download the app free right here!

Comments (0)

Leave Comment


Check out our other stories

Rig Lynx
Mar 01, 2022

  Saipem exploring drilling division sell off Saipem SpA is considering a roughly 4 billion euro ($4.5 billion) restructuring package that could include a cash injection and asset sales. Read More     Transocean lines another rig up for Petrobras  Transocean to sign a new charter contract with Petrobras. The company took the lead in the oil company’s new request for quotation aimed at the international bid to carry out a drilling campaign in the Tayrona area, located offshore Colombia. Read More Seadrill emerges from bankruptcy after more than a year of restructuring  Seadrill 2021 Limited has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization. Read More Chevron looks to sell off EG stakes for USD $1 billion Chevron is looking to sell its stakes in three oil and gas fields in Equatorial Guinea, hoping a recent rally in energy prices will help attract buyers. Read More Valaris fleet status update is out, multiple contracts awarded Valaris published a fleet status update and here are the highlights that have not been previously announced. Read More   Visit Relynx Media   Oil Prices Feb 28, 2022 WTI $95.84 Brent $98.02 Natural Gas $4.47     Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +5 ) 650 Canada Rigs ( +4 ) 224 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Feb 21, 2022

  Transocean updates on the Deepwater Titan Transocean recently announced that the drydocking for the 8th generation Deepwater Titan has been completed in Singapore at the Sembcorp facilities. It will soon be heading into its next phase moving out to sea. Read More     Sack full of new contracts announced in Borr's Q4 results Borr Drilling issued its Q4 2021 presentation and we have the highlights right here. Read More Noble Corp issues Q4 results, currently sitting on $1.2 billion backlog Noble Corp issued their Q4 results and we have the highlights right here. Read More Noble scrapping the Clyde Boudreaux Noble Corp President and CEO Robert Eifler had a brief message during the Q4 results call about the Clyde Boudreaux. Read More Fox Petroleum Group soaring the skies with new Investment in Aviation Fox Rubicon Capital Partners signed a monumental global agreement for USD 1.5 Billion on a 9 year term for the aviation and aeronautics sector. Read More   Visit Fox   Oil Prices Feb 20, 2022 WTI $92.00 Brent $93.64 Natural Gas $4.43     Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +10 ) 645 Canada Rigs ( +1 ) 220   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

Rig Lynx
Feb 14, 2022

    39 year old semi Olinda Star awarded 16 month contract Constellation secured a new charter contract for the 39-year-old semi the Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. Read More Aban sells Deep Driller 1 to ADES for $12 million Aban Offshore has approved the sale of Rig Deep Driller 1 owned by their subsidiary Deep Drilling 1 Pte Ltd subject to the approval of Shareholders. Read More Sparrows awarded 3 year contract with Serica Energy Sparrows Group announced a contract award from Serica Energy for crane operations and maintenance services on North Sea platform, Bruce. Read More   Visit Relynx Media   Shell to use Enhanced Drilling's Closed Riser CML services in deepwater GOM Enhanced Drilling (EDR) has recently received an order from Shell Offshore Inc. to supply a second EC-Drill® Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). Read More Aker Solutions signs 3 year extension with Equinor  The contract provides work for Aker Solutions' operations in Trondheim, Bergen and Stavanger in particular, and will be managed from the company’s offices in Trondheim. Read More     Oil Prices Feb 14, 2022 WTI $93.55 Brent $94.43 Natural Gas $3.94   Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +22 ) 635 Canada Rigs ( +1 ) 219 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here