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Rig Lynx Weekly Rundown - Saipem exploring drilling division sell off

Rig Lynx
  • By Rig Lynx
  • Mar 01, 2022
  • Category : Weekly Rundown
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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.

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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.

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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.

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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.

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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.

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Oil Prices

Feb 28, 2022

WTI

$95.84

Brent

$98.02

Natural Gas

$4.47

 

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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

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Feb 21, 2022

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