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.
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.
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.
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.
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.
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 |
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