Rig Lynx Weekly Rundown – Saudi announces the launch of offshore tourism project THE RIG

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Saudi announces the launch of offshore tourism project THE RIG

Saudi Arabia's sovereign wealth fund, the Public Investment Fund, announced on Saturday the launch of "THE RIG", which it said would be the world's first tourism destination on offshore platforms.

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Island Drilling awarded contract for the Innovator

Dana Petroleum has awarded Island Drilling Company AS a contract to the 6th generation Harsh Environment rig Island Innovator.

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Valaris reactivates DS4 for long term work in Brazil

Valaris Limited announced that it has been awarded a contract with Petrobras offshore Brazil for drillship, VALARIS DS-4.

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Essar Wildcat heads back to work 

Market sources indicated the semisub Essar Wildcat will next month be put out to work for Pertamina offshore Indonesia at the Aceh NSO (North Sumatra Offshore) Block.

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Compact Driller bags work with Cairn India

Shelf Drilling jackup Compact Driller has been secured for a four-well contract by Cairn India, which is expected to last for around six months.

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Overtime Ep 25

  • Oil Prices
  • The Gas Struggle is Real
  • Off the Chart Price Spike Coming
  • Favre Asked to Repay some Cash
  • Chisox Throwing Shade
  • Mom and Fam get Booted from Wedding
  • Whole Town for Sale

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West Africa Weekly Ep 16

  • Oil Prices
  • PGS awarded more work from ExxonMobil offshore Suriname
  • Angola announces award of 2020 Bidding Blocks
  • West Africa deepwater rig utilization could triple by 2022

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Oil Prices

October 22, 2021

WTI

$84.15

Brent

$85.70

Natural Gas

$5.28

Rig Count

U.S. & Canada – October 22, 2021

International – October 1, 2021

International Rigs

( +10 ) 787

U.S. Rigs

( -1 ) 542

Canada Rigs

( -4 ) 164

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