
Valaris 8500 and 8501 will be converted by SpaceX
Elon Musk’s SpaceX bought two deepwater rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing.

Canada gives approval for three offshore drilling projects
Canada’s Minister of Environment and Climate Change, Jonathan Wilkinson, announced that BHP’s Canada Exploration Drilling Project, Equinor’s Central Ridge Exploration Drilling Project and Chevron’s West Flemish Pass Exploration Drilling Project can proceed

Biden administration suspends federal oil and gas permitting
The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo

Maersk firms up two rig contract offshore Suriname
Maersk Drilling has been awarded contracts for the deepwater rigs Maersk Valiant and Mærsk Developer from Total for an estimated combined total duration of 500 days.

BP Inks Agreement with Sonangol Over Offshore Block 18
British multinational BP has signed an agreement with national oil company Sonangol for the development of the Platina field located in Block 18 offshore Angola.

Overtime
KXL, Biden Suspends Permitting, SpaceX & Old Rigs, Electric Frac, Saints & Drew Brees, Mets GM Didn’t Last 37 Days.