
Each week we share with you trending articles from the industry
Vantage Drilling International subsidiary VHI to oversee Seadrill Partners LLC floaters
Under the management and marketing agreements, the VHI Entities will provide marketing and operations management services in respect of certain of the Seadrill Entities' deepwater floaters.
TPAO in negotiations with Dolphin Drilling for drillship purchase
The Daily Sabah did not mention a vessel name, but it is more than likely the Bolette Dolphin which was selling for a much higher rate in 201.
VesselsValue is said to value the drilling vessel at $95 million, but the price being negotiated has not been disclosed as of yet.
Transocean issues fleet status update, holds $7.8 billion in backlog
Transocean Ltd. issued their quarterly Fleet Status Report and it provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.
As of February 12, the company’s total backlog is approximately $7.8 billion.
Noble emerges from Chapter 11
Noble Holding Corporation plc ("Noble UK") announced on February 5, 2021 it successfully completed its financial restructuring and its debtor affiliates have emerged from Chapter 11 with a new parent company organized under the laws of the Cayman Islands named Noble Corporation ("Noble" or "the Company").
Maersk and KNOC ink first drillship operation
Maersk Drilling has secured a contract from Korea National Oil Corporation (KNOC) for the drillship Maersk Viking to drill one exploration well in Block 6-1 offshore the Republic of Korea.
Best of Overtime Volume 2
Ryan predicts oil $75 the next day, Hydrogen powered Toyotas, who would last longer, GM for the Mets or first person to land on Mars, running with the bulls
West Africa Weekly
Oil Prices, Sonatrach’s New MOU, Nigeria’s First Methanol Plant, Exxon Court Summons, Cameroon with Victoria Oil and Gas, GE to Supply Senegal Power Plant
Oil Prices
February 12, 2021
WTI $59.47 |
Brent $62.64 |
Natural Gas $2.91 |
Rig Count
U.S. & Canada – February 12, 2021
International – February 5, 2021
International Rigs ( +12 ) 677 |
U.S. Rigs ( + 5 ) 397 |
Canada Rigs ( + 5 ) 176 |
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