Weekly Rundown

  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. Read More     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. Read More 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. Read More 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. Read More 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. Read More   Visit Relynx Media   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 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

  Transocean updates on the Deepwater Titan Transocean recently announced that the drydocking for the 8th generation Deepwater Titan has been completed in Singapore at the Sembcorp facilities. It will soon be heading into its next phase moving out to sea. Read More     Sack full of new contracts announced in Borr's Q4 results Borr Drilling issued its Q4 2021 presentation and we have the highlights right here. Read More Noble Corp issues Q4 results, currently sitting on $1.2 billion backlog Noble Corp issued their Q4 results and we have the highlights right here. Read More Noble scrapping the Clyde Boudreaux Noble Corp President and CEO Robert Eifler had a brief message during the Q4 results call about the Clyde Boudreaux. Read More Fox Petroleum Group soaring the skies with new Investment in Aviation Fox Rubicon Capital Partners signed a monumental global agreement for USD 1.5 Billion on a 9 year term for the aviation and aeronautics sector. Read More   Visit Fox   Oil Prices Feb 20, 2022 WTI $92.00 Brent $93.64 Natural Gas $4.43     Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +10 ) 645 Canada Rigs ( +1 ) 220   Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here  

    39 year old semi Olinda Star awarded 16 month contract Constellation secured a new charter contract for the 39-year-old semi the Olinda Star. The Brazilian group closed a deal with ONGC, guaranteeing 16 months of chartering, after presenting a best price in the bidding conducted by the oil company. Read More Aban sells Deep Driller 1 to ADES for $12 million Aban Offshore has approved the sale of Rig Deep Driller 1 owned by their subsidiary Deep Drilling 1 Pte Ltd subject to the approval of Shareholders. Read More Sparrows awarded 3 year contract with Serica Energy Sparrows Group announced a contract award from Serica Energy for crane operations and maintenance services on North Sea platform, Bruce. Read More   Visit Relynx Media   Shell to use Enhanced Drilling's Closed Riser CML services in deepwater GOM Enhanced Drilling (EDR) has recently received an order from Shell Offshore Inc. to supply a second EC-Drill® Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). Read More Aker Solutions signs 3 year extension with Equinor  The contract provides work for Aker Solutions' operations in Trondheim, Bergen and Stavanger in particular, and will be managed from the company’s offices in Trondheim. Read More     Oil Prices Feb 14, 2022 WTI $93.55 Brent $94.43 Natural Gas $3.94   Rig Count U.S. & Canada - February 11, 2022 International - February 4, 2022 International Rigs ( +7 ) 841 U.S. Rigs ( +22 ) 635 Canada Rigs ( +1 ) 219 Join our mailing list here We are #1 on Google and Bing for the "Largest Mobile Energy Network" Come join our community! Download the Rig Lynx app here