ModuSpec to Help Reactivate Stranded Newbuild Jack-up Rig for Latin America Contract

(OE) Offshore drilling rig service and inspection firm ModuSpec has won a contract to support the intake of a stranded new-build jack-up drilling rig. The jack-up was originally constructed in 2020 in Singapore and has remained stranded in the construction yard following the market crash and global pandemic, ModuSpec said. As the upstream oil &... Continue Reading →

June 28, 2023 0

CGX Energy, Frontera Strike Oil at Wei-1 Well Offshore Guyana

Guyana-focused oil and gas companies CGX Energy and Frontera Energy Corporation said Wednesday they had discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. "The Joint Venture has successfully finished drilling operations without any safety incidents and expects to release the drilling rig in early July 2023,"... Continue Reading →

June 28, 2023 0

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ModuSpec to Help Reactivate Stranded Newbuild Jack-up Rig for Latin America Contract

CGX Energy, Frontera Strike Oil at Wei-1 Well Offshore Guyana

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