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(OE) Offshore drilling contractor Noble Corp. on Tuesday released a fleet status report, according to which the company has secured contracts for six offshore drilling rigs since its previous fleet report issued on August 2, 2023. The company has secured contracts for three drillships—the Noble Valiant, Globetrotter I, and Globetrotter II—and three jack-up drilling rigs—the... Continue Reading →
(OM) Westwood Global Energy Group expects longer durations for offshore drilling rigs over the next year as rig availability continues to tighten. According to Teresa Wilkie, director of Westwood’s RigLogix service, 10-year tenders have been issued for two drillships for campaigns starting in early 2025. Marketed use of sixth to eighth generation assets is already at... Continue Reading →
(OEE) Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell. In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules. The 115-day contract, prior to any extension option exercise, is... Continue Reading →
(AB) The Ministry of Mines and Energy (MME) reported that the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) granted an environmental license for Petrobras to drill wells in the Potiguar Basin segment, off the coast of Rio Grande do Norte, on the Equatorial Margin. The license would refer to the research activity... Continue Reading →
(PN) Constellation announced a three-year contract with Petrobras, worth U$ 392 million, for the charter and operation of the Alpha Star semi-submersible rig. The unit will be used on the Brazilian coast and its activities are scheduled to begin in the fourth quarter of 2024. The scope of work will include the drilling, completion and... Continue Reading →
(Reuters) The last major piece of infrastructure needed to start production at Mexico's first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers. LNG developer New Fortress Energy is planning to begin production at the 1.4-million-tons-per-year floating plant... Continue Reading →
(Reuters) - Chevron Corp (CVX.N) plans to add 65,000 barrels per day (bpd) of Venezuelan oil output by the end of 2024 through its first major drilling campaign in the nation since Washington allowed it to restore production clipped by U.S. sanctions, three people familiar with the matter said. The effort could help Venezuela keep lifting crude... Continue Reading →
Offshore installation and construction services company McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil. Under the scope of the contract, of an undisclosed value, McDermott will transport and install about 19 miles (30 kilometers) of coated 10-inch rigid pipelines and associated subsea structures. Once... Continue Reading →
Offshore drilling company Noble Corp. said Tuesday it had won a contract with TotalEnergies, to redeploy the harsh-environment jackup rig Noble Regina Allen for the drilling of three horizontal wells at the Fénix project in southern Argentina. TotalEnergies subsidiary, Total Austral, awarded the contract to Noble Drilling. The contract is expected to start in the... Continue Reading →
Italian oil and gas giant Eni has started production from an oil and gas field offshore Côte d’Ivoire, Africa, less than two years after the discovery in September 2021 and less than a year and a half after the final investment decision (FID) was made. The Baleine East 1X well was drilled using the Saipem 12000 drillship. The... Continue Reading →
Brazil Energy Insight 