Oil and gas companies are still feeling the impact of the Covid-19 pandemic as new project start-ups are being delayed and costs are rising due to continuous challenges arising from related restrictions.
Offshore drilling contractor Valaris Limited has been awarded an extension for one of its jack-up drilling rigs in Saudi Arabia.
Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, located offshore Timor-Leste.
Saipem has signed a bareboat charter contract with Samsung Heavy for a new drillship, which will be delivered later this year.
Offshore drilling contractor Shelf Drilling has secured a contract for a jack-up rig with Total E&P Nigeria for operations offshore Nigeria.
Eco Atlantic has increased its position in Guyana through an acquisition of an interest in the ExxonMobil-operated Canje offshore block.
E&P company Energean has signed a contract with Stena Drilling for its 2022 – 2023 growth drilling programme located offshore Israel.
After two weeks of no change, the number of offshore rigs in the U.S. increased by one unit last week, according to Baker Hughes.
Harbour Energy has experienced a negative impact on production during the first five months of 2021 due to planned maintenance and outages.
Noble Corporation has secured more work for two of its drilling rigs while one jack-up unit has been warm stacked in the UK.
Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.
Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern North Sea offshore Norway.
The number of offshore rigs in the U.S. remained unchanged for two weeks in a row, according to a weekly rig count by Baker Hughes.
Offshore vessel owner Siem Offshore has been awarded a three-month firm contract for an AHTS with PSE Kinsale Energy.
