Seadrill has won contract extensions with a total value of approximately $361 million in aggregate for three jack-up rigs in the Middle East.
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.
Energean has exercised its options with Stena Drilling for two more wells offshore Israel as part of its 2022 growth drilling campaign.
Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up rigs in the Middle East.
Ocean Challenger, the asset management company of CIMC Raffles, has entered into a charter contract with Saipem for a jack-up drilling rig.
Westwood reveals an uptick in offshore E&P investment and rig count with the demand for OSVs resulting in more idle fleets being reactivated.
Following the crossing of the Suez Canal last Friday, the Energean Power FPSO has arrived on location in Israel and hook-up and commissioning operations will begin immediately.
Energean’s new FPSO has crossed the Suez Canal while on its way from a shipyard in Singapore to waters off Israel.
McDermott has been awarded a FEED contract, its the largest ever received in the Middle East, for work on Qatar’s largest offshore oil field.
UAE-based ADNOC Drilling has signed an agreement to acquire an additional two premium offshore jack-up drilling units.
Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.
Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.
Singapore’s Keppel Offshore & Marine has signed contracts for the bareboat charter of another two KFELS B Class rigs to be deployed in the Middle East.
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
