ombugge
October 30, 2022, 3:49pm
61
The first 8th generation drillship, Deepsea Atlas, has started operation in the GoM:
Meanwhile the second of the class, Deepsea Titan, has been out on sea trials and are being readied for delivery by Sembcorp Marine in Singapore.
ombugge
November 4, 2022, 2:56pm
62
New York-listed offshore driller Valaris has struck a deal to sell its 40-year-old jackup Valaris 54 for $28.5m. The sale to an unnamed buyer is expected to close in March next year after the rig completes its contract with Saudi Aramco. Anton...
Estimated reading time: 1 minute
Ex Dual 54. (I have done many rig moves on this one, both as MWS and Rig mover)
ombugge
November 18, 2022, 11:33am
65
Liquila JV is paying around $200m for the seventh-generation dual-activity drillship:
Swiss-based offshore drilling giant Transocean has formed a joint venture with Frederik W. Mohn’s investment vehicle Perestroika and funds managed by Lime Rock Management to purchase a newbuild drillship abandoned in South Korea. The JV named Liquila...
Estimated reading time: 1 minute
One more available if you are interested.
ombugge
December 6, 2022, 9:29pm
69
Italy’s Saipem has exercised its purchase option on drillship currently on charter from Samsung Heavy Industries. The Milan-headquartered firm is paying $230m in cash for the seventh-generation floater currently working in the US Gulf of Mexico on a...
Estimated reading time: 1 minute
Cheap sale??:
ombugge
December 8, 2022, 12:56pm
70
Purchase of “stranded” drillships are paying off for the Swiss-based offshore driller Transocean:
Swiss-based offshore driller Transocean has won contracts in Brazil worth around $1.04bn for two ultra-deepwater drillships. The New York-listed rig owner said the 2011-built and had been booked by a national oil company for four and three years,...
Estimated reading time: 1 minute
Ladder
December 17, 2022, 6:17pm
71
A horrific incident happened on a jack-up in Qatar waters.
Offshore drilling market is booming again:
And this time please “don’t piss it all away”.
1 Like
ombugge
January 10, 2023, 7:48pm
73
Some oldies are still active while much new Offshore Drilling Rigs sits idle, or are already on the beach in South Asia and Turkey:
Øystein Stray Spetalen-backed semisub rig owner Dolphin Drilling has secured a new letter of award for the for additional work in Nigeria. The new deal gives the Euronext Growth-listed owner of three rigs the potential to extend the backlog for the...
Estimated reading time: 1 minute
Shelf Drilling keeps on picking up new contracts for their oldie jackups:
Dubai-based jackup rig operator Shelf Drilling has picked up a contract extension for one of its units working offshore Egypt. The Oslo-listed firm’s 1982-built has been booked by Belayim Petroleum Company (Petrobel) for operations in the Gulf of...
Estimated reading time: 1 minute
They have recently picked up contract extensions for several other of the rigs they “inherited” from Transocean back in 2012:
ombugge
January 12, 2023, 9:34pm
74
Some are betting on a bright and long future for offshore oil and gas.
The deepwater areas potentially contain several multitrillion cubic feet in size gas leads, with evidence of hydrocarbon accumulations from observed gas chimneys and seismic flat spots. The most prospective leads are in 1,000 meters of water, which by global standards is not deep. Conrad has a 100% working interest in these blocks
ombugge
February 7, 2023, 2:31pm
76
Magseis under new management has picked up more work in the US GoM:
Seismic data provider TGS has signed an LOA to conduct a 4D OBN survey in Walker Ridge canyon in the US Gulf of Mexico. The survey is planned to mobilise in the third quarter of 2023 with a duration of around 100 days. Kristian Johansen, CEO at TGS,...
Estimated reading time: 1 minute
ombugge
February 8, 2023, 7:43pm
77
The Swedes are coming to a gulf near you:
Stena Drilling has been awarded a contract extension by BP for 2012-built drillship . This extension will see the vessel mobilised to the US Gulf of Mexico, in direct continuation of the initial one-well programme offshore Newfoundland, for a period...
Estimated reading time: 1 minute
More work for the good ol’ boys from the Bayous??
ombugge
February 15, 2023, 9:52pm
78
Norway’s Østensjø Rederi has been selected to manage and operate the vessel its floatel unit Edda Accommodation called off at Hyundai Heavy Industries. The 155-m abandoned flotel, which has been at the Hyundai shipyard in South Korea since 2016, was...
Estimated reading time: 1 minute
More details from Østensjø Rederi:
Edda Fortis is a state-of-the-art purpose-built mono-hull flotel, designed for high-quality flotel services. The vessel has an advanced telescopic motion-compensated gangway system that provides safe and easy access to and from offshore installations. Edda Fortis can comfortably accommodate 800 people in a “home away from home” and is designed for reliable and flexible operations.
Good times are here again:
Offshore rigs, vessels, subsea and floating production storage and offloading (FPSO) activity are all set to flourish, according to a new analysis by Rystad Energy. The offshore oil and gas sector is set for the highest growth in a decade in the next...
Estimated reading time: 2 minutes
Offshore activity is expected to account for 68% of all sanctioned conventional hydrocarbons in 2023 and 2024, up from 40% between 2015-2018. In terms of total project count, offshore developments will make up almost half of all sanctioned projects in the next two years, up from just 29% from 2015-2018.
These new investments, led by the Middle East, will be a boon for the offshore services market, with supply chain spending to grow 16% in 2023 and 2024, a decade-high year-on-year increase of $21bn, Rystad Energy noted.
