Seadrill Bags GOM Contracts and More

Oil & Gas

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them…

Seadrill Wins GOM Contracts

Seadrill revealed that Walter Oil & Gas awarded the company one firm, plus one optional, well contract for the Sevan Louisiana semi-submersible rig in the U.S. Gulf of Mexico (GOM) and that Kosmos Energy has contracted the West Neptune drillship for one firm well contract in the same region.

Read full article here

Will Exxon Sell Iraq Field Stake to Chinese Firms?

Bloomberg reported that China National Petroleum Corp. and CNOOC are considering acquiring Exxon Mobil Corp.’s remaining stake in an oil field in Iraq. The stake could fetch at least $500 million, according to people familiar with the matter, Bloomberg highlighted.

Read full article here

Oil Price Comeback Seems Unstoppable

Rystad Energy’s head of oil markets noted earlier this week that the oil price comeback seemed unstoppable since news of positive vaccine trials arrived.

Read full article here

Odfjell Drilling Signs Equinor Contracts for At Least 27 Wells

Odfjell Drilling has signed final rig contracts for a pair of previously announced Equinor drilling campaigns on the Norwegian Continental Shelf.

Read full article here

Total Awards Suriname Drilling Contract

Total E&P Suriname, Suriname Branch has awarded Maersk Drilling a conditional letter of award for a two-rig campaign offshore the South American country. The award calls on Maersk Drilling to supply the Maersk Developer semi-submersible rig and Maersk Valiant drillship for an exploration and appraisal project in Suriname’s Block 58.

Read full article here

Baker Hughes Reports US Rig Rebound

The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. has reported. The overall number of U.S. drilling units has risen by 10 to reach 320. Against the year-ago figure of 802, the latest total U.S. rig count is still down by 482 drilling units, however. 

Read full article here

To contact the author, email

Products You May Like

Articles You May Like

Morgan Stanley just upgraded a global energy stock it says has ‘significant’ potential for growth
SpaceX Starlink available in Haiti
Goldman Sachs says buy oil-stock pullbacks, highlighting a Club name to purchase
Coinbase warned by SEC of potential securities charges
Oil rebounds after Brent prices slipped under $72 per barrel amid banking turmoil

Leave a Reply

Your email address will not be published. Required fields are marked *