Esgian gives an replace on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.

Report Abstract

Contracts

Transocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp within the US GOM.

Norwegian operator Aker BP has prolonged the contract for Saipem’s 10,000-ft semisub Scarabeo 8 in Norway.

Drilling Exercise and Discoveries

Equinor has discovered hydrocarbons on the Sitka C-02 exploration effectively within the Flemish Go space offshore Newfoundland & Labrador, Canada, however acknowledged that Sitka is presently categorised as a technical discovery and isn’t commercially viable.

The Norwegian Ocean Business Authority (Havtil) has given DNO Norge consent for exploration drilling in block 35/10 within the North Sea.

LLOG has began drilling the Who Dat South exploration effectively within the US Gulf of Mexico, utilizing Seadrill’s 12,000-ft drillship West Neptune.

Equinor and its companions have confirmed fuel/condensate in improvement effectively 6406/2-L-2 H, situated 260 kilometers southwest of Brønnøysund, Norway.

CNOOC Ltd. has made a pure fuel discovery on the Liwan 4-1 construction within the Pearl Mouth River Basin offshore China.

As Tropical Storm Francine strikes by way of the US GOM, the Bureau of Security and Environmental Enforcement (BSEE) reported that personnel have been evacuated from two non-dynamically positioned rigs, whereas three dynamical positioned rigs have moved off location out of the storm’s path as a precaution.

Drilling on the Energean-operated Anchois-3 effectively offshore Morocco is continuous, however reservoirs within the pilot gap have been discovered to be water bearing.

As Hurricane Francine continues to maneuver by way of the US GOM, personnel have been evacuated from three non-dynamically positioned rigs whereas 4 dynamically positioned rigs have moved off location out of the storm’s path, in keeping with US company the Bureau of Security and Environmental Enforcement (BSEE).

The Norwegian Ocean Business Authority (Havtil) has given Equinor consent to make use of the 1,640-ft semisub Transocean Enabler for manufacturing drilling and completion of two wells situated within the Barents Sea off Norway.

Dolphin Drilling’s 1,969-ft semisub Paul B. Loyd, Jr. has accomplished operations at Harbour Power’s North West Seymour improvement effectively and moved on to drill the Gilderoy effectively within the UK North Sea.

Demand

In relation to the outcomes of the UK’s thirty third Licencing Spherical Purposes, Hartshead Assets has acquired from the North Sea transition Authority (NSTA) letters of supply and licence documentation masking 6 new oil and fuel licences, which cowl 10 offshore blocks.

Sunda Power acknowledged on Monday that negotiations to safe using a drilling rig for the Chuditch-2 appraisal effectively offshore Timor-Leste have been ongoing and progressing effectively.

Parkmead plans to drill an exploration effectively concentrating on the Skerryvore prospect within the UK North Sea earlier than the fourth quarter of 2025.

Mobilisation/Rig Strikes

Noble’s 350-ft jackup Noble Resolve has accomplished its contract with Ineos within the Danish North Sea.

The 350-ft jackup Valaris 148 has moved to Abu Dhabi Free Port within the UAE.

Seadrill’s 10,000-ft drillship West Capella has accomplished its contract in Indonesia.

COSL’s 375-ft jackup COSLSeeker has departed Saudi Arabia following the latest suspension of its contract.

Rig Gross sales

Vantage Drilling has agreed to promote its 375-ft jackup rigs Soehanah and Topaz Driller to ADES Worldwide Holding for $190 million.

Different Information

Seoul-based SK Earthon, SK Innovation’s oil and fuel exploration and manufacturing subsidiary, has signed a Manufacturing Sharing Contract (PSC) for the Ketapu Cluster, situated off the coast of Sarawak, offshore Malaysia.

The three way partnership companions for Block 11B/12B offshore South Africa have obtained an extension to the deadline for the submission of an environmental affect evaluation report back to 19 Could 2025.

The Norwegian authorities have acquired purposes from 21 firms within the Awards in predefined areas (APA) 2024 licencing spherical.

Bangladesh Oil, Gasoline & Mineral Company (Petrobangla) has prolonged its Discover Inviting Bids for Oil and Pure Gasoline Exploration Below Bangladesh Offshore Bidding Spherical by three months, to 9 December 2024.

Chevron and its three way partnership accomplice Nigerian state oil firm NNPC Ltd have transformed 5 of their three way partnership belongings from 5 Oil Mining Leases (OMLs) to 4 Petroleum Prospecting Licenses (PPLs) and 26 Petroleum Mining Leases (PMLs).

Harbour Power and Mubadala Power have secured an offshore licence in Indonesia, additional strengthening their presence within the area.

Seadrill acknowledged that its 10,000-ft drillship West Gemini, presently working for TotalEnergies offshore Angola, will endure some out-of-service time in 2025 for calendar-based upkeep.



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