Esgian supplies an replace on new rig offers in its Week 30 Rig Analytics Market Roundup.
Report Abstract
Contracts
Valaris has been awarded a multi-year contract with Equinor Power do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17. The contract pertains to work on Mission Raia offshore Brazil.
Noble Company has secured a one-well contract for 350-ft jackup Noble Resolve with Central European Petroleum (CEPetro) offshore Poland. The upcoming work will mark Noble’s first drilling marketing campaign in Polish waters.
Etesco Construções e Comércio Ltda has secured a win in Petrobras’ tender for a jackup drilling rig to conduct P&A operations and help with decommissioning of fastened platforms at a number of mature growth fields in Brazil.
Petrobras has exercised a 279-day choice for Transocean 10,000-ft drillship Deepwater Mykonos offshore Brazil at a dayrate of $366,000.
Transocean has confirmed that 12,000-ft drillship Deepwater Invictus was lately awarded a 40-day contract extension within the US GOM, preserving the rig working into August 2024.
Transocean 12,000-ft drillship Deepwater Atlas has been awarded a brand new two-well contract within the US GOM with Beacon Offshore Power at a dayrate of $580,000.
T7 World Berhad subsidiary Tanjung Offshore Companies Sdn. Bhd. has secured a letter of award from Petronas Carigali for the supply of a low-cost jackup drilling rig for a 53-well plug and abandonment program, understood to be offshore Malaysia.
Saipem 375-ft jackup Perro Negro 7 will start its contract suspension from work with Saudi Aramco within the fourth quarter of 2024. This suspension is for as much as 12 months.
Drilling Exercise and Discoveries
Galp is making ready to drill the primary of 4 new exploration and appraisal wells offshore Namibia within the fourth quarter of 2024 and has secured lengthy lead gadgets, rig, logistics and properly service contracts for the work.
Accomplice Woodside has confirmed that TotalEnergies spud the Niamou Marine01 exploration properly on Marine XX offshore Republic of Congo in late Could 2024.
Transocean now expects an upcoming contract for one in every of its ultra-deepwater drillships offshore Mexico to start in early 2026 and has expanded the collection of rigs it may assign to this work.
Demand
Antler World Restricted has initiated discussions with rig house owners with the intention to safe a jackup to drill a deliberate properly on block EG-08 offshore Equatorial Guinea within the second half of 2025.
Bunduq has issued a market survey for one jackup to work on the El Bunduq oil subject in 2025.
Energean has taken the Closing Funding Determination (FID) for the Katlan growth undertaking in Israel.
Brazilian state oil firm Petrobras has put out a brand new tender for as much as 4 floating rigs.
Mobilisation/Rig Strikes
Valaris’ 400-ft jackup, the Valaris 123, has accomplished its contract with Ithaca Power within the UK North Sea and is shifting on to its project with Shell.
The Odfjell Expertise-managed 450-ft jackup Linus has accomplished its Particular Periodic Survey (SPS) and upgrades at a yard in Norway.
Velesto Power 375-ft jackup Naga 6 has entered Labuan Shipyard in Malaysia for its particular periodic survey.
ADES’ 250-ft jackup Admarine 262 left Bahrain on Wednesday, 24 July, and is now on its method to Egypt.
Rig Gross sales
Ventura Offshore has accomplished its beforehand introduced acquisition of the 2013-built 10,000-ft sixth era semisubmersible SSV Catarina.
Different Information
Following the provisional award of three blocks as a part of the thirty third UK offshore licencing spherical, Parkmead has now been formally awarded the P2634 licence by the UK Authorities’s North Sea Transition Authority (NSTA).
Canada’s Tenaz Power has entered into an settlement with Nederlandse Aardolie Maatschappij B.V. (NAM), a 50/50 three way partnership between Shell and ExxonMobil, to amass the entire issued and excellent shares of NAM Offshore B.V. (NOBV), which is able to make Tenaz the second-largest operator within the Dutch North Sea.
ONGC Videsh Restricted, a subsidiary of Indian state oil firm ONGC, has signed a definitive sale buy settlement to amass a 0.615% taking part curiosity within the Azeri Chirag Gunashli (ACG) oil subject offshore Azerbaijan from Equinor.
The Decrease Saxony Division for Water, Coastal and Nature Conservation (NLWKN) has ordered instant enforcement of all licences granted to ONE-Dyas associated to building operations for the N05-A undertaking within the North Sea.
Dolphin Drilling’s $20 million financial institution assure submitted as a part of an ongoing arbitration course of with Basic Hydrocarbons Restricted (GHL) has been discharged and is not in impact.
Marine engineering and shipyard firm Seatrium acknowledged that it has secured contracts for the refit of two jackups and two drillships.
Pancontinental Power and Woodside are persevering with the interpretation and evaluation of seismic information for licence PEL 87 within the Orange Basin offshore Namibia.
UK-based KCA Deutag and the U.S.-based Helmerich & Payne, Inc. (H&P) have introduced a definitive settlement beneath which KCA Deutag might be acquired by H&P for $1.9725 billion in money.
The ready interval beneath the Hart-Scott Rodino Antitrust Enhancements Act of 1976 for the pending merger of offshore drilling contractors Noble Company and Diamond Offshore has expired.
Hibiscus Petroleum Berhad’s oblique wholly-owned subsidiary, Hibiscus Oil & Fuel Malaysia Restricted (HML), has been awarded a 65% taking part curiosity and operatorship in a Manufacturing Sharing Contract (PSC) situated offshore Malaysia by Petronas.
Jadestone Power has been awarded by the Malaysia Bid Spherical Plus (MBR+) a 100% taking part curiosity in a Small Area Asset Manufacturing Sharing Contract (SFA Cluster PSC) offshore Peninsular Malaysia by Petronas.
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