Transocean has secured work for its Transocean Barents and Transocean Norge drilling rigs.
Drilling & production
The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.
New Mexico's record production in March was a result of both new wells coming online for the first time and existing wells coming back online after being shut in during the cold snap.
More Drilling & production news
The US$2 billion contract will see the consortium provide engineering, procurement, construction and commissioning (EPCC) services for the development of an onshore oilfield that will generate up to 200 000 bpd.
The joint venture, which also includes Qatar Petroleum and CNRI, is considering an early production system for Block 11B/12B to provide first gas and condensate production from the Luiperd prospect.
The contract with Chevron is for the ultra-deepwater drillship Valaris Relentless (DS-18), a GustoMSC P10,000 design.
The new company is expected to produce 108 000 to 114 000 boe/d in 2022, with adjusted core earnings between US$750 million and US$800 million.
The company has reached an agreement with Jurong Shipyard Pte Ltd on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan.