Oil rig news

The platform is being constructed in the Kamennomysskoye-Sea gas field, located in the Ob Bay of the Kara Sea.

Investment in a new £3.5 million engineering assembly and test centre continues with construction reaching a key phase following the completion of the structural steel framework.

The agreement will enable co-manufacture of wireline downhole technology.

The disconnectable turret was integrated into an FSO in Shenzhen, China, and was successfully connected to the existing Lufeng 13-2 Field Moorings in the South China Sea.

The suspension will last for up to 12 months.

The payment is for the acquisition of a 22.5% working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.

Borr Drilling will now delay delivery of five newbuild jack-up rigs until mid-2022.

The Permian Basin has systematically increased its market share in nationwide horizontal oil drilling in the US, reaching 74% as of last week, according to analysis by Rystad Energy of Baker Hughes data.

The company has agreed a contract with Stena Drilling for the provision of an offshore drilling rig, with drilling planned to commence between 15 December 2020 and 1 February 2021.

The Archer Topaz modular rig has been contracted by TAQA to perform a 21-well plug and abandonment campaign for their Northern North Sea Cormorant Alpha platform.