Oil rig news

The Ministry of Mines and Hydrocarbons of Equatorial Guinea has granted ExxonMobil a six-month extension for offshore blocks EG06 and EG-11.

The Trident XIV Jack-up rig is undertaking workover operations offshore Nigeria.

The rig has been named the "IMI-2030".

The well was drilled with a floating jack-up rig Neptune, mounted on a riser block platform.

The agreements will be awarded to Aker Solutions AS, Axess AS, Oceaneering Asset Integrity AS and IKM Operations AS, taking effect from 1 January 2020.

The company has announced a major rig fleet expansion programme to support its upstream growth plans and enable the delivery of its 2030 Smart Growth Strategy.

The Mærsk Developer semi-submersible rig is expected to begin operating offshore Trindad and Tobago for BG International Ltd in 1Q20.

Drilling operations at the TLP-103C-ST well offshore the Republic of the Congo could commence either in 1Q20 or 2Q20, dependent on the rig’s current commitments.

The subsea robotics specialist is set to add to its ranks at its Middle East base due to a rise in demand for its services following a successful first year in the region.

Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.