Oil rig news

The contracts will take effect before the end of 2022, have a three-year firm period, and three one-year options. The vessels will support Equinor’s activities on the Norwegian Continental Shelf.

Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.

95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.

The contracts are part of a longer-term Alliance Agreement with CHC which will enable Neptune and CHC to optimise flight scheduling and route planning, and reduce the total number of offshore flights.

ADC Energy has secured a contract worth more than US$1 million to deliver baseline condition assessments for five vessels for a North American company.

Well-Safe Solutions’ Well-Safe Protector jack-up rig will carry out the plug and abandonment of at least four subsea and 17 platform wells located in Dutch and UK waters.

Tendeka has signed a new multi-year contract extension to exclusively deliver standardised sand-face completion equipment across all Equinor’s assets on the Norwegian Continental Shelf. The agreement will see Tendeka manage the complete supply chain of sand and inflow control equipment through standardisation.

Serica’s net well cost after tax is anticipated to increase by approximately £3 million as a result of the delays and it is now expected that results from the well will be available in December 2022.

The deal is the first scope agreed for the Well-Safe Defender semi-submersible rig, which Well-Safe Solutions purchased in June 2022.

The company will use the funds for the purchase of its third rig.