Seadrill Bags GOM Contracts and More

Here are some of Rigzone's top upstream stories during the last week, just in case you missed them…
Seadrill Wins GOM Contracts
Seadrill revealed that Walter Oil & Gas awarded the company one firm, plus one optional, well contract for the Sevan Louisiana semi-submersible rig in the U.S. Gulf of Mexico (GOM) and that Kosmos Energy has contracted the West Neptune drillship for one firm well contract in the same region.
Will Exxon Sell Iraq Field Stake to Chinese Firms?
Bloomberg reported that China National Petroleum Corp. and CNOOC are considering acquiring Exxon Mobil Corp.’s remaining stake in an oil field in Iraq. The stake could fetch at least $500 million, according to people familiar with the matter, Bloomberg highlighted.
Oil Price Comeback Seems Unstoppable
Rystad Energy’s head of oil markets noted earlier this week that the oil price comeback seemed unstoppable since news of positive vaccine trials arrived.
Odfjell Drilling Signs Equinor Contracts for At Least 27 Wells
Odfjell Drilling has signed final rig contracts for a pair of previously announced Equinor drilling campaigns on the Norwegian Continental Shelf.
Total Awards Suriname Drilling Contract
Total E&P Suriname, Suriname Branch has awarded Maersk Drilling a conditional letter of award for a two-rig campaign offshore the South American country. The award calls on Maersk Drilling to supply the Maersk Developer semi-submersible rig and Maersk Valiant drillship for an exploration and appraisal project in Suriname’s Block 58.
Baker Hughes Reports US Rig Rebound
The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. has reported. The overall number of U.S. drilling units has risen by 10 to reach 320. Against the year-ago figure of 802, the latest total U.S. rig count is still down by 482 drilling units, however.
To contact the author, email andreas.exarheas@rigzone.com
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Total Makes Significant Oil Find
- Dana Terminates Maersk Drilling Deal
- ENOG Takes Karish North FID
- Feds Decline Comment on Exxon Permian Probe Report
- NS2 Set to Finish Bulk of Work on One Line in June
- How Quickly Will US Fossil Fuel Output Rebound?
- Total Drops API Membership
- Spirit Energy Contracts Rig for UKCS Infill Well
- US Targets CNOOC in Late Anti-China Push
- Oil Retreats as Stronger Dollar Dents Rally
- Ex-Shell Manager Joins Galp
- Paradigm Drilling Makes Strategic Deal with Oil Services Firm
- Subsea 7 Director Stevens Passes Away
- Equinor Bags Largest Ever US Offshore Wind Award
- ADNOC Creates New Directorate
- Saudis Curb Crude Supplies to Some Buyers
- Total Makes Significant Oil Find
- Dana Terminates Maersk Drilling Deal
- Total Becomes French Leader in Renewable Gas
- US Labels Houthis Terrorists After Tanker Attacks
- Executives Predict 2021-End Oil Price
- Biden Picks Energy Sec Nominee
- Shale Needs More to Boom Again
- Canada Gov Supports Hibernia Project
- Troops Fight Off Attack Near $20B LNG Project
- India Asked to Pay $1.2B to Cairn
- Pacific Drilling Expects Ch11 Emergence by End 2020
- Qatar and Four Arab States to Fully Restore Ties
- BLM Finalizes Alaska Activity Plan
- OGUK Reacts to Brexit Deal