Industry News

ADES Holding announced that its offshore jackup rig “Admarine 504” has been awarded a drilling contract in Nigeria with Brittania-U, an indigenous integrated energy company that operates across the oil and gas value chain in Nigeria. This marks the company’s first entry into West Africa.ADES will provide the rig along with its senior crew and relevant management systems to Valiant Offshore against a charter fee. In return, Valiant will fulfill its drilling obligations under its contract with Brittania-U.The value of the charter contract between ADES and Valiant is estimated at $21.8 million, which represents a percentage from the drilling contract

SLB was awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others.The projects, which will be delivered over a three-year timeframe, will combine SLB’s AI-enabled digital drilling capabilities with its expertise in ultra-deepwater environments. This approach will help SLB to repeatably and predictably deliver more consistent wells that improve cost efficiencies.The scope of the contracts will include digital directional drilling services and hardware, logging while drilling (LWD), surface logging, cementing, drilling and completions fluids, completions, and

The end of 2024 brought news of two gigs for Noble Corp rigs. First, the semisubmersible Ocean Apex has been contracted for a further period offshore Australia. This contract, which is for a minimum 37 days, will be in direct continuation of the Apex’s prior commitments in Australia, estimated to occur between Q2-Q3 of 2025.Next up, Noble and Petronas Suriname agreed for the high-specification semisubmersible rig Noble Developer to drill three wells offshore Suriname.The contract is expected to start around June 2025, with an estimated duration of 200 days. The firm contract value is approximately $84 million including additional services

Saipem was awarded a new offshore contract by Shell Nigeria for the Bonga North Project and the development of a deepwater oil field 130 km off the coast of Nigeria. Saipem’s share of the overall value of the contract is approximately $900 million.The project is related to the tieback of wells to the existing FPSO. Saipem’s scope of work encompasses the Engineering, Procurement, Construction and Installation (EPCI) of risers, flowlines, subsea umbilicals and associated subsea structures.Design and fabrication activities will be carried out locally involving Nigerian suppliers and subcontractors.This major contract contributes to the overall fleet booking until 2027.（2024-12-23）

Ventura Offshore Holding Ltd. was awarded a new contract with PetrPetrobras for the deployment of the ultra-deepwater (UDW) drillship DS Carolina to the Sepia and Atapu fields located in the Santos basin, offshore Brazil.The contract totalizes approximately $363 million for the 910-day firm contract term and includes $26 million for mobilization payments and an extension option by Petrobras for additional 305 days. The DS Carolina is expected to operate under this contract for approximately 2.5 years during its firm term, or 3.5 years assuming the extension option is exercised, commencing after the end of the current contract.DS Carolina is currently

Shell Offshore announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the US Gulf of Mexico.The development concept for Phase 3 Silvertip includes two wells tied into existing subsea infrastructure. These wells are expected to collectively produce up to 6,000 barrels of oil equivalent per day (boe/d) at peak rates. First production is expected in 2026.Perdido is a production spar in the US Gulf of Mexico, located within Alaminos Canyon, approximately 200 mi offshore south of Galveston, Texas in about 8,000 ft of

Halliburton introduced the Intelli suite of diagnostic well intervention wireline logging services to improve well insights to enable increased production, help extend asset life and reduce total cost of operations. These services can be combined or used separately.The services include the IntelliSat pulsed-neutron logging service for reservoir insights either in open hole or after a well is completed. The IntelliFlow array production logging service incorporates co-located fluid ID and flow rate sensors. The IntelliGuard corrosion evaluation service quantifies metal loss in up to seven concentric casings, and pinpoints damage without the need for costly well intervention. The IntelliScope leak and

Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire signed contracts for the acquisition of four new exploration blocks in the country’s offshore. Under the agreements, Eni will be able to explore the area for up to 9 years.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 sq km with a water depth ranging between 1,000 and 3,500 m. The company already operates 6 blocks in the Ivorian deepwater: CI-101, CI-205, CI-401, CI-501, CI-801 and CI- 802, all with the same partner, Petroci Holding.Eni has made two discoveries to date in the