Page 23 - Offshore Engineer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Valaris Drillship Goes Adrift off Scotland Maritime Activity Reports, Inc. Credit: Kees Bustraan/MarineTraffic.com A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland. According to BBC, which was the first to report on the incident on Wednesday, "a major rescue operation has been ongoing overnight," when the 228 meters drillship, Valaris DS4, broke free and started drifting without power. According to the news agency, coastguard rescue teams, vessels, and a helicopter were dispatched to the scene, and no injurie...

For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation While the details vary by country, the licensing round process has, in general, become too prone to delays and uncertainty By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future…

Pacific Khamsin with an offshore drilling project in Mexico. According to Offshore Engineer’s website OE Digital yesterday, Petronas will take the drillship on a one-well contract, starting from the third quarter of 2021 (3Q21). The day rate for one firm well for the Pacific Khamsin contract with Petronas is US$192,000 (RM777,600), and includes the lump sum mobilisation fee amortised over the firm contract period. Apart from one firm well for the drillship, Petronas has two priced option wells and two additional option wells at market rates. Pacific Khamsin is currently located in the US G...

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the continent was had reason to expect a “more productive 2020.” Instead, the unforeseen happened, and the COVID-19 pandemic had a devastating impact on the oil and gas industry in Africa and around the world. But even at the end of last year, during a fairly strong period for oil and gas, the publication mentioned that “delays and hiccups” were impacting licensing rounds — that is, the ...

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In late 2019, as the African oil and gas industry was looking to the future with