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Baker Hughes and Akastor announce JV company to deliver global offshore drilling solutions

Baker Hughes and Akastor have announced an agreement to create a joint venture company that will bring together Baker Hughes Subsea Drilling Systems (SDS) business with Akastor s wholly owned subsidiary, MHWirth. The Company will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad portfolio of products and services. ....

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Sweden: Vestas adds 67 MW EnVentus order along with a long-term service agreement in Sweden

Vestas has bolstered its Swedish pipeline with a 67 MW order for the Grönhult project in southwest Sweden from The Renewables Infrastructure Group (TRIG). Vestas will supply, install and commission 12 V162-5.6 MW turbines, part of Vestas’ EnVentus platform. ....

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Norway: Odfjell Drilling signs contract with Lundin Energy Norway

Norway: Odfjell Drilling signs contract with Lundin Energy Norway
02 Mar 2021
Odfjell Drilling announced the award of letters of intent with
Lundin Energy Norway for the use of the
Deepsea Stavanger, Odfjell has now confirmed that a final contract for the drilling campaign has now been signed.
The duration of the contract is changed to three (3) firm wells plus six (6) optional wells. The firm scope has a contractual value of approx
USD 33 million.
Deepsea Stavanger (Source: Odfjell Drilling) ....

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Mongolia: Petro Matad announces Block XX operational update

Mongolia: Petro Matad announces Block XX operational update
01 Mar 2021
Covid-19 situation in Mongolia
Mongolia had effectively contained the COVID-19 virus in country until November 2020. Since then the number of cases in the community led to the imposition of tight restrictions and to date there have been three lockdowns. The total number of cases in Mongolia is approaching 3,000 and since the start of the year Ulaanbaatar has been on a high alert level with business operations restricted and government agencies working on a rotational basis. A full lockdown was established for 12 days over the Lunar New Year holiday period ending on 23 February. During the lockdown the government carried out mass testing of the population with 500,000 people in the city of 1.5 million tested. A vaccination programme has now begun with the goal to complete vaccination of 60% of the country s population by the third quarter of 2021. The government has introduced a $3.5 billion compreh ....

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Norway: Neptune Energy commences Dugong appraisal drilling

Neptune Energy has announced drilling has commenced on the Dugong appraisal well, located in the Norwegian sector of the North Sea. The Neptune-operated Dugong discovery, in Production Licence PL 882, was one of the largest discoveries on the Norwegian Continental Shelf in 2020. Neptune estimates recoverable resources to be between 40 - 120 million barrels of oil equivalent (boe). ....

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