Trillion lines up spud for Turkish gas bonanza
Trillion Energy International’s Uranus rig has arrived on site for drilling offshore Turkey, with the aim of bringing on new gas production by the end of October.
Rigs & Vessels
Seadrill sells Saudi jack-ups to ADES
Saudi Arabia’s ADES has struck a deal to buy seven jack-ups from Seadrill for $628 million in cash.
TAQA to snap up AMPS in wider MENA move
Saudi Arabia’s TAQA has struck a deal to buy Al Mansoori Petroleum Services (AMPS) for an undisclosed amount.
Yemen oil appeal inches closer to $80mn target
The appeal to raise $80 million to prevent an oil slick disaster off Yemen has come a little closer following a $1.2mn donation from HSA Group.
Adnoc Drilling adds another premium jack-up to fleet
Adnoc Drilling has bought its fourth jack-up rig this year, bringing its total to 28, one of the largest such fleets in the world.
Adnoc awards $1bn barge contract to Adnoc L&S
Adnoc has awarded a $1.17 billion contract to its Adnoc Logistics & Services (L&S) unit to provide 13 self-propelled jack-up barges.
Hezbollah issues threat against Karish’s September start
Hezbollah head Hassan Nasrallah has issued a new threat to Israel’s activities offshore, including around Energean’s Karish development.
Adnoc L&S snaps up Zakher Marine International
Adnoc Logistics & Services is buying Zakher Marine International (ZMI), an Abu Dhabi-based owner operator of offshore support vessels (OSVs).
UK stumps up another £2mn for Yemen’s floating oil threat
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Lamprell warms up to joint bid
Lamprell’s two suitors, Blofeld Investment Management and Al Gihaz Holding, have teamed up to make an offer for the company.
Israel shoots down Hezbollah drones headed for Energean FPSO
Israeli forces have shot down three Hezbollah drones that appeared to be heading for the recently arrived FPSO on the Karish field, in the Mediterranean Sea.
Lamprell shareholder considers offer
A potential offer may be in the offing for Lamprell, which announced recently it was seeking a buyer to help it solve its liquidity issues.
Lamprell posts for sale sign amid severe liquidity issues
Lamprell (LON:LAM) faces “urgent and severe liquidity constraints”, the company has admitted, with an immediate need for $75 million, due in June and July this year.
Seadrill lands trio of rig contracts worth $361 million
Seadrill (XOAS: SDRL) has been awarded a series of contract extensions for a trio of oil rigs in the Arabian Gulf.
Shelf Drilling wins Aramco extension to 2025
Saudi Aramco has extended its contract with Shelf Drilling for a jack-up rig in the Arabian Gulf.
Israel will secure Energean FPSO, warns off Lebanon
The Israeli government has stepped in to warn off Hezbollah and Lebanon from interfering with the recently arrived Energean Power FPSO, on the Karish field.
International Seaways sells Qatari FSOs
NYSE-listed International Seaways has completed the sale of a 50% stake in two FSOs in Qatar to Euronav.
Castoro 10 arrives in Black Sea as Sakarya aims for 2023
Saipem’s Castoro 10 has crossed through the Dardanelles to begin work laying pipelines for Turkey’s Sakarya field, aiming for first gas in the first quarter of 2023.
Energean FPSO arrives in Israel
Energean’s FPSO has arrived offshore Israel, aiming to begin producing from the Karish field in the third quarter.
Adnoc L&S orders more LNG carriers from Chinese yard
Adnoc L&S has ordered three more LNG vessels, larger than its current fleet, with delivery in 2025-26.
Eni spuds Cronos well off Cyprus
Eni and TotalEnergies have begun drilling the Cronos-1 well offshore Cyprus.
Lamprell delivers new ‘state-of-the-art’ jack-up rig
Lamprell has successfully delivered the first jack-up drilling rig for International Maritime Industries (IMI).
Offshore rig day rates heading for highest level in ‘almost a decade’
The offshore drilling rig market is “much tighter” than previously thought, according to new analysis, with some segments “nearly sold-out”.
Cash needed to defuse Yemen’s floating oil bomb
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.
Lamprell to kick off jack-up refurb this month
Lamprell has teased an upcoming contract for jack-up refurbishment in the Middle East without releasing many details.