Everything about Sale of existing platforms: past, present, and future - Offshore

The new owner will use the rigs for non-drilling functions as part of their planned Fast LNG task. "These transactions will contribute to the required justification of the global drilling rig fleet and they are further in line with Maersk Drilling's tactical concern of keeping a fleet of modern-day, premium possessions.

Drilling company prepared to buy several rigs from Fredriksen's Seadrill

Guardian is an ultra-harsh environment jack-up rig which has previously been converted into an accommodation system. It was delivered in 1986 and has actually been warm-stacked in Esbjerg, Denmark after ending its newest agreement offshore Denmark in 2020. Mrsk Gallant is an ultra-harsh environment jack-up rig that was delivered in 1993.

After both deals are closed, Maersk Drilling's fleet will count 12 jack-up rigs, of which 11 are fit for operations in severe environments, and 8 floaters. The deals do not change Maersk Drilling's monetary guidance for 2021. Associated News/// FROM THE ARCHIVE///.

"They have actually now thrown the ball back in our court and asked us to provide concrete evidence on the different points we object to,"Mr. Kinsey stated. "But how do  Learn More Here  give proof of the feeling one gets when walking along a New Jersey or Long Island beach, looking out to sea with an unobstructed view? And why is it required to frighten people by proposing to sell tracts nearby?"John Harmon, chief of the overseas section of New york city's Bureau of Mineral Resources, stated that in October the state likewise requested the exemption of tracts north of an east-west line that runs 25 to 50 miles south of Long Island.

Demand For Offshore Oil Rigs To Return In 2022 - OilPrice.com

Jack-up rigs

All about PURCHASE AND SALE AGREEMENT by Hercules Offshore

Harmon stated. Mr. Kinsey kept in mind that in any case, federal government and industry experts say it is doubtful any gas or oil would be discovered within 50 miles of the coast anywhere from Cape Might to Montauk Point. Drilling in the Baltimore Canyon location southeast of New Jersey got under way in 1978 and has given that produced 28 holes.

Mr. Watt firmly insists that estimates of what lies under undiscovered offshore tracts are "really not much better than best guesses"that can not be made more accurate "until there has been exploratory drilling."The "area-wide principle"under which the Reagan Administration shell out offshore drilling rights is "designed to motivate the advancement and execution of varied exploration strategies, instead of restrict them as in the past,"Mr.