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Dolphin Drilling scraps Nigeria semisub deal

Semisub rig owner Dolphin Drilling has terminated a contract with Peak Petroleum in Nigeria for its 1974-built Blackford Dolphin. The Øystein Stray Spetalen-backed company said the move followed the “continued breach of the contract” between the companies. The firm contract signed in March, which came after the letter of award in January, was to give the Euronext Growth-listed owner of three rigs the potential to extend the unit’s backlog by a minimum of 120 days and up to 485 days. The deal at $325,000 per day, including mobilisation was meant to be a direct continuation of the previously announced 12-month contract with General Hydrocarbons that expires in the first quarter of 2024. In October, Dolphin Drilling won the Oil India rig tender for a 14-month firm contract, which includes extension options for seven months. The start-up for the drilling campaign is expected in the second or third quarter of 2024, with the currently smart stacked 1977-built and later upgraded Borgland Dolphin earmarked for the job. Dolphin could potentially now send the Blackford unit to India once it comes off contract with General Hydrocarbons. Dolphin Drilling owns a fleet of three fourth- and fifth-generation enhanced Aker H3 semis. In June, the company snapped up a pair of Transocean rigs, the 1987-built Paul B Loyd Jr and the Transocean Leader, in a deal worth $61.5m. Nigeria

Constellation awarded rig extension deals by Petrobras

Brazilian offshore driller Constellation Oil Services has secured contract extensions from Petrobras for two of its rigs. Brazil’s state-controlled energy giant has opted to keep the 1976-built semisub Atlantic Star in operation until January 2025. Meanwhile, the 2012-built drillship Amaralina Star has been secured for an additional 12 months keeping it working offshore Brazil into October 2025. In related Petrobras news, two tenders have been recently launched for to hire of offshore well intervention rigs. Under the first tender, Petrobras is seeking two riser-based units for water depths of up to 2,400m, while the second call is for a riserless unit for water depths of up to 1,500m. Brazil

PGS secures contract work for seismic vessel in Asia Pacific

Norwegian seismic player PGS has been awarded a 3D exploration contract in Asia Pacific. The survey is scheduled to start in December and has a total duration of approximately 50 days. The Oslo-listed PGS said it will mobilise its seismic vessel Ramform Sovereign for the project. The 2008-built vessel previously worked on a multi-client 3D campaign in the Sarawak Basin, offshore Malaysia. “We are very pleased with this contract award securing work for the Ramform Sovereign into first quarter next year. Most of our activities in Asia Pacific this year have been well pre-funded multiclient projects. Now we are experiencing increasing contract tendering activity and see potential for more proprietary work in the region,” said Rune Olav Pedersen, president and CEO of PGS. Norway

DEME forms offshore wind partnership in Greece

Belgian marine contractor DEME and Greek renewable energy developer and independent power producer Faria Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. The opportunity for offshore wind development in Greek waters is expected to increase in the coming years. The Greek government recently set out its ambition to deliver at least 4.9 GW of offshore wind energy capacity by 2030-32. That ambition stretches to a potential 12.4 GW of capacity, spread across as many as 25 identified sites, after the 2030-32 horizon. The two companies said they plan to comprehensively assess Greece’s maritime area, identifying optimal sites for offshore wind farm development. The scheme includes conducting in-depth research and exploration, engaging with stakeholders and local communities, and supporting and creating synergies with the domestic supply chain. Kristof van Loon, general manager at DEME Concessions, commented: “As the world’s leading offshore wind contractor, we possess a proven track record spanning over two decades. DEME’s in-house expertise and extensive collaborations with industry leaders across Europe, Asia, and the US make us a valuable partner in this endeavor. Teaming up with FARIA Renewables, a company that shares our commitment to a sustainable future and recognises offshore wind as a cornerstone of Greece’s clean energy transition, is an exciting step forward.” Thalia Valkouma, president and CEO at Faria Renewables, added: “Our involvement in the development of offshore wind projects is now taking a significant step forward, and we are excited to contribute to the mid- and long-term expansion of the offshore wind sector in our country, helping Greece achieve its goals and transforming into a major energy producer and exporter.” Greece

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