Esgian Week 30 Report: New Deals for Valaris, Noble and Transocean
Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17. The contract relates to work on Project Raia offshore Brazil.Noble Corporation has secured a one-well contract for 350-ft jackup Noble Resolve with Central European Petroleum (CEPetro) offshore Poland.
Liquefied Gas Cargo Containment Innovations Receive ABS AiPs
ABS awarded approval in principle (AiP) to two new developments from Jiangnan Shipyard: a new insulation system and a modern design for an ultra large ethane carrier (ULEC).The ULEC design is the first equipped with the next-generation BrilliancE® II Type-B cargo containment system, a modern cryogenic liquefied gas containment system designed to optimize ship performance. The second AiP was awarded for Jiangnan’s patented insulation system…
Baker Hughes Bets on Foreign Demand
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates, banking on strong international growth and demand for gas equipment.Shares of the company, which beat analysts' estimates for second-quarter profit on Thursday…
Blinken Applauds Diplomacy at ASEAN Meeting
U.S. Secretary of State Antony Blinken criticised Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence with ally Seoul for the Korean peninsula.Blinken singled out China over its coast guard's hostile actions against U.S. defence treaty ally the Philippines…
Russian Warships Make Routine Visit to Cuba
Havana residents watched from shore on Saturday as Russian warships arrived for the second time in as many months, in a visit that Cuba called routine.Cuban authorities fired shots into the air to signal their welcome, while curious fishermen watched from Havana's waterside promenade as the ships advanced up the bay. Russian residents were also among the few up early to see the fleet's arrival.The patrol ship Neustrahimiy…
