Drillers added five oil rigs in the week to April 21, bringing the total count up to 688, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 21.

The vessel will be performing well intervention services under a multiyear contract with Petrobras, according to a Business Wire news release.

The valve is an ultra-HP/HT version of Interventek’s Revolution safety valve for in-riser landing string systems.

The Skandi Búzios pipelay support vessel, owned by the 50-50 joint venture formed between TechnipFMC and DOF Subsea, has started its eight-year charter contract with Petrobras, as scheduled on April 13, according to a news release.

Drillers added 11 oil rigs in the week to April 13, bringing the total count to 683, the highest since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 13. At this time a year ago, there were 351 active oil rigs.

Drillers added 10 oil rigs in the week to March 31, bringing the total count up to 662, the most since September 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said March 31. During the same week a year ago, there were 362 active oil rigs.

Michael Reimer Mortensen, vice president and head of global sales at Maersk Drilling, said the company has secured three new contracts in the past four months.

GE (NYSE: GE) and Noble Corp. (NYSE: NE) will collaborate on the Digital Rig solution, which aims to cut operational expenditures across the rigs by 20% using data analytics, according to a news release.

Alberta, which produces about 80% of Canada's crude, had more than 1,500 orphan wells in February, up from 26 in 2012, Reuters reported.

Fredriksen's private investment vehicle Seatankers bought the new West Mira rig from the Hyundai Samho Heavy Industries Shipyard for an undisclosed sum just one week ago, Reuters reported.

Drillers added 14 oil rigs in the week to March 17, bringing the total count up to 631, the most since September 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said March 17. During the same week a year ago, there were 387 active oil rigs.

The Pacific Bora, a sixth-generational double-hulled drillship, is currently in Nigeria. It should be mobilized to the Oyo Field and on site in June, and can be used for drilling and well completion, the press release said.

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