Intelligent Oilfield News

 

Subsea Battery Developer EC-OG Changes Name

Jan 26, 2022

Aberdeen-based subsea battery developer EC-OG has changed its name to Verlume. The company said the name change was in preparation for 'large-scale growth at pace' and to emphasize its position as 'a clean technology leader.''As part of a strategic evolution…

Oil Plus to Develop Maintenance Strategy for DeNovo's Trinidad Offshore Platform

Dec 15, 2021

Oilfield consultancy company Oil Plus has said it has won a deal to develop the maintenance strategy and program for DeNovo’s renewable energy powered Zandolie platform, located offshore western Trinidad.The unmanned gas producing installation…

Energean Hires Halliburton for Offshore Drilling Services in Israel

Sep 15, 2021

Oilfield services firm Halliburton has secured an integrated services contract to execute a three to five well drilling and completions campaign for the Mediterannean Sea-focused oil and gas firm Energean.The U.S.-based oilfield services giant…

Schlumberger Introduces Autonomous Directional Drilling

Aug 18, 2021

Oilfield services giant Schlumberger has this week introduced a service called Autonomous Directional Drilling, which, the company says, includes solutions to steer autonomously through any section of the wellbore. According to Schlumberger…

Baker Hughes Earnings Hit by Restructuring Charges

Jul 21, 2021

Shares of energy services firm Baker Hughes slipped on Wednesday after reporting second-quarter results that fell short of Wall Street estimates as it shifts its business to technology and services that help customers transition to a lower-carbon world…

Danos Secures Construction Work in Gulf of Mexico

Jul 08, 2021

U.S. oilfield services provider Danos has won a contract with an unnamed  Gulf of Mexico operator for construction operations on two shelf assets, located approximately 80 miles off the coast of Louisiana. Work for the contract is expected to last through the end of 2021…

CNOOC Starts Production from Weizhou 11-2 Phase 2

Jun 28, 2021

Chinese oil company CNOOC said Monday it had kicked off production from Weizhou 11-2 oilfield phase II project.The Weizhou 11-2 oilfield phase II project is situated in the South China Sea's Beibu Gulf, at a water depth of around 40 meters.'In…

CNOOC Starts Production from Caofeidian 6-4 Offshore Oil Field

Mar 15, 2021

China's CNOOC on Monday said it had started production from the Caofeidian 6-4 offshore oil field in the Bohai bay, China.The Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with an average water depth of about 20 meters. 'In addition…

CNOOC Brings Online Bohai Sea Oil Field

Dec 14, 2020

China's CNOOC said Monday that its Penglai 25-6 oilfield area 3 project has started production ahead of schedule.The Penglai 25-6 oilfield area 3 project is located in the south central Bohai Sea, with average water depth of about 27 meters…

Proserv, Intelligent Plant Ink Deal Aiming to Drive Digital Evolution

Dec 11, 2020

Proserv Controls signed a strategic alliance with software engineering firm Intelligent Plant, a deal aimed to deliver advanced control systems and data analysis to provide operators with digital solutions tailored to their needs and feedback…

Pandemic Wiped 91,680 Jobs in U.S. Oilfield Services Sector

Dec 09, 2020

The U.S. oilfield services sector lost 91,680 jobs due to pandemic-related oil demand destruction, according to a monthly report compiled and published by trade group Petroleum Equipment & Services Association (PESA) on Tuesday.Demand for drilling…

HP to Help Carnegie Develop AI-Tech for Wave Energy Project

Dec 01, 2020

Australian wave energy technology developer Carnegie Clean Energy has signed an agreement with Hewlett Packard Enterprise Company (HPE) to cooperate on a project to develop a reinforcement learning-based controller for the CETO wave energy technology…

CNOOC Starts Oil Production from Liaodong Bay Field

Sep 28, 2020

Chinese oil company CNOOC said Monday that the Jinzhou 25-1 oilfield 6/11 area in Liaodong Bay, China, had started production.Jinzhou 25-1 oilfield 6/11 area is located in central Liaodong Bay in Bohai with average water depth of 22.5 meters…

CNOOC Brings Online South China Sea Oil Project

Sep 21, 2020

Chinese national oil company CNOOC has produced the first oil from the Liuhua 16-2 oilfield / 20-2 oilfield joint development project.Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in the eastern South China Sea. The…

CNOOC Brings Online Bohai Bay Oil Field

Jun 11, 2020

Chinese oil company CNOOC has started production from its Qinhuangdao 33-1S oil field phase I in the Bohai Bay.Qinhuangdao 33-1S is a shallow water oilfield, located in central and western Bohai with an average water depth of 21 meters. 'The…

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