Offshore Well Operations News

 

Baker Hughes Buys Well Intervention Firm Altus Intervention

Mar 22, 2022

Oilfield services giant Baker Hughes has agreed to acquire Norway-based well intervention specialist Altus Intervention.The company said the acquisition of the well intervention services and down-hole oil & gas technology company, complemented Baker Hughes’ existing portfolio of oilfield technologies and integrated solutions. Baker Hughes said the acquisition would boost the company's life-of-well capabilities as operators look to improve efficiencies from mature fields…

Odfjell Technology Nets Wellbore Cleanup Deal with Petronas

May 19, 2022

Offshore operations and well services provider Odfjell Technology has won a three-year contract with Petronas in Malaysia. The company will provide all required tools, chemicals, and services for the Petronas' wellbore cleanup operations in East Malaysia…

Well Integrity and P&A: HydraWell and READ Agree to Merge

May 16, 2022

Norway's HydraWell and UK-based READ have agreed to merge to create a well integrity specialist focused on late-life oilfield activities, including permanent plugging and abandonment of hydrocarbon wells.According to a statement issued Monday…

Baker Hughes, Halliburton, Schlumberger, Others Win $2,1B in Drilling, Services Deals with Equinor

May 06, 2022

Oilfield services giants Baker Hughes, Halliburton, and Schlumberger have signed a contract extension with the Norwegian oil and gas company Equinor for the integrated drilling and well services on Equinor-operated fields offshore Norway.Equinor said Friday it was…

Helix in Multi-year Well Intervention Deal with Shell in U.S. Gulf of Mexico

Apr 01, 2022

Helix Energy Solutions Group, a U.S. offshore oil, and gas well services company, has signed a multi-year deal with Shell to provide Well Intervention services in the Gulf of Mexico.Under the contract Helix will provide either the Q4000 or Q5000 riser-based semi-submersible well intervention vessel…

McDermott Wraps Bayu Undan Field Infill Work

Mar 10, 2022

Offshore services firm McDermott International said Thursday it had recently completed work under its first subsea, engineering, procurement, construction and installation (EPCI) contract with Australia's oil and gas firm Santos for the Bayu-Undan Infill Well Phase 3C Project in the Timor Sea…

Helix Vessel Deal Lifts Siem Offshore's Backlog to $440M

Mar 09, 2022

Norwegian offshore vessel owner Siem Offshore said Wednesday it had entered into agreements with the U.S. offshore well intervention firm Helix Energy Solutions for its Siem Helix 1 and Siem Helix 2 vessels.The new deal for the offshore well…

Bridge Petroleum Taps Fraser for Bardolino Field Services

Mar 09, 2022

Bridge Petroleum has awarded Fraser Well Management (FWM) and Fraser Integrity Management (FIM) a contract to supply well and pipeline operator services for its Bardolino field in the UK North Sea.Bridge Petroleum has recently increased its…

ExxonMobil Hires Velesto for Well Work Offshore Malaysia

Feb 22, 2022

Malaysian oilfield services company Velesto Energy has, through its subsidiary Velesto Workover, received a letter of award from ExxonMobil for the provision of a hydraulic workover unit and services in Malaysia.The duration of the contract…

Drilling Growth: ADNOC Drilling, Schlumberger, Halliburton, Weatherford Net ADNOC Deals

Feb 18, 2022

Abu Dhabi National Oil Company (ADNOC) on Thursday awarded framework agreement awards worth $1.94 billion 'to enable drilling growth.'The company, which plans to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030…

Exxon Taps Uzma for Electric Wireline Logging Services in Malaysia

Feb 14, 2022

Malaysian oilfield services firm Uzma has received a Letter of Award from ExxonMobil Exploration and Production Malaysia Inc. for the provision of non-rig assisted electric wireline logging equipment and services.The contract is for the provision…

Odfjell Drilling to Spin Off Well Services and Energy Arms into Odfjell Technology

Jan 31, 2022

Norwegian offshore drilling company Odfjell Drilling said Monday it was contemplating spinning off its Well Services and Energy segments into a newly established company, Odfjell Technology. The plan is also to list the shares in Odfjell Technology on the Oslo Stock Exchange…

EnQuest Taps Uzma for Offshore Well Work in Malaysia

Jan 28, 2022

Oil company EnQuest has awarded a contract to the Malaysian oilfield services company Uzma Engineering for the provision of a hydraulic workover unit for EnQuest's 2022 workover program in Malaysia.Uzma's work scope includes integrated hydraulic…

NEO Energy Extends Well Services Agreement with Petrofac

Jan 25, 2022

Oilfield services company Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.Petrofac will provide a five-year framework for Well Management and Well Operator support for 27 wells across the Affleck…

SpotOn Energy Acquires AGR Well Management

Dec 22, 2021

SpotOn Energy has acquired AGR Well Management, a Scotland-registered well management division of AGR.As compensation for the transfer, AGR received 20% ownership in SpotOn Energy, which will strengthen the cooperation between AGR and SpotOn Energy going forward…

Current News

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Norway Greenlights Increased Gas Production at Several Offshore Fields

Norway Greenlights Increased Gas Production at Several Offshore Fields

Equinor Adds Another Well to Odfjell Drilling's Semi-sub Rig Scope

Equinor Adds Another Well to Odfjell Drilling's Semi-sub Rig Scope

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