Altus Intervention News

 

Australian Energy Group Congratulates Re-Elected Albanese Government

May 04, 2025

Australia’s oil and gas industry congratulates Prime Minister Anthony Albanese on Federal Labor’s re-election on Saturday and looks forward to continuing to work with the Government on necessary reforms for Australia’s long-term energy security and economic growth…

SLB Misses Profit Estimates for First Quarter of 2025

Apr 25, 2025

Top oilfield services provider SLB missed estimates for first-quarter profit on Friday, as weaker Latin American demand dragged on its international business, and the company warned of a potential industry-wide shift due to economic uncertainty…

Equinor’s Activity in Norway Major Driver of Supplier Services Across Country

Apr 04, 2025

A new report has found that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.Equinor procured goods and services with a total value of $13…

Aker BP, SLB, Stimwell Renew Alliance for Boosting Oil Production

Apr 03, 2025

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…

Aquaterra Energy to Deliver Well Intervention Equipment off Nigeria

Mar 27, 2025

Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…

Odfjell Technology Takes Share in Reelwell for $3.8M

Mar 21, 2025

Well construction and intervention solutions company Reelwell has secured a strategic equity investment by drilling and well services provider Odfjell Technology, which will buy 10% stake for $3.8 million.The investment from Odfjell Technology…

Baker Hughes to Deliver Completions Systems for Petrobras’ Offshore Field

Mar 20, 2025

Energy technology company Baker Hughes has signed a multi-year agreement with Petrobras to deliver fully integrated completions systems for its offshore deepwater fields.The award followed an open tender and will leverage Baker Hughes’ innovative…

Canadian Oil and Gas Firm Intensifies Ops at Gas Field Off Türkiye

Feb 14, 2025

Trillion Energy has started with the preparations to stimulate two wells at SASB gas field in an effort to enhance production at the project in the Southwestern Black Sea, offshore Türkiye.During January 2025, Trillion Energy completed installation…

New UXO Removal Contractor Enters Offshore Renewables Market

Feb 13, 2025

Pritchard-Gordon group of companies has launched PG Renewables, a turnkey contractor providing offshore and nearshore Unexploded Ordnance (UXO) identification and clearance services for the marine energy and offshore wind markets.PG Renewables…

Baker Hughes Launches All-Electric Subsea Production System

Feb 06, 2025

Energy technology company Baker Hughes has launched its new all-electric subsea production system, the industry’s first fully electric topside-to-downhole solution for offshore operations.The modular system allows for existing tree designs to be seamlessly updated for electric operations…

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