Offshore Well Operations News


Well-Safe Solutions Introduces New Project Resourcing Group

Aug 29, 2023

International well plug and abandonment specialists Well-Safe Solutions have announced Well-Safe Resources; a new business function focusing on deploying well engineering and project management talent worldwide.The newly-formed Well-Safe Resources service offering will be headed by Steve Combe…

Velesto Energy Wins ExxonMobil Contract for Offshore Services in Malaysia

Aug 16, 2023

Velesto Energy's subsidiary Velesto Workover has received a Letter of Award from ExxonMobil in Malaysia, for the provision of Gait 6 HWU & Services for 2023/2024 Workover and Plug & Abandonment Program.'The value of this enabling Contract with…

WSG Sells Well Intervention Division, Rebrands

Jul 28, 2023

WSG said Friday it had sold its Well Intervention division and would use the proceeds raised to lay the foundations for a period of international expansion for the rebranded WSG Energy Services (WSGES).The company has divested its traditional…

Optime Subsea Tests Wireless Comms System for Well Completion Operations

Jul 14, 2023

Norway-based Optime Subsea said Friday it had successfully tested and qualified a high-speed wireless communication system for the completion of subsea wells. 'The wireless communication system, part of Optime Subsea’s Remotely Operated Controls Systems (ROCS)…

Oil and Gas Firms Set to Spend $58 Billion on Well Intervention in 2023

Jul 10, 2023

Oil and gas companies are set to spend $58 billion on well intervention – a way to extract additional resources from an existing well instead of drilling a new one – in 2023, the Norwegian energy intelligence group Rystad Energy said.Rystad…

AGR and Add Energy Combine Drilling and Wells Services Expertise

Jul 04, 2023

AGR and Add Energy said Tuesday they were combining their expertise in drilling, wells, reservoirs, and energy transition technologies CCUS and geothermal under the AGR brand.This move follows the recent acquisition of AGR and Add Energy by global energy…

Vår Energi, Halliburton in Drilling Services Partnership

Jun 08, 2023

Norwegian offshore oil and gas producer Vår Energi said Friday it had entered a long-term strategic partnership with the U.S. oilfield services company Halliburton for drilling services to improve drilling and well performance and enhance value creation…

Archer Wins 5-Year Contract with Perenco UK for Coiled Tubing and Pumping Services

May 25, 2023

Oilfield services company Archer said Thursday it had won a five-year contract with Perenco UK Limited in the United Kingdom for the provision of Coiled Tubing and Pumping services.The contract contains two options of one year each and started May 3…

Harbour Energy Taps Expro for Balmoral Well Abandonment Project

May 22, 2023

Offshore well services firm Expro said Monday it had won a new contract with oil and gas company Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.The multi-year contract…

Gulf of Thailand: Uzma Clinches 3-Year Coil Tubing Contract with Valeura Energy

May 11, 2023

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…

Oslo-listed Archer Completes Acquisition of Baker Hughes' UK CT&P Business

Apr 04, 2023

Oslo-listed offshore oil and gas services company Archer has completed the acquisition of Baker Hughes' Coil Tubing and Pumping business in the UK.In February, the two companies signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom…

Halliburton Completes Offshore Wireline Service Work for Croatian INA

Mar 16, 2023

U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…

Wintershall Dea Buys 24% in Smart Well Flow Diagnostics Firm

Mar 09, 2023

Oil and gas company Wintershall Dea said Thursday it had invested in Norway-based smart well flow diagnostics provider Wellstarter. 'The Norwegian based company has developed an innovative solution, offering cost effective and real time wireless downhole flow monitoring…

SLB Launches Cement-free System to Cut CO2 Footprint of Well Construction

Mar 06, 2023

Oilfield services giant SLB, until recently known as Schlumberger,  on Monday introduced the EcoShield geopolymer cement-free system that it says minimizes the CO2 footprint of a well’s construction.' This innovative technology eliminates up…

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