Energy services firm Expro said Wednesday it had secured a contract with an unnamed 'major operator' for the first deployment of its single shear and seal high-debris 15K ball valve assembly.The multi-functional single shear and seal mechanism…
Norwegian offshore services company Aker Solutions has won a contract with the oil and gas company Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 tubing hanger installations on the Johan Castberg field…
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…
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…
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…
Aberdeen-based subsea intervention technology company Interventek will supply 20,000 psi open-water well intervention shear and seal valves to Houston-based Trendsetter Engineering, Inc based in Houston.The agreement allows Trendsetter exclusive global rights to deploy the 20K…
The Norwegian offshore safety authority PSA Norway has launched an investigation into an April 22 incident on the Statfjord B offshore platform where a worker suffered facial injuries after getting hit by a 34-kilogram piece of equipment.The incident happened on Saturday…
Oilfield services giant Baker Hughes said this week it had completed the acquisition of Norway-based well intervention specialist Altus Intervention.'Today, we are pleased to announce the completion of the Altus Intervention acquisition. This…
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…
UK's competition regulator said on Wednesday it has cleared oilfield services firm Baker Hughes Co's acquisition of Altus Intervention after the companies took steps to allay concerns raised by the watchdog.The Competition and Markets Authority…
Archer Limited and Baker Hughes Limited have signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom.The definitive agreement follows a term sheet signed in January.Baker Hughes…
Archer Limited has signed a term sheet with Baker Hughes to potentially acquire Baker Hughes’ coil tubing and pumping (“CT&P”) business in the United Kingdom. 'The CT&P business fits well within Archer’s overall strategy to grow our drilling…
The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for Verdande offshore development in the Norwegian Sea to the Ministry of Petroleum and Energy.According to Equinor, the subsea development secures important oil volumes for the Norne production vessel…
Britain's competition watchdog said on Tuesday that U.S.-listed oilfield services firm Baker Hughes Co's acquisition of Altus Intervention could reduce competition among UK oil and gas operators.The Competition and Markets Authority (CMA) said…
Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil.The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel…
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