Spanish oil company Repsol has terminated a contract with U.S. firm Dril-Quip for the delivery of offshore equipment for a project in Vietnam.Houston-based Dril-Quip has announced that the contract award between its subsidiary Dril-Quip Asia Pacific Pte Ltd…
Probe, a major player in cased hole well logging and reservoir monitoring technology, has announced the launch of the ProMAC, a new series of multi-arm caliper tools.ProMAC series tools offer the most advanced measurements in the industry to…
The Abu Dhabi National Oil Company (ADNOC) has awarded three multi-billion-dollar contracts for the procurement of casing and tubing, the United Arab Emirates state-owned oil company announced on Wednesday.The contracts – awarded to Consolidated Suppliers Establishment…
Norwegian downhole technology company Well Conveyor said it has received equity investment from Chevron Technology Ventures (CTV), a division of Chevron U.S.A. Inc. Combined with additional investments from existing investors ProVenture and Investinor…
California-based Upwing Energy said it has been awarded 10 new patents from the US Patent and Trademark Office (USPTO) for critical enabling technologies in the company’s downhole rotating tools and proprietary methods used to increase hydrocarbon production and recovery…
Xervo by SH Group, the producer of the approved conventional NORSOK lifeboat systems, The Boat-In-A-Box davit system, said it has signed a contract for the first option with Awilco Drilling. Like the first order, the option includes the delivery…
A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…
Even with the best seismic data and reservoir modeling available, drillers have remained in the dark about what’s in front of the drill bit. A new sensing tool has been designed to “see” ahead of the bit and can transmit data in real time to shift drilling operations from reactive to proactive…
Oilfield services company Churchill Drilling Tools revealed that an operator was able to improve its wellhead base jetting operations by deploying the DAV MX CircSub downhole circulation tool.The client, a major North Sea operator, having completed…
U.S. oilfield supplier National Oilwell Varco Inc is trimming its workforce, according to people familiar with the matter, as oil and gas customers have cut spending on services and equipment.The company recently began offering voluntary early retirement to eligible employees…
ST Engineering Halter Marine and Offshore (STEHMO) installed a NOV crown mounted compensator (CMC) on Diamond Offshore’s Ocean Blackhawk drillship.The 215-metric-ton passive heave compensator was fully assembled and lifted on the top of the derrick on May 22…
Expandable liner hanger designs are advancing to meet the ever-increasing demands of deepwater well construction.A new expandable liner hanger design provides an effective liner top seal for high-pressure, high-temperature (HPHT) well conditions…
Fully-automated drilling aboard a semisubmersible or jack-up drill rig powered by batteries has just become a reality. As May 2019 got underway, new, modern rigs were being ordered on more exploration, and no fewer than eight modern rigs — seven…
Deepwater drilling activities require contingencies for temporary abandonment of the well, sometimes necessitated by wellhead change outs or riser work, and sometimes by Mother Nature.Existing mechanical solutions can struggle with restrictions inside the riser or seabed structure…
Two service companies known for point-the-bit rotary steerable systems (RSS) each decided in 2016 to create their own push-the-bit tools. Their offerings are aimed at increased tool reliability, utilization, smoother wellbores and higher levels of drilling performance consistency from well to well…