Industry News

 

Vår Energi Set to Enhance Drilling Ops with Reelwell’s Digital Drill Pipe Tech

Jan 29, 2025

Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…

ADNOC Opts for Seagliders for Offshore Energy Crew Transportation

Jan 29, 2025

ADNOC Logistics and Services (ADNOC L&S), part of the Abu Dhabi National Oil Company (ADNOC), has partnered with an Abu Dhabi seaglider operator to introduce REGENT seagliders into its fleet for offshore energy logistics services.The seagliders will provide high-speed…

TGS Gets Offshore Wind Site Characterization Job

Jan 29, 2025

Norwegian seismic specialist TGS has secured an offshore wind site characterization contract on the U.K. continental shelf for a repeat customer.The contract has a total duration of approximately 60 days and is scheduled to commence in the first quarter of 2025…

Dolphin Drilling’s Chief Steps Down

Jan 29, 2025

Oslo-listed offshore drilling firm Dolphin Drilling has informed that its Chief Executive Officer (CEO) Bjørnar Iversen resigned from the position.Jon Oliver Bryce has been appointed interim-CEO.Bryce currently holds the position as Chief Strategy…

Odfjell Drilling Secures $148M Extension with Equinor for Deepsea Atlantic Rig

Jan 29, 2025

Offshore drilling contractor Odfjell Drilling has agreed terms with Equinor to extend its contract for use of the Deepsea Atlantic semi-submersible rig until end the second quarter of 2027.Deepsea Alantic will operate under previously agreed…

Strohm Rolls Out Pipe Design Tool

Jan 28, 2025

Strohm has launched TCP Designer, its new web-based tool developed to help companies design and engineer thermoplastic composite pipes for their projects.TCP Designer helps users ensure their piping systems meet critical requirements for water depth…

US Oil Majors Set to Curb ‘Drilling Boom’ Expectations Despite Trum Calls

Jan 28, 2025

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating shareholder returns, despite calls by President Donald Trump to 'drill, baby, drill.'Big Oil begins reporting fourth-quarter results this week…

Dana Petroleum Keeps Imrandd for UK Assets’ Integrity Services

Jan 28, 2025

Industrial data and engineering consultancy Imrandd has secured the renewal of its longstanding contract with Dana Petroleum, extending its engagement for an additional two years to 2027.The extension ensures the continued delivery of critical integrity services for Dana's UK operations…

Motive Offshore Sets Up Shop in Texas Amid Rising Orders

Jan 28, 2025

Motive Offshore, an equipment provider for the energy sector, has set up a new office in Houston, Texas, following a fourfold increase in its equipment for the Americas.The strategic expansion will support increasing operational demands and sets the stage for continued growth…

Sunda Energy Starts Environmental Survey for Timor-Leste Oil and Gas Field

Jan 28, 2025

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has started environmental baseline survey in preparation for the drilling of the planned Chuditch-2 appraisal well off Timor-Leste.The survey…

Masdar’s Terna Energy and Motor Oil to Develop Greece’s First OW Farm

Jan 28, 2025

Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…

Petrobras Releases Oil Output Figures for 2024

Jan 28, 2025

Brazilian state-run energy company Petrobras, Latin America's top oil producer, ended last year with output of 2.7 million barrels of oil equivalent per day (boed), the company said in a statement on Monday, but without providing quarterly figures…

Kazakhstan Looks to Improve Oil Production Agreements Terms

Jan 28, 2025

Kazakh President Kassym-Jomart Tokayev on Tuesday ordered the government to step up talks with international oil majors about an extension of existing production sharing agreements (PSA) on 'better terms'.The central Asian country is one of…

Seatrium to Build Heavy Lift Vessel for Japan’s Offshore Wind Market

Jan 27, 2025

Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully revolving heavy lift vessel project for the Japanese offshore wind market.This…

Oceaneering Orders 100 Exail's Octans 9 Systems to Bolster Offshore Ops

Jan 27, 2025

U.S.-based subsea services and technology firm Oceaneering has placed an initial order for a minimum of 100 units of Exail’s new Octans 9 Attitude Heading Referencing Systems (AHRS), as it aims to enhance capabilities for offshore survey and positioning projects…

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