Offshore drilling contractor Borr Drilling has singed new contract commitments for four of its premium jack-up rigs, which are set for deployment in the Middle East, Southeast Asia and Mexico.The new awards have a combined duration of approximately 1,300 days, including fixed priced options, and an estimated contract revenue of more than $129 million, according to Borr Drilling.In the Middle East, the Arabia II jack-up rig…
Dutch geological data specialist Fugro has been selected to deliver extensive offshore and onshore surveys for multiple major energy field developments in the Middle East.Fugro has recently been awarded multiple contracts to perform comprehensive…
Global energy technology company SLB has introduced the OnWave autonomous logging platform, said to enable more efficient and reliable acquisition of formation evaluation measurements in any well condition.This first-of-its-kind technology autonomously acquires multiple…
The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with Chevron, to allow them to operate with limitations in the sanctioned OPEC nation and swap oil, five sources close to the matter said on Thursday…
Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago…
Strohm, a thermoplastic composite pipe (TCP) solutions specialist, has completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1,500 meters.The testing and engineering assessments…
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile…
French tubular solutions specialist Vallourec has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of CNOOC and PetroChina in Iraq.The contracts carry potential revenue of over $130 million…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
Cyberhawk, a drone-based inspection and survey services and visual data management software specialist, has renewed a five-year global agreement with Shell.The contract will extend Shell’s and Cyberhawk’s collaboration to projects and assets…
Offshore drilling firm Shelf Drilling has secured a five-year extension with Saudi oil and gas giant Aramco for its High Island V jack-up drilling rig.The extension is in direct continuation of the rig’s current contract with Aramco, extending the commitment until July 2030…
French tubular solutions supplier Vallourec has secured a significant order from Abu Dhabi National Oil Company (ADNOC) for the supply of more than 30,000 tons of carbon steel tubulars and associated accessories featuring VAM premium connections…
Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…
Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday.Prio forecasts production to exceed 200,000 barrels per day (bpd) next year…
Subscribe
