Oilfield services and technology company SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Buzios Wave II offshore oil field.The scope of the contract includes SLB’s full bore electric interval control valves and electric subsurface safety valves. The award is a catalyst toward full production system electrification for Petrobras…
Perenco has completed the plug and abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.The project was completed without incident, despite the challenging…
UK North Sea-focused oil company Serica Energy has set out plans to drill four wells in the Triton area, along will well work on the Bruce and Keith fields as part of its investment program for 2024.Serica is planning an ‘ambitious program’…
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)…
UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…
Oil and gas company Karoon said Wednesday that production had started from the PAT-2 at the Patola field in the BM-S-40 production license in Brazil.The well, one of two new production wells drilled at the field, came onstream on March 15, 2023 at a rate of 12…
OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…
Oilfield services giant Halliburton said this week it had successfully installed 'the industry's first' single trip, electro-hydraulic wet connect in deepwater for Petrobras in Brazil - a feat the company describes as a significant achievement in downhole electric completion technology…
Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil, and the company says the reservoir quality is better than predicted.The company said that the well - PAT-2- has been successfully drilled to a total depth of 2…
Malaysia's Velesto Energy has secured a $135 million integrated rig, drilling, and completion services deal with Hess Corp. in Malaysia.The i-RDC is a concept in which integration of drilling rig services, equipment and in some cases procurement…
Norwegian oil and gas firm Aker BP has received a Petroleum Safety Authority Norway (PSA) consent to use the jack-up drilling rig Maersk Invincible for drilling activities on the Ivar Aasen field, offshore Norway. The consent includes plugging…
Malaysian offshore drilling firm Velesto said Wednesday it had completed 'the offline capabilities upgrading works' for NAGA 5 and NAGA 6, making the two rigs - the first Malaysian jack-up drilling rigs to be equipped with offline capabilities…
Black Sea-focused oil and gas company Trillion Energy International has signed a definitive offshore drilling services contract with Romanian drilling company GSP Offshore to secure a jack-up rig for its 2022 – 2023 drilling program on its South…
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has signed an agreement with Angola's Sonangol to buy interests in Block 3/05 and Block 23, offshore Angola.Afentra will pay $80 million and could also pay contingent payments…
Malaysian oilfield services company Velesto Energy has, through its subsidiary Velesto Workover, received a letter of award from ExxonMobil for the provision of a hydraulic workover unit and services in Malaysia.The duration of the contract…