Industry News

Odfjell Technology secured a contract extension for comprehensive drilling services on a North Sea platform, with a major operator signing a letter of intent to exercise a remaining two-year option under the existing agreement.The scope of services covers operations, maintenance and repairs for both the main rig drilling facility and an intervention completion unit. The […]

Transocean was awarded a five-well contract with Harbour Energy in Norway for the Transocean Norge. The estimated 300 days of work is expected to begin in Q1 2028, in direct continuation of the rig’s current program. The contract includes three one-well options.Transocean was also awarded a two-well contract with Santos in Australia for the Transocean

Expro secured a two-year contract with a UAE operator to provide well testing and flowback services for unconventional wells in the United Arab Emirates.The contract covers surface well testing services, equipment and operational support for the operator’s drilling program.（2026-06-16）

Indonesia Energy remains on schedule for a late-June spud of the K-29 well at its Kruh Block in South Sumatra, after completing rig lifting operations, safety inspections and rig setup at the wellsite.The company said the rig has been successfully lifted, the safety check completed and setup is now undergoing internal testing. Function testing is

Greenland Energy entered into an agreement with Halliburton for integrated well and drilling services in support of a planned onshore exploration campaign in the Jameson Land Basin, East Greenland.The company is targeting the spud of two exploration wells (OPW-1 and OPW-6, each planned to approximately 3,500 m) in October 2026, which would represent the first

SLB OneSubsea was awarded an engineering, procurement and construction contract by BP to provide a subsea boosting system for the Thunder Horse development in the deepwater US Gulf.SLB OneSubsea will deliver the boosting system alongside associated project management, engineering, manufacturing and testing. The Thunder Horse award follows recent subsea boosting contracts for BP’s Kaskida and

Velesto Energy’s wholly owned subsidiary Velesto Sumber was awarded a contract by Northern Gulf Petroleum for the provision of jackup drilling rig services and associated services in the Gulf of Thailand.The firm scope covers four infill wells and three exploration wells, to be drilled using the Naga 6 jackup. Naga 6 is an independent-leg cantilever

Dolphin Drilling signed a contract for its semisubmersible drilling rig Borgland Dolphin with an undisclosed UK Continental Shelf operator, converting the letter of intent announced in April into a firm fixture valued at approximately $239 million.The contract is scheduled to start in the second half of 2027, in direct continuation following the rig’s release from

On June 1st, 2026, CsTeC launched the SureSeal brand high-end customized high-temperature and high-pressure O-ring series products. The SureSeal brand, under CsTeC, was established in 2022. The trademark registration certificate number is 63265885, and the registration category is 17. The specific registered content includes sealing gaskets; rubber or vulcanized fiber gaskets; waterproof sealing materials; non-metallic

SLB expanded a digital collaboration with Vår Energi to scale well planning and integrated field development planning across the operator’s Norwegian Continental Shelf (NCS) operations.Vår Energi deployed SLB’s Delfi digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning and production in a cloud-native environment. The approach allows teams to work

Arrow Exploration reported a stacked-pay discovery at the Icaco field on the Tapir Block in Colombia’s Llanos Basin, with the Icaco 1 exploration well (IC-1) encountering hydrocarbon-bearing intervals in three formations.IC-1 spudded 5 May and reached target depth 9 May at 7,800 ft measured depth (7,524 ft true vertical depth). Log analysis confirmed 30 ft

On May 26, 2026, CsTeC launched the classic 14-ounce cartridge and the new 1-pound can versions of the LubeSeal brand PM600 high-temperature military grease. These two products were customized by the CsTeC team based on market research and individual customer suggestions. These two products are the latest customized versions of CsTeC following the launch of