Industry News

TotalEnergies started production from the BEGONIA and CLOV Phase 3 offshore projects, leveraging ullage in the PAZFLOR and CLOV floating production, storage and offloading units (FPSO) to add a total of 60,000 barrels per day (bpd) of new production.These two subsea tie-back projects deliver additional production leveraging available capacity on existing FPSO’s and as such […]

Liquid-O-Ring 236 Metal-Free Tool Joint and Drill Collar Compound provides maximum protection to the drill string. 236 prevents galling, seizing, thread damage, and excessive wear resulting in prolonged tool joint and drill collar life. This non-contaminating tool joint and drill collar compound resists washout and will not harden or dry out in the connection. 236

Transocean issued a quarterly Fleet Status Report that provides status and contract information for the company’s fleet of offshore drilling rigs.This quarter’s report includes two one-well options in Australia for the Transocean Equinox at a dayrate of $540,000; a two-well option in Norway for the Transocean Spitsbergen at a dayrate of $395,000; a three-well contract

Petrobras acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188, FZA-M-190, FZA-M-403, FZA-M-477, FZA-M-547, FZA-M-549, FZA-M-619 and FZA-M-621, in

636G Self-Mold Stick Packing is a clean, odorless, pliable packing used to seal stuffing boxes. Made with LIQUILON®, 636G Self-Mold continues to seal and lubricate long afterconventional packing has failed. It repairs scored and pitted shafts and reduces wear. Regardless of the size of the stuffing box, 636G Self-Mold forms itself to the configuration of

EnQuest completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in (and operatorship of) the Chim Sáo and Dua production fields (Block 12W). The value of the transaction is $85.1 million and, net of interim period cash flows, the consideration paid by EnQuest was approximately $25.7 million.As of 1

Liquid-O-Ring 101EU Film Forming Lubricant is a premium quality highly concentrated lubricant that resists the corrosive effects of downhole chemicals. 101EU is made with LIQUILON, which enhances the lubricity and extreme pressure properties. LIQUILON is unaffected by acids, caustics, downhole chemicals, and hydrocarbons including gasoline and solvents.101EU is inert and thermally stable. The film forming

Shelf Drilling received a three-year contract award for the J.T. Angel jackup rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. The total added contract value is approximately $40 million. The rig is currently undergoing a contract preparation project, with operations expected to commence in October 2025.Separately, as

Liquid-O-Ring Polymer 400 is an excellent multipurpose, water repellent grease, used where washout resistance is critical to the operation. Because of its excellent stability and EP characteristics, Polymer 400 remains on the bearing surface longer, extends lubrication intervals, and prolongs bearing life. Polymer 400 is fluoromated with LIQUILON® to provide a microscopic lubricating coating that

A zinc-free, thread locking compound, 252 Liqui-Lok Zinc-Free is specially formulated to replace the welding of casing joints and threaded connections. This two-part epoxy compound is easily mixed under wide range of temperatures due to its workable consistency. 252 Liqui-Lok Zinc-Free is unaffected by vibration, pounding, or expansion due to temperature changes. It withstands high

Vallourec secured a $50 million contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar.The agreement includes the supply of carbon steel OCTG products with premium connections, to be delivered in 2026 to support Qatar’s increasing drilling activity both onshore and offshore.（2025-06-19）

Recently, the innovative CsTeClepo brand tubing and casing quick inflatable thread protector of CsTeC Company has successfully completed its first systematic functional test.The CsTeClepo brand tubing and casing quick inflatable thread protector is an innovative high-end inflatable thread protector product independently developed by CsTeC Company. It is particularly suitable for the rapid movement and connection