Industry News

SLB announced a significant step toward fully autonomous drilling operations at Equinor’s Brazilian Peregrino C platform.By combining SLB digital technologies for surface automation, autonomous on-bottom drilling and directional drilling, 99% of a 2.6-km section was able to be drilled in autonomous control mode. Over a five-well program, a 60% increase in the rate of penetration […]

Ocean services provider DeepOcean and Aker BP have completed subsea trials with an Autonomous Inspection Drone (AID) at the Aker BP-operated Alvheim field in the central North Sea.“While testing of autonomous technology is exciting on its own, our primary purpose was to find out if subsea inspection can be conducted more cost-efficiently and with better

Valaris has secured new contracts and extensions, with an associated contract backlog of approximately $1.14 billion, after issuing the company’s most recent fleet status report on 1 November 2023.“We are delighted to announce these contract awards and extensions, which add well over $1 billion of contract backlog, providing further evidence of the positive outlook for

Valaris has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil. Based on the firm contract term, the total contract value is approximately $519 million, including mobilization fees and additional services.It is anticipated to commence in late Q4 2024, following the completion of the rig’s current contract with Petrobras, which is

Flexible pipe systems have been a staple in oil and gas production, and in drilling, for years. However, the technology is constantly evolving as the demands for it have grown and diversified, said Domenico Di Giambattista, VP of Flexible Pipes Systems at Baker Hughes. In this video interview with DC, Mr Di Giambattista talks about

KCA Deutag has been awarded a contract to conduct a major project to electrify Equinor’s jackup rig, Askepott, in Norway. The electrification project, delivered by KCA Deutag’s Kenera business unit, will make the Askepott rig the first in Equinor’s portfolio to be powered from onshore when it is completed in Q4 2024.Askepott will receive power

Energy services provider Expro successfully completed a well cement placement project for a large international operator in the US Gulf of Mexico, delivering an inner-string cementing on a subsea well’s 22-in. surface casing in a water depth of approximately 2,000 m in the Mississippi Canyon area. When integrated with Expro’s other well construction technologies, the

Petronas’ subsidiary, Petronas Suriname, has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52.The well, located about 185 km offshore at a depth of 904 m, was successfully drilled to a total depth of 5,315 m. It also encountered several oil-bearing Campanian sandstone reservoir packages. Further evaluation is being undertaken to

SLB’s End-to-end Emissions Solutions business (SEES) has been selected by Eni to deliver fugitive methane emissions measurement and reporting plans for the operator’s facilities.The project aims to provide Eni with an accurate account of its fugitive methane emissions for transparent reporting purposes and to inform Eni’s strategic efforts to reduce them. Methane is a potent

SLB, Amazon Web Services (AWS) and Shell Global Solutions Nederland BV (Shell) have signed a multi-year three-way collaboration agreement to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on AWS cloud infrastructure.The partnership will deliver subsurface digital solutions to be used by Shell and made available to the industry. The digital workflows will

Baker Hughes received two awards from Vår Energi that will expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.The first, a nine-year contract, reflects Baker Hughes’ heightened well intervention capabilities since acquiring Altus Intervention in April 2023. As part of the contract, Baker Hughes will also

ADNOC has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The Habshan carbon capture, utilization and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million tonnes per annum (mtpa) of CO2 within geological formations