Industry News

Equinor has awarded COSL Offshore Management two contracts for the COSLPromoter and COSLInnovator to operate on the Norwegian Continental Shelf.The contract values are calculated at around $369 million for both firm periods.The COSLPromoter is already contracted to Equinor and will commence on the new contract in Q1 2025. The firm contract is for one year, […]

Halliburton introduced Obex EcoLock, a new compression-set packer that helps prevent sustained casing pressure (SCP). The company said that the packer “serves as a cost-effective mechanical barrier to mitigate low pressure gas or fluid migration and deliver isolation assurance.”The packer is built upon Halliburton’s gas-tight, V0-rated Obex GasLock packer design. The Obex EcoLock packer provides

Odfjell Technology, an integrated supplier of offshore drilling, well and engineering services, has achieved 50% reduction in cleaning blowout preventers (BOPs) during a successful trial.Over a test period of six months, Odfjell Technology revised the procedure for cleaning the BOP on the Johan Sverdrup platform in Norway by increasing the pump rate to allow more

Halliburton announced it has launched Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate. Diskos 2.0 is the industry’s first fully cloud-native NDR implementation, according to Halliburton. The upgraded system, which stores critical exploration and production data, incorporates advanced automation and artificial intelligence capabilities to derive better insights from the data, reduce cost

On 4 May, teachers from elementary, middle and high schools around Southeast Texas came to OTC for a workshop to learn about the oil and gas industry. They were able to engage in discussions with industry professionals about key energy issues, as well as tour the OTC exhibition floor to see new technologies being deployed

Well Control School (WCS) announced a long-term partnership with Applied Research International (ARI) to evolve well control education through immersive virtual simulation training. ARI’s simulation solutions are used around the world by the energy, marine, construction, mining and defense industries.The partnership with ARI ushers in a hybrid training model that bridges the theoretical with the

Corva and Nabors Industries announced a strategic technology partnership to provide a first-of-its-kind digital and automation offering to the global drilling industry.Integrating Corva’s App Store and Dev Center with Nabors’ SmartROS universal drilling rig controls and automation system is expected to deliver solutions that rapidly scale process and machine automation, enhance remote project oversight and

Odfjell Drilling has agreed a contract with PGNiG Upstream Norway for the use of the Deepsea Yantai semisubmersible.The contract includes the drilling of one firm well, “Tomcat”, in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024. The firm scope of work is estimated to take 55 days

SLB is collaborating with Oman’s Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman’s geothermal resources.This announcement follows the completion of a project evaluating data from more than 7,000 oil, gas and water wells, with the objective of mapping sweet spots for geothermal

Remote operations have become a common solution for the drilling industry as it continues to look for new ways to reduce risk and maximize returns. Halliburton recently implemented remote operations on an MPD project, a collaboration with ONGC in India, that utilized 24-hour subject matter expert support and other remote systems. In this interview with

Oil States Industries (OSI) shared details regarding a previously announced acquisition of Aberdeen-based E-Flow Control Holdings (EFC), a global controls, monitoring, instrumentation and handling company. The transaction expands Oil States’ electrification and digitalization capabilities by adding integrated control packages to the company’s drilling, deepsea minerals systems and renewables product offerings. It also provides EFC access

Abu Dhabi National Oil Company (ADNOC) announced the award of two contracts totaling $2 billion to ADNOC Drilling for the Hail and Ghasha development project. The contracts comprise $1.3 billion for integrated drilling services and fluids, and $711 million for the provision of four Island Drilling Units. A third contract, valued at $681 million, was