Industry News

Weatherford was awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, for offshore Nigeria.Weatherford will provide integrated upper and lower completions solutions for deepwater wells, with scope focused on well integrity, reliability, and operational efficiency. Equipment will be configured through Weatherford’s global supply chain and supported locally in […]

Georgina Energy executed a drilling contract with Ensign Australia for the supply of the Ensign 970 rig for the re-entry well at the Hussar prospect in EP513, onshore Western Australia, with drilling targeted for Q3 2026.The contract follows a letter of award issued in April, when final terms remained under negotiation. The 50-day program will

Santos achieved first oil from the Pikka phase 1 development on Alaska’s North Slope, with oil flow established through the lease automated custody transfer (LACT) meter into the Pikka sales oil line. Santos operates the project and holds a 51% interest in the Pikka Unit, with partner Repsol holding the remaining 49%.Production has initiated as

EZOps launched EZTasks.ai, an artificial intelligence feature that enables field workers to generate tasks from voice input, pasted text, or uploaded files within its mobile oilfield management platform.The feature allows personnel to speak observations or instructions directly into the platform, paste text from emails or reports, or upload documents and images, with the AI extracting

Touchstone Exploration drilled two oil development wells ahead of schedule on the WD-8 block onshore Trinidad and Tobago in Q1 2026.FR-1835 was drilled in March 2026, and FR-1836 spud 26 March 2026, reaching total depth on 7 April 2026. Wireline log analysis on FR-1836 indicates approximately 69 m of net hydrocarbon pay. Both wells were

On May 10th, 2026, CsTeC launched LubeSeal PM600 high temperature military lubricant product. LubeSeal PM600 high temperature military lubricant is a heavy-duty, all-purpose lubricant manufactured specifically for bearings and open gears. LubeSeal PM600 high temperature military lubricant is tacky and has very high shock-absorbing abilities with a high melting point of +500°F (260°C). LubeSeal PM600

Eni took final investment decisions for two deepwater gas projects in the Kutei Basin offshore East Kalimantan, Indonesia, sanctioning both the Gendalo and Gandang gas project and the Geng North and Gehem fields for development.The Gendalo and Gandang project, located in water depths of 1,000 to 1,800 m, calls for the drilling of seven producing

Vallourec signed a five-year supply agreement with next-generation geothermal developer Fervo Energy to support the scaled deployment of geothermal energy across the United States in a deal that draws directly on drilling technology developed for shale applications.Under the agreement, Vallourec will serve as Fervo’s exclusive supplier of US-manufactured tubular solutions and VAM connections, delivered through

On April 24th, 2026, CsTeC launched CsTeC 236 Deepwater High Temperature Metal-Free Tool Joint and Drill Collar Compound. CsTeC 236 Deepwater High Temperature Metal-Free Tool Joint and Drill Collar Compound provides maximum protection to the drill string. CsTeC 236 Deepwater High Temperature Metal-Free Tool Joint and Drill Collar Compound prevents galling, seizing, thread damage, and

On April 20th, 2026, CsTeC launched LubeSeal 404EU deepwater all-purpose high temperature & high pressure lubricant and sealant product. LubeSeal 404EU is an all-purpose lubricant and sealant for applications that require the best lubrication available. LubeSeal 404EU’s processing and formulation enable it to provide a versatility not found in conventional lubricants. LubeSeal 404EU may be

On April 16th, 2026, CsTeC launched LubeSeal 101EU Deepwater High Temperature Film Forming Lubricant product. LubeSeal 101EU Deepwater High Temperature Film Forming Lubricant is a premium quality highly concentrated lubricant that resists the corrosive effects of downhole chemicals. LubeSeal 101EU Deepwater High Temperature Film Forming Lubricant is made with LIQUILON, which enhances the lubricity and

Subsea7 received a contract from Petrobras, following a competitive tender, for the development of the Sépia 2 field in the pre-salt Santos Basin, approximately 280 km southeast of Rio de Janeiro at a water depth of 2,170 m.The supermajor contract, valued at more than $1.25 billion, covers engineering, procurement, fabrication, installation and pre-commissioning of subsea