Industry News

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

Valaris announced that ARO Drilling, its 50/50 joint venture with Aramco, has secured financing for its first two newbuild jackups, Kingdom 1 and 2. ARO Drilling entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries, with the proceeds being used to pay the remaining shipyard

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

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