Industry News

Neptune Energy announced first production from its operated Adorf Z17 gas well in the municipality of Georgsdorf, northwestern Germany. The Z17 well – in the Carboniferous formation – is expected to increase Neptune’s production from the Adorf license by 1,800 bbl of oil equivalent per day (BOEPD) to around 6,300 BOEPD.Construction of a dedicated processing […]

Norwegian Minister of Petroleum and Energy Terje Aasland officially opened the Njord field in the Norwegian Sea on 15 May. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades and are expected to double the field life – and more than double production.“With the war in Ukraine, the export of

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

Valaris’s drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence in late Q3 or early Q4 2023 and has an estimated duration of 320 days. The estimated total contract value, inclusive of a mobilization fee, is $136.4 million.“We are honored that BP has chosen VALARIS

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

ADNOC awarded three framework agreements, valued at a combined $4 billion, for integrated drilling fluids services (IDFS) to support the ongoing expansion of its lower cost and lower-carbon intensive production capacity as it responds to growing global demand for energy.The awards, which ADNOC says are the largest of their kind in the industry, were awarded

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

Maersk Drilling has secured a contract from Shell for its Maersk Developer semisubmersible in the Campos basin offshore Brazil, where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023, in direct continuation of the rig’s current contract, with an

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