Industry News

Weatherford was awarded an eight-year contract by Romgaz to deliver services for real-time monitoring and transmission of dynamic parameters from the wellheads of gas wells, improving production optimization through digital and AI-enabled insights.Under the agreement, Weatherford will partner with Romgaz to implement a wellsite monitoring campaign across thousands of existing wells. Weatherford technology will acquire […]

Melbana Energy reported that drilling of the Amistad-2 production well began in Cuba in the early hours of Thursday, 18 September. Amistad-2 is planned to be drilled to a total depth of 1125 m measured depth.The Unit 1A formation will be logged, but not tested, en route. A 650-m measured depth section of the Unit

On 27 August, the IADC Advanced Rig Technology Committee held a Spark Tank at Transocean’s Houston office. The event brought together active and aspiring technology entrepreneurs to pitch products and ideas to a panel of drilling contractors, operators and service company representatives in a format similar to the TV show Shark Tank. The presentations allowed

Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) tapped Baker Hughes to supply subsea production and completion systems in the country’s Sakarya Gas Field Phase 3.Through the agreement, Baker Hughes will provide deepwater horizontal tree systems with associated subsea structures and control systems to support production at depths from 6,500 to 7,200 ft.

BP signed a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well program at water depth ranging from 300 to 1,500 m in the Mediterranean Sea.The program is designed to accelerate the development and production of national gas reserves, with the intention of extending the use of existing production facilities in the West Nile

TotalEnergies and its partner South Atlantic Petroleum signed the Production Sharing Contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria, which were awarded following the 2024 Exploration Round organized by the Nigerian Upstream Petroleum Regulatory Commission.PPL 2000 & 2001, covering an area of approximately 2,000 sq km, are located in the

Subsea7 was awarded a ontract by Turkish Petroleum Offshore Technology Center (TP-OTC). The project was awarded for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Turkey.Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF). Project management and engineering will start

Tampnet secured a five-year contract with Island Drilling AS to supply a complete, next-generation communications stack for the harsh-environment semisubmersible Island Innovator. The service includes low-earth-orbit (LEO) satellite back-haul from Starlink and OneWeb, integrated with the Tampnet North Sea LTE and T-FAST (Multiple Carrier, Low Footprint, High Speed Antenna) microwave/fibre backbone.Combining this with an AI-driven

Shape Digital, Shell Brasil, MODEC Brasil and Unicamp signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence (AI).The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital. It will be enhanced to identify the degradation of safety barriers in offshore units –

DOF Group announced two new long-term contracts in Brazil. In addition to Skandi Achiever signing on for a four-year charter as RSV, Skandi Carla and Geoholm have also been contracted on four-year charters with Petrobras.Skandi Carla will operate with one work class ROV and subsea crane, while Geoholm will use its subsea crane and two

Shelf Drilling secured a contract for the Shelf Drilling Winner jackup rig with Tenaz Energy for operations in the Netherlands. The firm term of the contract is one year, with an option for Tenaz Energy to convert the term to three years within the first six months of operations. The operations are expected to commence

SLB acquired Stimline Digital, a cloud-based software company for the energy sector specializing in well intervention.Stimline’s IDEX platform provides operators with a visualization canvas and collaborative environment to optimize the planning and execution of well intervention operations. IDEX enables operators to standardize digital workflows through all phases of interventions, from planning to real-time execution and