Industry News

The Kinh Ngu Trang Nam (KNT-KTN) field development project opened four wells on the WHP-KTN platform to receive the first oil flow. Located in Block

Chevron is expected to begin drilling the Korikori-1 exploration well this month. The well is located approximately 78 km offshore, in the north-central part of

Valeura drilled a total of 10 wells in Q3 2025 covering all three of its wellhead infrastructure facilities on the Nong Yao field. The campaign

Hunting executed a $20 million contract to deliver oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana. The contract supports a

Weatherford launched Industrial Intelligence, a digital portfolio, at the company’s FWRD 2025 Technology Conference in Houston. Weatherford Industrial Intelligence delivers actionable insights for end users

Eni resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years. This

Eni exercised the second of four optional wells in Indonesia for the semisubmersible drilling rig, SSV Catarina, with Ventura Offshore.The exercise of this second optional

Transocean announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog.In the US Gulf