Industry News

Talos Energy announced successful drilling results at the Daenerys exploration prospect located in the US Gulf of Mexico Walker Ridge blocks 106, 107, 150, and 151.The discovery well was drilled to a total vertical depth of 33,228 ft using the West Vela deepwater drillship and encountered oil pay in multiple high-quality, sub-salt Miocene sands. A comprehensive wireline program was conducted, acquiring core, fluid and log data to evaluate the reservoir.The well was drilled approximately 12 days ahead of schedule and delivered approximately $16 million under budget. Planning is underway for an appraisal well to further define the discovered resource. The

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 – systems, procedures and equipment designed to prevent, control or mitigate operational risks. The aim is to provide real-time visualization, support decision-making and contribute to safer operations.Over the course of 36 months, the partner companies will implement, test and improve risk estimation approaches using data-based techniques

Falcon Oil & Gas announced that Shenandoah South 2H Sidetrack (SS-2H ST1) achieved an average 90-day initial production flow rate of 6.7 million cu ft per day over 1,671 m within the Amungee Member B-Shale in the Beetaloo Sub-basin, Northern Territory, Australia, making it a Beetaloo Basin record.The SS-2H ST1 well has now been suspended ahead of the commencement of gas sales to the Northern Territory Government via the Sturt Plateau Compression Facility in mid-2026, subject to weather conditions and final stakeholder approvals.Meanwhile, the 2025 drilling campaign continued to progress with the intermediate section of the first two wells (S2-1H

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 work class ROVs on board. Both vessels are expected to begin their contracts in December 2025.The two contracts have a combined value of more than $275 million.（2025-08-14）

Akrake Petroleum spudded the first well in the Sèmè Field in Block 1, Benin, using the Borr Gerd jackup drilling rig. The drilling is part of a 100-day, three-well work program to redevelop the Sèmè Field. The campaign includes two horizontal production wells in the H6 formation and a deeper vertical appraisal well to gather data from the H7 and H8 reservoirs, to facilitate the potential advancement to Phase 2 of the development.The drilling campaign for the phased development is expected to be completed in Q4 2025, at which time the contracted refurbished Mobile Offshore Production Unit (MOPU) will arrive,

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 in October or November 2025, shortly after completion of the rig’s current contract in Denmark.This award represents Shelf Drilling’s first contract in the Dutch energy sector, where offshore activity is scaling up following the government’s renewed focus on strengthening domestic gas production. Tenaz Energy became

Halliburton received a contract award to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC).NEP is a joint venture that includes BP, Equinor, and TotalEnergies. It was formed in 2020 as the ECC CO₂ transportation and storage provider, which will transport and store CO₂ emissions from the Teesside and Humber regional industrial clusters.Halliburton will manufacture and deliver the majority of the equipment required for this project from its UK completion manufacturing facility in Arbroath.The NEP infrastructure includes a CO₂ gathering network and onshore compression

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 post-job analysis. As part of SLB, IDEX will be integrated with SLB’s data environment.（2025-08-02）