Industry News
Industry News
TotalEnergies awarded four exploration permits offshore Liberia
TotalEnergies signed four production sharing contracts for the LB-6, LB-11, LB-17 and LB-29 exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation
Nabors unveils new PACE-X Ultra land rig
On 4 September, Nabors Industries unveiled X33, the first of its Pace-X Ultra land rigs, which will be deployed to South Texas in October to
3D printing of PDC bits offers opportunity for bolstering hydraulic performance
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
Petrobras and Galp join Shell in Block 4, São Tomé and Príncipe
Galp, Shell and Petrobras reached an agreement for stakes in São Tomé and Príncipe’s Block 4. With this new configuration a consortium was formed, joined
Petrobras chooses Vallourec to support offshore OCTG projects until 2029
Vallourec was awarded a contract by Petrobras as a result of a competitive bidding process for the supply of OCTG (Oil Country Tubular Goods) products
Turkey taps Baker Hughes to supply subsea, completion systems
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
PTTEP moves forward with Thailand’s first CCS project
PTTEP has reached the final investment decision (FID) on Carbon Capture and Storage Project (CCS) at the Arthit gas field, marking Thailand’s first CCS development.PTTEP
BP signs MoU to drill five wells in the Mediterranean
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