Industry News

SLB introduced the ExaCT electrical downhole coiled tubing control system, an intervention platform that replaces pressure-dependent hydraulic actuation with real-time electrical control. The system combines

The Alaska Department of Natural Resources’ Division of Oil and Gas approved a unit plan of operations amendment for Hilcorp Alaska on 18 August 2026,

Petrobras signed a contract with Halliburton for the drilling and completion of four onshore wells at the Barra do Furado Station in Quissamã, Rio de

Petrobras identified the presence of hydrocarbons at the Morpho exploratory well (1-BRSA-1405-APS) in Block FZA-M-59, located in the Foz do Amazonas Basin off the coast

ADES received resumption notices for all of its offshore rigs that had been temporarily suspended in Saudi Arabia. The resumptions followed the company’s earlier guidance

Noble was awarded a contract by ConocoPhillips for the ultra-harsh environment jackup Noble Interceptor. The scope comprised plug and abandonment work on wells in the

Petrobras reported a new natural gas accumulation at the Sandia-1 exploration well in Block GUA-OFF-0, offshore Colombia. The well sits about 42 km from the

Pharos Energy secured a new rig, DASCO 45, which will move to a well target in the Aboud field before mobilizing to the North Beni