Industry News

On April 24th, 2026, CsTeC launched CsTeC 236 Deepwater High Temperature Metal-Free Tool Joint and Drill Collar Compound. CsTeC 236 Deepwater High Temperature Metal-Free Tool

On April 20th, 2026, CsTeC launched LubeSeal 404EU deepwater all-purpose high temperature & high pressure lubricant and sealant product. LubeSeal 404EU is an all-purpose lubricant

On April 16th, 2026, CsTeC launched LubeSeal 101EU Deepwater High Temperature Film Forming Lubricant product. LubeSeal 101EU Deepwater High Temperature Film Forming Lubricant is a

Subsea7 received a contract from Petrobras, following a competitive tender, for the development of the Sépia 2 field in the pre-salt Santos Basin, approximately 280

Ventura Offshore secured contract extensions with Petrobras for two rigs operating offshore Brazil.The semisubmersible SSV Victoria received a 1,455-day firm extension commencing in January 2027

Brava Energia began a four-well drilling campaign at its Papa-Terra and Atlanta fields using Constellation’s Lone Star semisubmersible, which moved directly into the project after

Reconnaissance Energy Africa (ReconAfrica) started production testing operations at the Kavango West 1X discovery well in Namibia. Updated petrophysical analysis increased net hydrocarbon pay in

Arrow Exploration is preparing further drilling activity in Colombia following results from its Mateguafa 11 (M-11) well, which encountered oil-bearing sands and extended the Mateguafa