Innovex completes divestment of subsea tree product line
Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.
Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
EnerMech has been awarded a three-year fixed term contract with a further two by two-year extension option periods by Dana Petroleum.
The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.
Versalis, Eni’s chemical company, has announced that, as of 1 July 2025, it has transferred its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions S.r.l.
02 Sep 2025 - 05 Sep 2025
03 Nov 2025 - 06 Nov 2025
This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.
With Neotork, operators and directional drilling companies can achieve significant cost savings and improve operations, especially in increasingly challenging environments.
Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.
The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent.
The acquisition underscores Viaro’s continued commitment to long-term investment and responsible growth in the UK North Sea.
Jonathan Petit, Trelleborg Oil and Marine, argues that, amid the surge in global oil demand, with Ship-to-Ship (STS) operations growing in popularity, choosing the right marine hoses will play a key role in delivering the cost efficiencies required to take full advantage of this opportunity.
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