Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign
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 latest upstream news
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This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
Johan Sverdrup Phase 3 investment decision
The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent.
Viaro Energy strengthens North Sea portfolio through acquisition of Deltic Energy
The acquisition underscores Viaro’s continued commitment to long-term investment and responsible growth in the UK North Sea.
Choosing the right hose
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.
Upcoming oil events
SPE Offshore Europe
02 Sep 2025 - 05 Sep 2025
P&J Live Aberdeen
E Burn Rd,
Aberdeen,
Scotland,
AB21 9FX,
United Kingdom
Gastech Exhibition & Conference
09 Sep 2025 - 12 Sep 2025
Fiera Milano
Strada statale Sempione, 28,
Rho,
Milan,
20017,
Italy
ADIPEC 2025
03 Nov 2025 - 06 Nov 2025
ADNEC Centre Abu Dhabi
Al Khaleej Al Arabi St,
Al Rawdah,
Abu Dhabi,
W59 01,
United Arab Emirates
Oil discovery in the Johan Castberg area in the Barents Sea
Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.
Vallourec secures OCTG order with ADNOC
Vallourec will supply more than 30 000 t of carbon steel tubulars and associated accessories.
SLB OneSubsea secures EPC contract for Northern Lights CO2 transport and storage project expansion
The SLB OneSubsea scope includes two new satellite subsea CO2 injection systems with associated tie-in equipment. Work has already commenced, with first deliveries expected in 2026.
Reusing produced water
Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates.
Harbour Energy plc announce first oil achieved at Maria Phase 2, Norway
Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field.
CNOOC Ltd subsidiary signed EPC on the Zhylyoi Subsoil Area
The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan sector of the Caspian Sea, with an area of approximately 958 square km.