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.
The latest upstream news
Advertisement
This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
EnerMech secures contract for Dana Petroleum’s Triton FPSO
EnerMech has been awarded a three-year fixed term contract with a further two by two-year extension option periods by Dana Petroleum.
Union Jack Oil plc announce resumption of production at Keddington Oilfield
The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.
Eni to launch Versalis Oilfield Solutions
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.
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
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
ADNOC Drilling awarded five-year contract for oilfield services worth up to US$800 million
This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.
Neo Oiltools names Impulse Downhole Tools as official North American Distributor
With Neotork, operators and directional drilling companies can achieve significant cost savings and improve operations, especially in increasingly challenging environments.
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.
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.