Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.
Introducing a new era of Drill Cuttings Treatment in the United Arab Emirates as TWMA begins operations at its newly constructed treatment facility in Habshan, Abu Dhabi.
Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.
Watson Farley & Williams advised Borr Drilling Limited on the acquisition.
bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.
New wave of consolidation is coming for small- and medium- sized US shale producers.
TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further derisk resources and progress diligently toward the development of the Mopane discovery.
Demonstrating its commitment to helping operators achieve higher production performance in the Middle East, ProSep, a provider of field-proven process separation solutions, has announced receipt of a new contract for its proprietary mixing technology.
TotalEnergies has signed an agreement with NEO NEXT Energy Limited (NEO NEXT) under which TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership.
Rex International Holding Ltd, together with its subsidiaries, is pleased to announce that its subsidiary, Jasmine Energy Ltd (JEL), has successfully raised US$25 million in senior secured bonds with a three-year tenor.
Aker BP and operator Equinor have made a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. Gross recoverable volumes are estimated at 30 to 110 million boe.
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
If African nations can collectively support upstream scalability, midstream connectivity, and downstream certainty, gas production will not merely surge – it will transform the entire continent for the better.
New US$27 million EPCI contract with Equinor in the Norwegian North Sea.