SLB completes acquisition of ChampionX
With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB’s outstanding shares of common stock.
Drilling & production
Advertisement
CF Industries announces start-up of Donaldsonville complex CO2 dehydration and compression unit, permanent CO2 sequestration
ExxonMobil, the Company’s carbon capture and sequestration (CCS) partner for this project, will be transporting and permanently storing the CO2.
Seatrium: first turnkey FPSO delivery to Petrobras
Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras.
Perenco completes acquisition of oil and gas fields from Woodside Energy in Trinidad & Tobago
Perenco has announced the completion of the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago. The finalisation of the deal, combined with Perenco’s existing operation of the Teak, Samaan and Poui (TSP) and Cashima, Amherstia, Flamboyant and Immortelle (CAFI) fields, aligns Perenco as a major oil and gas producer in country.
Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.
Expro secures contract with Woodside Energy for Trion deepwater project
Expro to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.
Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand
The primary objective of the CM-1 workover is to restore oil and associated gas production from the Mt. Messenger sands and to remove flow restriction from sand production identified during prior operations.
More Drilling & production news
bp and NOC sign MoU to explore redevelopment of giant Libyan oilfields and unconventional potential
The agreement provides a framework for bp to assess a range of technical data and to effectively work with NOC to evaluate presented opportunities and determine the feasibility of future development and exploration programmes.
Vallourec secures two OCTG contracts in Iraq with CNOOC and with PetroChina
Vallourec, a company specialising in seamless tubular solutions, has secured two contracts to supply Oil Country Tubular Goods (OCTG) to support the drilling operations of CNOOC and PetroChina in Iraq. These contracts carry potential revenue of over US$130 million.
Expro enhances rig floor safety with Catwalk Sensor technology
Designed for manual rig environments, the technology is already making an impact in North Latin America – with potential to enhance safety across global land rigs where modern systems are still catching up.
Shelf Drilling awarded three year contract in India with ONGC
Shelf Drilling, Ltd has announced that it has received a three-year contract award for the J.T. Angel jack-up rig with Oil and Natural Gas Corp. (ONGC) for operations in the Mumbai High, offshore India.
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.
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.