Drilling & production

The decline in drilling rigs coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.

Expro, a provider of energy services has been awarded major contracts from OMV Petrom, totalling more than US$10 million for the Neptun Deep gas project in the Black Sea.

EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore.

bp has reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields.

Announcement of discussions between the Italian major and the Malaysian national oil company.

Expro wins contract supplying tubular running services for landmark carbon capture and storage project

Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX automation and remote operations, Sekal’s Drilltronics, and the rig automation control system.

DrillDocs delivers enhanced wellbore stability management using AI-enabled computer vision.

SLB has announced that, in connection with SLB’s planned acquisition of ChampionX, all applicable waiting periods under the US Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the US.

Viking Completion Technology has announced a series of high-profile successes in Saudi Arabia, completing five trial projects within a 14-month period.

Tokyo Gas Co., Ltd. has announced that it has agreed to sell its Eagle Ford shale gas assets.

ConocoPhillips has announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields to subsidiaries of Shell plc, for US$735 million subject to customary closing adjustments.

CNOOC Ltd has announced that Luda 5-2 North Oilfield Phase II Development Project has commenced production.

Earlier this month, BGX acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210 acre area of mutual interest from the operator, Adler Energy, LLC.

UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.