Drilling & production

The global land drilling rig market has been through a tough downturn characterised by an inward focus through the supply chain on survival.

Schlumberger has signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, in alignment with the Kingdom’s economic vision for 2030.

Halliburton Co. has launched drilling operations in the Zhuravlinaya area of the Vostochno-Taimyrsky license block for LUKOIL.

The rig was named Heydar Aliyev at a ceremony in Azerbaijan by the President of Azerbaijan, Ilham Aliyev.

Aker BP has received consent to use Mærsk Invincible for plugging wells at Valhall.

Tullow Oil plc has announced that the Emekuya-1 well in Block 13T, Northern Kenya has encountered around 75 m of net oil pay in two zones.

The Oil & Gas Technology Centre’s Technology Zone at SPE Offshore Europe 2017 will present a series of technologies used in alternative sectors to encourage the oil and gas industry to think differently about the adoption of new products.

Tendeka, a provider of Oil & Gas completion systems has been awarded additional work scope with Statoil Petroleum in Norway.

The agreement was signed in Sochi in the presence of the President of the Russian Federation, Vladimir Putin, and the Italian Prime Minister, Paolo Gentiloni.

2H Offshore has launched of the STREAM (STeel Riser Enhanced Analytics using Measurements) joint industry project.

Simark Controls Ltd has received a major follow-up order for their proprietary Variable Frequency Drive systems (VFDs) from an Alberta Oil Producer.

Wood Group has received a contract to support Shell in the decommissioning of the Brent Bravo platform in the North Sea.

Sacgasco Ltd has signed a farm-out agreement with Empyrean Energy plc (EME) for the natural gas Dempsey Prospect and other Sacramento Basin assets.

Samsung Heavy Industries has awarded TMC Compressors (TMC) a contract to deliver a marine compressed air system to a FSRU.

Wärtsilä has signed an agreement to acquire Greensmith Energy Management Systems Inc.