Upstream news updates

Sagentia Innovation’s Dan Spencer, R&D Consultant, and Michele Turitto, Managing Partner, Industrial, Chemicals, and Energy, discuss how to deliver on upstream goals with expert selection and integration of sensors.

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.

With the closing of the transaction, former ChampionX shareholders now own approximately 9% of SLB’s outstanding shares of common stock.

Viridien, TGS and Axxis Multi-client AS complete OMEGA Merge – the largest continuous OBN dataset over the Norwegian North Sea.

ExxonMobil, the Company’s carbon capture and sequestration (CCS) partner for this project, will be transporting and permanently storing the CO2.

Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras.

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.

Strohm, a producer of thermoplastic composite pipe (TCP), has successfully completed the first field trials with Petrobras for its TCP pipe design offshore Brazil, at water depths of approximately 1500 m.

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 to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.

Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development.

The agreement pertains to future subsea developments in the Gjøa area in the North Sea.

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.

This solution is designed to provide government organisations with the information needed to strengthen national security and safeguard critical underwater infrastructure.

TGS has entered a close collaboration with Equinor, advancing the digitalisation of carbon capture and storage (CCS) operations.

Duncan Baillie, Business Development Manager, OMMICA, discusses how the global oil and gas industry has to redetermine its approach to produced water treatment and water waste.

Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.

JDR Cable Systems (JDR), the global subsea cable supplier and service provider, part of the TFKable Group, has been awarded a significant service contract by Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, high-tech manufacturing and services.

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, 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.

Gas monitoring equipment used to ensure safe operations aboard Petrodec’s ERDA rig during trailblazing project in the Southern North Sea.

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.

Valaris has been awarded the contracts with Anadarko Petroleum Corp.

The vessels are being constructed for Greek shipowner Tsakos Group and will be a bare-boat charter by Brazilian energy logistics company Transpetro, supporting offshore operations in Brazil’s pre-salt oil fields.