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.
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.
Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.
EnerMech has been awarded a three-year fixed term contract with a further two by two-year extension option periods by Dana Petroleum.
The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.
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.
This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.
With Neotork, operators and directional drilling companies can achieve significant cost savings and improve operations, especially in increasingly challenging environments.
Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.
The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent.
The acquisition underscores Viaro’s continued commitment to long-term investment and responsible growth in the UK North Sea.
Jonathan Petit, Trelleborg Oil and Marine, argues that, amid the surge in global oil demand, with Ship-to-Ship (STS) operations growing in popularity, choosing the right marine hoses will play a key role in delivering the cost efficiencies required to take full advantage of this opportunity.
Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.
Vallourec will supply more than 30 000 t of carbon steel tubulars and associated accessories.
The SLB OneSubsea scope includes two new satellite subsea CO2 injection systems with associated tie-in equipment. Work has already commenced, with first deliveries expected in 2026.
Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates.
Maria Phase 2 is a four well subsea tie-back to existing infrastructure in Harbour’s operated Maria field.
The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan sector of the Caspian Sea, with an area of approximately 958 square km.
In response to recent media speculation Shell wishes to clarify that it has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer.
“Adura” has been chosen as the name for Equinor and Shell’s incorporated joint venture (IJV).
The installation, completed earlier this year, forms part of Salunda’s growing activity in the Americas deepwater market.
Garry Stephen, Vice President, UK and Asia, Oil States, examines the new bar being set in safety and efficiency standards for drilling complex wells.
The agreement is to scale the adoption of automated and autonomous drilling solutions.
Fugro has been awarded a contract to run a comprehensive site characterisation programme for an Eni operated development of a deepwater gas project in the Eastern Mediterranean.
Maritime Developments (MDL) has been awarded a contract by Saipem to provide specialist equipment and operational support for two recent flex-lay campaigns offshore Ivory Coast, Senegal and Mauritania.