Oil & gas news

The contract values are calculated at around US$369 million for both firm periods.

Wood and Harbour Energy, have entered into a new strategic partnership for UK North Sea operations agreeing a new master services agreement and contracts valued at around US$330 million

The Offshore Technology Conference (OTC) has announced that Petrobras will receive the 2023 OTC ‘Brasil Distinguished Achievement Award’ in acknowledgement of the development of a technological solution in the global offshore industry dedicated to well construction and intervention.

The company has signed four memorandums of understanding (MOUs) with China Energy, SINOPEC, CNOOC and Citic Construction, China's main oil and energy groups.

The Bureau of Safety and Environmental Enforcement (BSEE) conducted a Government Initiated Unannounced Exercise (GIUE) on 29 – 30 August to assess DCOR, LLC’s ability to activate its incident management team and carry out procedures in its approved oil spill response plan.

Odfjell Technology, has strengthened its in-house well services offering with the addition of wellbore cleaning chemicals, enabling more efficient and sustainable operations.

Transocean Ltd has announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding notification of award for work offshore India.

This milestone comes less than two years after the discovery in September 2021 and less than a year and a half after the final investment decision.

The company has recently launched AcidBoost – a biosurfactant-based product line to address the prevalent challenges in wellbore remediation with acid stimulation fluid systems.

Sercel now has a complete portfolio of seabed nodal solutions for all water depths down to 6000 m to meet growing industry demand for ocean bottom node seismic surveys.