Oil & gas news

White Fleet acquired the out-of-service rig in 2022 and subsequently moved the rig to Gulf Copper's shipyard in Galveston, Texas, last July.

In line with the announcement on 31 August 2023, production at Montara restarted on 01 September 2023.

TWMA has launched RotoMill 2.0 wellsite processing solution technology which was unveiled at SPE Offshore Europe 2023.

The company has agreed to sell its oil and gas assets in Canada to Peyto for US$468 million (approximately €433 million) as part of its ongoing portfolio management to focus activity on core regions.

Mike Tholen, OEUK Sustainability and Policy Director, said: “It is vital our North Sea reserves are produced as sustainably as possible, so we can continue to protect the nation’s energy security while reducing our carbon footprint and building the low carbon energies of the future.”

The project will include carbon capture units at the Habshan gas processing plant, pipeline infrastructure, and a network of wells for CO2 injection.

Halliburton Company has introduced a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions.

The company has announced that its subsea robotics group is introducing a new uncrewed surface vessel (USV) service to support remote survey work scopes.

INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies.

The players aim to bring a new level of intelligence and performance to drilling rigs.