Oil & gas news

SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.

The company’s first deep-water/high pressure thermoplastic composite pipe (TCP) jumper in South America has been successfully installed, commissioned and is up and running for ExxonMobil Guyana at its Liza field.

Chesapeake Energy Corporation has announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for US$700 million.

The company has moved its operations in Saudi Arabia into a new dedicated, state-of-the-art facility in Dammam as part of its roadmap to bolster and extend its expertise for customers.

Nabors has successfully converted all four of its Hess Corporation drilling rigs working in the Bakken to cleaner highline power.

Wood has been awarded a contract extension by Woodside Energy to support ongoing operations of the North West Shelf project in Australia.

Crude pricing could rise further into autumn, but demand growth could slow dramatically next year, according to the International Energy Agency (IEA).

The site survey and inspection of an offshore gas platform in UAE waters was executed entirely from an on-shore remote operations centre (ROC) using Fugro’s Blue Essence® technology.

The drilling waste management specialists will utilise its RotoMill® drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in the Mediterranean Sea.

Global has announced that it has been granted approval to proceed with next stage in Namibian basin.