Oil & gas news

The company has confirmed the award of five 10-year contracts, totalling approximately US$2 billion, in support of ADNOC Offshore’s growing drilling operations.

In four months of incident-free operation, the TETRA automated drillout system drilled out more than 2300 plugs without the need to pull a screen.

Eni S.p.A. has announced that, along with Vår Energi ASA, it has reached an agreement to acquire Neptune Energy Group Limited.

OMV Petrom and Romgaz have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block.

KCA Deutag has been awarded $70 million of platform drilling contracts in the UK North Sea.

This acoustic array platform enables energy companies to find and map fluid flow throughout the well-reservoir system with greater ease and precision.

The recent announcement by Keir Starmer, the leader of the UK’s Labour Party, that he will ban new oil and gas exploration licences if he gains power at the next election will be viewed as a largely symbolic gesture according to analysts Wood Mackenzie.

Halliburton Company and Nabors Industries has announced an agreement on leading well construction automation solutions.

Baker Hughes has been awarded a major subsea contract from Eni in Ivory Coast, Africa.

THREE60 Energy has been awarded a well decommissioning contract to plug and abandon multiple offshore wells in Europe.