Oil & gas news
Transocean Ltd. announces harsh environment contract award
The company has announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately US$113 million in firm contract backlog.
Petrobras accelerates digital transformation using Halliburton technology
Halliburton has announced that Petrobras will use the Landmark iEnergy® digital platform to address its subsurface challenges.
Wood Mackenzie: US Gulf of Mexico Lease Sale 259 shows optimism for the region
The US Gulf of Mexico region-wide Lease Sale 259 attracted 353 bids from 32 companies, with high bids totalling US$264 million.
Rystad Energy: M&A boom in South East Asia to see US$5 billion of upstream assets for sale
Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than US$5 billion of assets up for grabs, Rystad Energy research shows.
Trendsetter Engineering announces the award of a contract for the provision of subsea hardware by LLOG Exploration Offshore
The company’s scope of work includes the design and manufacture of the subsea production manifold featuring TCS subsea connectors along with valves sourced from Advanced Technology Valve S.p.A. (ATV) in Colico, Italy.
Neptune Energy to spend significant sum on decommissioning in Germany
The company has announced that it will spend US$23 million on a targeted decommissioning programme in Germany this year, plugging and abandoning wells which have ceased production and removing associated infrastructure.
RSK signals Nordic expansion with Danish geotechnical acquisition
4AP-Geoteknik is joining the group as part of RSK’s expansion into the Nordic region.
HESS selects Halliburton to implement digital wells
Hess Corporation has selected Halliburton’s well construction suite to plan, design, and construct safe, cost effective, and productive wells.
PGS awarded contract
PGS has been awarded a 3D exploration acquisition contract by a major international energy company.
GD Energy Products improves capacity of remanufacturing programme
The company has heavily invested in upgrading equipment and processes to improve capacity of its plunger remanufacturing service.