Oil & gas news
Transocean announces US$195 million ultra-deepwater drillship contract
Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.
88 Energy announce oil and gas at discovery well in Alaska
88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.
Petrobras carries out scientific expeditions in the Equatorial Margin region
Researchers from Petrobras, the Geological Survey of Brazil (SGB), and 10 universities from the states that make up the geographical region of the Equatorial Margin, as well as two research institutions from the Southeast, has embarked for a scientific expedition on the Hydroceanographic Research Vessel (NPqHo) "Vital de Oliveira," operated by the Brazilian Navy.
SLB announces agreement to acquire ChampionX in an all-stock transaction
SLB and ChampionX Corporation has announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors.
Seatrium announce series of major contracts
Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.
APA Corporation completes acquisition of Callon Petroleum Company
APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.
Prima Energy announce approval of the revised AAL oilfield plan of development
Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.
Ocean Installer secures another SLM contract with Equinor
Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.
ADNOC announces first production from Belbazem offshore block
ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.
Well-Safe Solutions appoints first-ever Chief Financial Officer to fuel continued growth
Well-Safe Solutions has appointed its first-ever Chief Financial Officer as it continues to deliver its strategic growth plans throughout Asia-Pacific and Europe.