Oil & gas news

The company has announced the award of a contract by Woodside Energy to provide subsea installation services for the Trion development.

The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2000 people per year, and have an estimated value of NOK 18.4 billion.

Wellvene has signed an agreement with integrated completions provider Marwell AS to bolster its significant growth in Norway and bring new products to the region’s growing well intervention market.

Parker Wellbore and TDE have entered into an exclusive strategic alliance aimed at revolutionising the drilling process.

Axis Energy Services has announced its successful deployment of a fully electric well service rig on wells operated by Occidental.

The company has been awarded a four-year contract extension for platform drilling services for Equinor in Norway with an estimated contract value of NOK 8 billion.

Perenco UK has announced a decommissioning milestone with the successful completion of the plug & abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.

Talos Energy has provided an updated 2024 operational and financial guidance to reflect the closing of the QuarterNorth Energy acquisition earlier than expected. Prior guidance was based on an end 1Q24 close.

The United States produced more crude oil than any nation at any time, according to the International Energy Statistics, for the past six years in a row.

Aramco has awarded Worley a general engineering services plus contract for an additional five years with potential for an extension of up to three) one-year increments.