Oil & gas news
Jumbo Offshore awarded mooring pre-installation contract by MODEC
Jumbo Offshore Installation Contractors has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.
The Norwegian Offshore Directorate reviews activity on the Norwegian shelf in 2023
2023 was an active year on the Norwegian shelf. 92 fields were in operation at year-end, 27 projects were under development and many exploration wells were drilled.
Global Energy Group awarded subsea7 contract
Global Energy Group has been awarded a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development.
SLB and Nabors announce collaboration to scale adoption of drilling automation solutions
The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.
SLB announces collaboration with Geminus AI
SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.
Dry well in the North Sea
Equinor’s exploration well 30/4-4 in the North Sea is dry. The well was drilled about 7 km north of the Martin Linge field in the North Sea and 180 km west of Bergen.
Beacon invests in Winterfell development in the Gulf of Mexico
Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision to develop the Winterfell discovery which is operated by BOE Exploration & Production and will be developed as a cost effective/low emissions subsea tieback.
Future Market Insights shares its overview of the digital oilfield solutions market
According to Future Market Insights, the global digital oilfield solutions market is projected to attain a valuation of US$39.63 billion in 2023 and is expected to reach US$65.4 billion by 2033.
Valaris announces contract awards and fleet status updates
Valaris Limited has announced new contracts and contract extensions, with associated contract backlog of approximately US$1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.
TotalEnergies increases its interests in offshore blocks 2913B and 2912
TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia Ltd an additional 10.5% participating interest in block 2913B and an additional 9.39% participating interest in block 2912, both operated by TotalEnergies in Namibia.