Oil rig news

Equinor and partners have struck oil and gas in the Fram area, nine kilometres north of the Troll field in the North Sea.

US-based offshore energy services company Helix Energy Solutions Group has secured a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico, beginning in 2026.

The vessel will be used during the Pre-Operational Assessment (APO), scheduled to begin on 24 August.

Aker BP, together with NOV and Nymo, have celebrated an important milestone in the Valhall PWP project: the completion of equipment installation on the 1000 t MEG module being built at Nymo’s yard in Grimstad.

In the oil and gas industry, 'Christmas trees' are not a seasonal decoration. They are critical components that make it possible to control and monitor the wellhead and stop the oil flow in an emergency.

The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform.

Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.

Designed for manual rig environments, the technology is already making an impact in North Latin America – with potential to enhance safety across global land rigs where modern systems are still catching up.

The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan sector of the Caspian Sea, with an area of approximately 958 square km.

This is the third discovery exploration well in production licence 891.