Upstream news
Valaris announces multi-year contract awards for drillships
Valaris has been awarded the contracts with Anadarko Petroleum Corp.
Innovex completes divestment of subsea tree product line
Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.
Union Jack Oil plc announce resumption of production at Keddington Oilfield
The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.
ADNOC Drilling awarded five-year contract for oilfield services worth up to US$800 million
This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.
Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign
Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.
Oil discovery in the Johan Castberg area in the Barents Sea
Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.
Reusing produced water
Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates.
Equinor and Shell announce name of UK North Sea’s largest oil and gas producer
“Adura” has been chosen as the name for Equinor and Shell’s incorporated joint venture (IJV).
Derisking MPD operations
Garry Stephen, Vice President, UK and Asia, Oil States, examines the new bar being set in safety and efficiency standards for drilling complex wells.
Fugro to support deepwater gas project for Eni in Eastern Mediterranean
Fugro has been awarded a contract to run a comprehensive site characterisation programme for an Eni operated development of a deepwater gas project in the Eastern Mediterranean.