Upstream news

Seatrium to propel offshore innovation with first turnkey FPSO delivery to Petrobras.

The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.

Expro to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.

Duncan Baillie, Business Development Manager, OMMICA, discusses how the global oil and gas industry has to redetermine its approach to produced water treatment and water waste.

Valaris has been awarded the contracts with Anadarko Petroleum Corp.

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.

The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.

This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.

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.

Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.