trends

Enteq Technologies (Enteq), a specialist energy services engineering and technology company, has successfully completed its latest round of trials for The SABER Tool, its next-generation Rotary Steerable System (RSS) technology, at the Catoosa Test Facility. […]

Interocean Marine Services (Interocean), a leading specialist in offshore support services, has been named the winner of this year’s Associate Member’s Safety Award at the prestigious IADC North Sea Chapter (NSC) Annual Safety Awards.   […]

(Bloomberg) – A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade, according to analysts […]

Reconnaissance Energy Africa Ltd. continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in […]

Baker Hughes announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes’ innovative completions technology portfolio and extensive experience in Brazil to […]

Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The $905 million […]

Reelwell AS has secured a strategic equity investment by Odfjell Technology, the company announced today. The deal sees Odfjell Technology purchase a 10% stake in Reelwell for 40 million NOK. The investment will be used […]

Shell Brasil, a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin, offshore Brazil.    The Gato do Mato […]

(Bloomberg) – The Trump administration is poised to extend Chevron Corp.’s deadline to halt its Venezuela operations for at least another 30 days, following lobbying efforts by the Texas-based oil giant, people familiar with the […]

Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has successfully deployed a 36” x 38” conductor pipe in Kuwait’s first offshore Jurassic well. The well, operated by a global […]