Sentinel Subsea has successfully completed a six-figure project involving deploying two WellSentinel™ Coral systems for a key operator in the North Sea. This project supports a large-scale drilling operation and is a significant milestone in the company’s ongoing efforts to enhance offshore safety and operational efficiency. SourceContinue Reading

In a session titled “Offshore Production and Recovery: The Value of a Holistic Approach,” SLB’s President of Production Systems, Paul Sims, gave his take on key factors affecting the current offshore energy landscape, as well as SLB’s latest strategies and innovations. SourceContinue Reading

Viridien has sold its Sercel Marlin™ Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India. SourceContinue Reading

Kazakhstan is weighing options to comply with OPEC+ obligations to cut production, after Saudi Arabia doubled down on its efforts to bring quota-cheats in line. Kazakhstan previously agreed at a May OPEC meeting to reduce production to 1.5 million bpd in June. SourceContinue Reading

Sentinel Subsea has successfully completed a six-figure project involving deploying two WellSentinel™️ Coral systems for a key operator in the North Sea. This project supports a large-scale drilling operation and is a significant milestone in the company’s ongoing efforts to enhance offshore safety and operational efficiency. SourceContinue Reading

SLB announced at OTC Day 2 the launch of Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset. SourceContinue Reading

Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025. The VALARIS 247 is a 27-year-old jackup rig currently operating offshore Australia. SourceContinue Reading

ABS and Akselos S.A. have announced the joint completion of technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.  SourceContinue Reading

(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas.  Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification. SourceContinue Reading

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a global glut just as the trade war threatens demand. The drop follows OPEC+’s latest agreement to continue loosening supply constraints. SourceContinue Reading