(WO) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., as deepwater drilling work is once again on the rise thanks to steady oil prices and slower production growth from U.S. shale fields. SourceContinue Reading
(WO) — C-Kore Systems has announced the successful deployment of their 900th subsea testing tool. This significant milestone was reached with a mobilization for a major operator in Brazil, monitoring umbilical installations during a large-scale campaign. SourceContinue Reading
This is the second in a three-part series exploring the American Petroleum Institute’s (API’s) standards development process. World Oil recently spoke with Paula Watkins, API Senior Director of Standards Development, to gain insights into the intricacies of that process, the role of collaboration, and the challenges along the way. SourceContinue Reading
(WO) — Sunda Energy, an exploration and appraisal company focused on assets in Southeast Asia, gives an update on its operational and funding planning with respect to the Chuditch PSC development in Timor-Leste and an update on new business ventures. SourceContinue Reading
(WO) — Namibia’s next wave of offshore oil drilling is set to begin with the arrival of a rig near an existing discovery made by Galp Energia SGPS S.A. SourceContinue Reading
(WO) — Operators need to plug 200 North Sea oil and gas wells a year to meet targets. OEUK’s 2024 report shows that a stable government can keep decommissioning jobs in the U.K. and prevent contracts being won by European rivals. SourceContinue Reading
(WO) — Kongsberg Maritime will supply an extensive range of equipment for a new fleet of 10 platform supply vessels (PSV) being built by Fujian Mawei Shipbuilding in China for Greek shipowner, Capital Offshore. SourceContinue Reading
(WO) — BiSN, the global provider of wel-lok™ sealing solutions, has achieved a significant milestone by reaching 500 commercial deployments of its bismuth-based sealing technology. SourceContinue Reading
(WO) — Oil prices persevered as traders tracked tensions between Israel and Iran, with strikes continuing amid U.S. efforts to facilitate a cease-fire agreement. SourceContinue Reading
(WO) — Founded in 1994 with very few resources, the growth and evolution of Norwegian firm ClampOn is not only a great success story, it also serves as a classic textbook example of oil and gas entrepreneurship. SourceContinue Reading
