Odfjell Technology has secured a five-year contract with a major operator in Kuwait for drilling and workover operations. The agreement, which includes a one-year extension option, strengthens Odfjell’s long-term position in the Middle East as a leading well services and engineering provider. SourceContinue Reading
A new Siemens global study reveals energy resilience and independence have overtaken decarbonization as top priorities for executives worldwide, signaling a shift from global climate cooperation to national energy security ahead of COP30. SourceContinue Reading
Weatherford and Maersk Training have partnered to launch the industry’s first all-level IADC-accredited Managed Pressure Drilling (MPD) training programs, combining advanced simulation and real-world expertise to enhance global drilling competency. SourceContinue Reading
SLB and Ormat Technologies have signed a strategic agreement to accelerate integrated geothermal asset development and deploy enhanced geothermal systems (EGS) at scale. The partnership includes an EGS pilot project and plans for global commercialization. SourceContinue Reading
UK-based energy services provider Petrofac has applied to enter administration after a failed restructuring deal and the cancellation of a major North Sea contract, placing more than 7,000 jobs worldwide at risk. SourceContinue Reading
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells. SourceContinue Reading
Halliburton signed a framework agreement with Shell to deploy its ROCS umbilical-less tubing hanger system, following successful Gulf of America trials that set a new deepwater record and reduced deck operations by 75%. SourceContinue Reading
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells. SourceContinue Reading
TotalEnergies and its partners will restart the $20 billion Mozambique LNG project after lifting force majeure imposed in 2021 following militant attacks. The move marks a major step toward reviving one of Africa’s largest LNG developments. SourceContinue Reading
Tenaris has been awarded contracts to supply casing, tubing, line pipe, and coatings for Woodside’s Trion development—the first ultra-deepwater oil project in Mexico. The Trion field, developed with Pemex, targets first oil in 2028. SourceContinue Reading
