OEG has secured a significant multi-year helifuel services contract with a major UK operator. Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis. SourceContinue Reading
U.S. oil output is now expected to slip to 13.37 million bpd in 2026 from about 13.42 million bpd from 2025, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday. SourceContinue Reading
The 2025 Unconventional Resources Technology Conference (URTeC) began in Houston on Monday, June 9. In what became a clear theme for the conference, panelists discussed the possibility for unconventional resources to shine amidst a fluctuating market for oil. SourceContinue Reading
EIVA and Terradepth have announced a partnership to streamline subsea data workflows by integrating Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software. The collaboration automates the entire subsea-to-client data workflow. SourceContinue Reading
U.S. oil output is now expected to slip to 13.37 million bpd in 2026 from about 13.42 million bpd from 2025, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday. SourceContinue Reading
Odfjell Technology and Oilfield Service Professionals (OSP) have entered a global strategic partnership aimed at enhancing operational performance, efficiency, and innovation across international oilfield markets. SourceContinue Reading
The 2025 Unconventional Resources Technology Conference (URTeC) began in Houston on Monday, June 9. In what became a clear theme for the conference, panelists discussed the possibility for unconventional resources to shine amidst a fluctuating market for oil. SourceContinue Reading
ABB has been awarded a large order by Seatrium to supply electrical equipment and automation solutions on a new generation of FPSO vessels for operator Petrobras. The two vessels—P-84 and P-85—will be deployed approximately 200 km offshore Brazil. SourceContinue Reading
Viridien has set a new seismic data acquisition standard with the launch of Sercel Accel, the industry’s first onshore drop node solution. Accel eliminates the need for nodes to be buried or planted in the field, thereby drastically reducing deployment time and labor requirements. SourceContinue Reading
ADNOC Gas has reached final investment decision (FID) and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital investment. SourceContinue Reading
