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
Rotork, a global leader in flow control and intelligent actuation solutions, has joined the Rockwell Automation Technology Partner Program. The collaboration marks a significant step in expanding Rotork’s presence within the industrial automation landscape. SourceContinue Reading
Repsol Resources UK has awarded Halliburton a five-year contract to support the full well lifecycle on their platform assets in the UK North Sea. Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments. SourceContinue Reading
TGS has announced a strategic partnership with Oseberg, a premier provider of lease and regulatory data for the energy sector. This collaboration brings Oseberg lease data attributes into TGS’ Well Data Analytics (WDA) platform for enhanced analysis. SourceContinue Reading
Subsea7 has secured a sizeable contract by Shell for a gas project offshore Trinidad and Tobago. The project involves the transportation and installation of subsea equipment at the Aphrodite development at depths of up to 290 m. SourceContinue Reading
OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of commodities research said. SourceContinue Reading
The chances that a rival oil company will take over bp Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co. SourceContinue Reading
Halliburton will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production and intervention to maximize plug and abandonment (P&A) operations. SourceContinue Reading
