Tampnet has deployed a Private Multi-Access Edge Compute (PMEC) with 4G/5G capabilities on Vår Energi’s Jotun FPSO, the first installation of its kind on a floating production storage and offloading unit (FPSO). SourceContinue Reading
Valmet has signed a nationwide agreement with Petrobras (Petróleo Brasileiro S.A.) for the supply of spare parts of Neles™ valves, actuators, and positioners across all Petrobras operational units SourceContinue Reading
Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies. SourceContinue Reading
C-Kore Systems recently delivered its subsea testing tool- TDR (Time Domain Reflectometry) to Belfast within six hours of receiving the initial request from Vermilion Energy, marking their fastest delivery in the company’s history. SourceContinue Reading
Teledyne Geophysical Instruments has launched eXtreamer, a small form factor streamer engineered for high-resolution marine seismic surveys. This adaptable system excels in challenging deployments, including large-scale configurations and compact winch systems. SourceContinue Reading
Shale oil producers added a single drill rig this week, staving off at least for now a pandemic-level downturn in U.S. activity. The reversal suggests drillers may be close to done releasing rigs after a 14% drop over past three months, analysts say. SourceContinue Reading
Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years. SourceContinue Reading
ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA FPSO brings total installed capacity in Guyana to above 900,000 bopd. SourceContinue Reading
Milbank LLP is advising YPF S.A. in connection with its definitive agreement with Total Austral S.A., an affiliate of TotalEnergies, to acquire a 45% interest in Rincón La Ceniza and La Escalonada, two unconventional oil and gas blocks located in Argentina, for $500 million. SourceContinue Reading
