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World Oil News
Halliburton has strengthened its portfolio for digital oilfield intelligence with the launch of SK™ pages, part of its Summit Knowledge® (SK™) digital ecosystem. Source
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Argent LNG is planning to unveil at Gastech 2025 a new site layout for its flagship 25 MMtpa export terminal — launching its first phase of development across an expanded 900 acres at Port Fourchon on the Gulf of America/Gulf of Mexico. Source
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Expro has successfully delivered the world’s first fully remote five-plug cementing operation in Saudi Arabia. The five-plug stage-cementing operation was executed for a 9-5/8” casing run in a high-pressure gas well—the longest of its kind in the field. Source
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Lime Petroleum AS (LPA) has published a production update on the Brage and Yme fields, located in the Norwegian North Sea. According to LPA, for the full month of July 2025, production at the Brage and Yme Fields combined was 11,941 boed. Source
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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). Source
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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 Source
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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. Source
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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. Source
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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. Source
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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. Source
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