Comet Ridge has completed its acquisition of Santos’ 42.86% interest in the Mahalo Gas Project, giving it 100% ownership and operatorship of the broader 1,850-sq-km Mahalo Gas Hub as it advances toward FID. SourceContinue Reading
Equinor has selected Emerson to provide measurement instrumentation and services across its global onshore and offshore operations under a frame agreement spanning up to 13 years, including options. SourceContinue Reading
SLB has launched its ExaCT electrical control system for coiled tubing interventions, with field testing showing a roughly 175-hour reduction in intervention time during one six-lateral well operation. SourceContinue Reading
ADNOC has awarded McDermott a contract valued at more than $1 billion for Package 4 of the Umm Shaif development, covering a new offshore pressure boosting facility designed to increase gas recovery and production. SourceContinue Reading
CB&I Asset Solutions has secured a three-year contract to operate and maintain an FPSO offshore Côte d’Ivoire, an award the company classifies at between $50 million and $100 million. SourceContinue Reading
DNV has acquired Equinor’s WellSpot technology, developed and operated over 15 years, and will commercialize the platform to help offshore operators continuously monitor and manage subsea wellhead fatigue. SourceContinue Reading
The UK is reportedly considering additional LNG import capacity as North Sea production declines, prompting Aberdeen business leaders to challenge government restrictions on new offshore oil and gas development. SourceContinue Reading
Santos expects second-half production to rise 20%–30% as Alaska’s Pikka project ramps toward 80,000 bpd and Barossa advances toward 600 MMcfd, with a Papua LNG FID targeted for the fourth quarter. SourceContinue Reading
The Texas Railroad Commission assessed more than $3.1 million in enforcement penalties against operators and businesses, including $2.1 million through agreed orders and $1.02 million through default orders. SourceContinue Reading
L&T Energy Hydrocarbon Offshore has secured a more than ₹150 billion ($1.57 billion) EPCIC contract for a major Middle East offshore development involving multiple facilities and subsea infrastructure. SourceContinue Reading
