Weir Oil & Gas announced the availability of the new Weir Latch Back Pressure Valve (LBPV) Drill-Thru System...
Read More »Saipem invests in staff competency with new simulator technology
Following a significant investment, Saipem has expanded its Saudi Arabian training facility in Dammam to install state-of-the-art simulator technology to boost skills and competency across its teams...
Read More »Wellpro Group announces expansion into Saudi Arabia
Global well intervention company Wellpro Group has enhanced its international expansion by announcing its entry into the Saudi Arabian oil and gas market...
Read More »Global E&P players may invest $380 billion in 2021, but about 20% is at risk
Investments from global exploration and production companies (E&P) in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows...
Read More »Maersk Drilling selected for two-rig Suriname campaign by Total
Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, the Mærsk Developer and the Maersk Valiant...
Read More »Neptune Energy hires Egypt Managing Director
Neptune Energy announced Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo...
Read More »Odfjell Drilling signs contracts with Equinor on Johan Sverdrup and Breidablikk
Odfjell Drilling announced that final contracts for the Johan Sverdrup Phase 2 and Breidablikk drilling campaigns have now been signed on such conditions as disclosed in aforementioned stock exchange notices...
Read More »Noble Holding Corporation announces confirmation of plan of reorganization
Noble Holding Corporation announced that the US Bankruptcy Court for the Southern District of Texas has issued an order approving the company's joint plan of reorganization...
Read More »Equinor announces increasing capacity on Johan Sverdrup
Equinor announced that the Johan Sverdrup field is again increasing its daily production capacity, expecting to reach around 500,000 bbl/day by the end of the year – around 60,000 bbl more than the original basis when the field came on stream...
Read More »BOEM proposes first GOM oil and gas lease sale for 2021
The Bureau of Ocean Energy Management (BOEM) proposed to offer approximately 78.2 million acres for a region-wide Gulf of Mexico lease sale scheduled for March 2021...
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