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COSL said its Energy Control project was designed to simultaneously slash greenhouse gas emissions and lower fuel and maintenance overheads on the company’s rigs situated on the Norwegian shelf in the North Sea. The companies estimate that fuel consumption from COSL's semisubmersibles COSLPromoter and COSLInnovator will be reduced by around 2,300 tonnes/year and CO2 emissions by 7,300 tonnes/year, equating to an overall saving in fuel and emissions of more than 25%.

As part of the deal, the two sides will partner to give companies immediate access to Cudd's team of well control specialists, engineers and critical well intervention services. The alliance will actively support traditional energy insurance products, in addition to Cudd's recently launched “Increased Costs of Drilling and/or Completion Insurance” program.

C-Innovation, an affiliate of Edison Chouest Offshore and its family of companies, has announced a one-year contract extension with BP for riserless light well intervention (RLWI) in the US Gulf of Mexico (GOM). The company’s Island Venture vessel is currently mobilized and working on one of BP’s assets. The initial RLWI contract with BP called for both mechanical and hydraulic acid stimulations. These were executed from C-Innovation’s flagship GOM assets, the Island Venture and the Island Performer, which the company said were the only RLWI vessels operating in the GOM. The work was performed in water depths of up to 6,500 ft on different assets within the GOM. C-Innovation will supply and complete all project management and engineering to provide ...

The initiative will provide an open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries, giving energy operators, service providers and software vendors for energy services a framework for interoperable solutions, including AI and physics-based models.

The deal covers the development of dCarbonX's geoenergy initiatives, including carbon capture, use and storage (CCUS) and geothermal and hydrogen storage covering the company's planned operated projects in the United Kingdom and Ireland.

NOV’s ReedHycalog business unit has launched the ION+ polycrystalline diamond compact (PDC) cutter technology. ION+ cutters feature a wide range of application-specific cutter grades, incorporating refined diamond feeds, higher manufacturing pressures, new nonplanar interfaces, and thicker diamond tables with enhanced thermal stability. ION+ cutters are engineered to stay sharper for longer, delivering superior drilling performance in challenging formations. Leveraging cutter grade knowledge and a strong foundation in shaped cutter design, ReedHycalog engineers rapidly and continuously update cutter grades to meet thermal, abrasion, and toughness requirements for the application. By coupling shaped cutter technology with optimized cutter placement, ReedHycalog drill bits can achieve the perfect balance of efficiency and durability.

Following completion of ‎the sale, BP will remain operator of the block, holding a 40% interest.‎ The block, which contains the largest tight gas development in the Middle East, has already had two phases of development – ‎Khazzan, which began production in 2017, followed by Ghazeer in October 2020.

Odfjell said the Siemens BlueDrive DC Grid technology will help operators meet their long-term emission reduction targets. The upgrades will be carried out on Deepsea Atlantic and Deepsea Nordkapp, with the opportunity to include Deepsea Stavanger, Deepsea Aberdeen, and Deepsea Yantai at a later stage.

The Gorilla VI jackup, operated by Valaris, will drill four wells for the development in the UK Central North Sea over the course of the drilling campaign, which is expected to last 18 months. The Seagull development is expected to produce 50,000 BOED, and proved plus probable gross reserves are estimated at 50 million BOE.

Under the farm down agreement, Zarubezhneft will carry Premier for its share of a two-well campaign to appraise the Tuna discoveries offshore Indonesia, scheduled to commence in the second quarter of this year. In addition, the companies secured Indonesian government approval for a one-year extension to the exploration period of the Tuna PSC to March 2022.