Schlumberger has announced an award by Chevron to OneSubsea for the supply of an integrated subsea production and multiphase boosting system for the Anchor Field in the US Gulf of Mexico...
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Global and Regional Markets
Talos Energy acquires Gulf of Mexico portfolio through multiple transactions
Talos Energy has announced that the company has entered into a series of definitive agreements to acquire a broad portfolio of US Gulf of Mexico producing assets, exploration prospects and acreage...
Read More »Chevron announces $20 billion capital and exploratory budget for 2020
Chevron has announced a 2020 organic capital and exploratory spending program of $20 billion. The 2020 budget supports a portfolio of upstream and downstream investments, highlighted by Chevron’s Permian Basin position and more...
Read More »Devon Energy announces agreement with Dow to develop STACK acreage
Devon Energy announced it entered into an agreement with Dow to develop a portion of STACK acreage in central Oklahoma. The average working interest is estimated at 60% across a mix of standard and extended-reach lateral drilling locations...
Read More »Neptune Energy awards $40 million in drilling services contracts for Seagull
Neptune Energy, alongside its joint venture partners BP and JAPEX, have announced the award of new drilling services contracts for the Seagull project in the UK North Sea...
Read More »KCA Deutag awarded drilling contract for three UK North Sea platforms
KCA Deutag has announced that it has been awarded a five-year contract extension for three platforms operating in the UK North Sea...
Read More »ADNOC announces major rig fleet expansion program
ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced a major rig fleet expansion program to support ADNOC’s upstream growth plans and enable the delivery of its 2030 Smart Growth Strategy...
Read More »KCA Deutag secures $460 million of land drilling contracts in the Middle East, Africa and Europe
KCA Deutag has announced that its land drilling operation has won new contracts worth approximately $460 million in the Middle East, Africa and Europe. In Oman, KCA Deutag has won a three-year contract extension, which commences in 2021...
Read More »Maersk Drilling awarded two-well contract for Mærsk Developer offshore Trinidad
Maersk Drilling has entered a contract with BG International, a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semisubmersible rig Mærsk Developer. The contract has an estimated duration of 171 days and is expected to commence in Q1 2020...
Read More »New generation of lever hoists offer high levels of safety and performance
William Hackett has announced the launch of SSL5, which incorporates its patented quad pawl (QP) mechanism. The patented QP mechanism synchronizes a set of four pawls which constantly work together to minimize the time and distance travelled to the next point of engagement...
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