Welltec has been awarded a crucial role in a project funded by the US DOE and led by the University of Oklahoma to illustrate that near-field enhanced geothermal systems can be successfully deployed...

The project is expected to reach its peak production of approximately 35.32 million cu ft of natural gas and 5,720 bbl of condensate oil per day by the end of 2020...

Maersk Drilling has been awarded a three-well contract from Total E&P Angola for the 7th generation drillship Maersk Voyager, which will be employed to drill development wells in Angola’s Block 17...

Intebloc has been awarded a three-year contract from Stena Drilling to provide Rig-Ware, its data management system, to enable increased control of vessel lifting equipment...

The deal is the largest US shale acquisition in 2020 to date, surpassing Chevron's $5-billion acquisition of Noble Energy in July. ConocoPhillips will acquire Concho’s 550,000 net acres in the Delaware and Midland Basins, significantly boosting its position in the Permian.

Weatherford's Shallow Angle QuickCut System achieved a 12 ¼-in. casing sidetrack, delivering a 22-ft window in a single trip for an ultra-deepwater well in the Gulf of Mexico...

Acting Director Walter Cruickshank and Gulf of Mexico Regional Director Mike Celata announced that BOEM will offer approximately 78 million acres for a region-wide lease sale scheduled for 18 November 2020...

Wood has entered into a three-year agreement to deliver operations, maintenance, modifications, and offshore services on the Mariner A platform and Mariner B floating storage unit to support Equinor's operations...

Halliburton introduced the Crush & Shear Hybrid Drill Bit, a new technology that combines the efficiency of traditional PDC cutters with the torque-reducing capabilities of rolling elements...

DNV GL led a pilot project with Aker BP to remotely perform inspections on three of their offshore cranes on the Norwegian Continental Shelf...