Talos Energy has announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located offshore Mexico's prolific Sureste Basin...

Data Gumbo has announced that the Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium has awarded the company its first contract to implement a pilot blockchain in water haulage...

Developing and implementing an emergency response plan is one of the most critical actions that an operator can take in order to save money and lives and protect the environment in case of a well control incident...

Helmerich & Payne has announced its quarterly dividend and provides an operational and capital expenditures update. On 4 September 4 2019, the Board of Directors of H&P held a meeting and declared a quarterly cash dividend of $0.71/share on its common stock...

The Director of the US Bureau of Safety and Environmental Enforcement (BSEE) Scott Angelle wants to take his agency beyond being an organization that writes regulations. He wants to ensure that regulations are appropriate and drive performance...

DNV GL has proposed the “Probabilistic Digital Twin” to close the gap between digital twins – used increasingly by operators to manage the performance of their assets – and risk analysis still largely conducted manually before assets enter service...

Equinor and its partners are preparing for production start from the Johan Sverdrup field in October this year, one month ahead of schedule. Equinor also presented updated operating costs and strong cash flow estimates for the initial year of production...

Equinor and its partners started production from the Snefrid Nord gas field, the first discovery tied back to the Norwegian Sea Aasta Hansteen field. It also sets a new depth record on the Norwegian continental shelf. Recoverable resources for Snefrid Nord are estimated at 27.5 million BOE...

Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a nine-well contract with six options, each for one well, in Angola for the Libongos drillship. The estimated total contract value is $101 million...

The Rapid-S53 JIP, Reliability and Performance Information Database for Well Control Equipment covered under API S53, continues to evolve with a focus on data quality. Mr Gallander provides an overview of the ongoing project, the role of the Technical Reference Group, and the JIP’s relationship with the US Bureau of Transportation Statistics...