The hooks, which are almost nine times larger than the company’s first 3D printed crane hook, were produced through an additive manufacturing technique that significantly reduces delivery time at a cost competitive with forgings and castings.

The added well intervention scope for the Maersk Intrepid has a firm duration of 31 days, which means that the rig is now contracted until February 2022. The firm value of the contract extension is approximately $10.5 million.

Valaris was awarded a 183-day extension to its contract with Aramco for Valaris JU-140, a standard-duty modern jackup. The extension is in direct continuation of the existing contract and, as a result, the Valaris JU-140 is now expected to be under contract through the end of 2021.

Norske Shell is using Kongsberg Digital’s digital twin solution, Kognitwin Energy, to create a virtual representation of the Ormen Lange deepwater gas field. It will feed into the existing onshore digital twin developed at the Nyhamna gas-processing facility. The twin solution

The $295 million deal would add 16 super-spec drilling rigs to Patterson-UTI's current fleet of 150 super-spec drilling rigs in the US and expand the company's geographic footprint into Colombia. The transaction is expected to close in Q4 2021.

The companies will perform joint research and development in the PRM technology space, and Reveal Energy Services will integrate this technology for mapping hydraulic fractures and real-time fracture monitoring into its IMAGE Frac service. 

The template—developed in consultation with API members, the financial sector, policymakers, industry customers and other interested parties—includes relevant climate-related information. API expects to release additions to the template focused on GHG emissions intensity indicators later this year.

In its 2020 Report on Corporate Responsibility, the company detailed a net-zero roadmap to achieve net-zero scope 1 and 2 carbon emissions by 2050 and highlighted its emissions reduction activity over the past year.

The Equinor-operated project is the first on the Norwegian continental shelf to be put on stream from shore. The Martin Linge platform receives power via the world’s longest alternating-current sea cable, measuring 163 km from an onshore substation.

The agreement includes evaluation of Kognitwin Energy, a contextualized digital twin solution containing dynamic simulation and collaboration capabilities. Initial efforts will be focused on a new asset in ExxonMobil’s Guyana portfolio.