The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optime’s technologies as a service across its global portfolio.

The contract, which is expected to commence in December 2021 with an estimated duration of 150 days, includes five additional one-well options for work offshore Malaysia, the Philippines and Brunei Darussalam. Firm contract value is $34 million.

A series of pre-agreed tests were successfully performed on Weatherford's test rig in Houston to witness and verify the integration and functionality of both systems. The rig trial is part of an agreement signed by Weatherford and Safe Influx in September 2020.

The Maersk Venturer drillship, which has been contracted for four years, is expected to drill four wells in total in 2021, consisting of two Jubilee production wells, one Jubilee water injector well and one TEN gas injector well.

CNOOC Well Control Center (CWCC) will invest £1.1 million in state-of-the-art simulator technology to support the oil and gas industry in China, 3t-China announced CWCC has developed new classrooms and installed several MultiSIMs,

Infostat Systems has announced that the newest release of the widely used RIMDrill rig reporting and business analysis system will include the new IADC DDR Plus version of the venerable IADC report.

At present, few countries require producers to either pay a carbon tax or participate in an emissions trading scheme (ETS). But as governments seek to meet decarbonization targets, that could soon change. Carbon charges are likely to come,

Premier Oil announced that its all-share merger with Chrysaor and the reorganization of Premier’s existing debt and cross-currency swaps has been completed. Further, Premier has changed its name to Harbour Energy.At completion, the shares in Harbour Energy were owned approximately as follows:

Researchers at the Colorado School of Mines believe the reliability of lunar exploration missions can be improved with comprehensive, real-time drilling optimization algorithms. Similar to what are used in the oil and gas drilling industry, these algorithms rely on real-time drilling response mechanisms to adjust various control parameters, ensuring closed-loop automated drilling from the lunar surfaces.

The term “digital transformation” has long been a buzzword within the oil and gas industry. Only in recent years has that “buzz” finally started to translate into true change. Today, automation discussions are slowing pivoting toward how to implement those changes at scale, but industry fragmentation is hurting that effort.