Following a significant investment, Saipem has expanded its Saudi Arabian training facility in Dammam to install state-of-the-art simulator technology to boost skills and competency across its teams...
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News
Global E&P players may invest $380 billion in 2021, but about 20% is at risk
Investments from global exploration and production companies (E&P) in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows...
Read More »Maersk Drilling selected for two-rig Suriname campaign by Total
Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, the Mærsk Developer and the Maersk Valiant...
Read More »Odfjell Drilling signs contracts with Equinor on Johan Sverdrup and Breidablikk
Odfjell Drilling announced that final contracts for the Johan Sverdrup Phase 2 and Breidablikk drilling campaigns have now been signed on such conditions as disclosed in aforementioned stock exchange notices...
Read More »Equinor announces increasing capacity on Johan Sverdrup
Equinor announced that the Johan Sverdrup field is again increasing its daily production capacity, expecting to reach around 500,000 bbl/day by the end of the year – around 60,000 bbl more than the original basis when the field came on stream...
Read More »BOEM proposes first GOM oil and gas lease sale for 2021
The Bureau of Ocean Energy Management (BOEM) proposed to offer approximately 78.2 million acres for a region-wide Gulf of Mexico lease sale scheduled for March 2021...
Read More »DNV GL launches RP on quality assurance of oil and gas industry’s digital twins
Developed in collaboration with TechnipFMC, DNV GL has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assure digital twins...
Read More »Expro wins contract for riserless well intervention system
Expro Group Australia, a subsidiary of Expro International Group Holdings, secured a major contract for its subsea riserless well intervention (RWI) solution, supporting Chevron Australia...
Read More »2021 Offshore Technology Conference postponed to August
The Offshore Technology Conference (OTC) Board of Directors has chosen to postpone the 2021 event to 16–19 August due to the ongoing challenges presented by COVID-19, as well as health and safety concerns of OTC partners, attendees, exhibitors, staff, and community...
Read More »Maersk Drilling secures one-well contract extension for Maersk Viking
Brunei Shell Petroleum has exercised the option to add exploration drilling of one deepwater well to the work scope of Maersk Drilling's 7th generation drillship, the Maersk Viking...
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