Odfjell Drilling has announced that it has been awarded a platform drilling contract for ConocoPhillips Skandinavia AS. The contract work includes drilling operations, work-over campaigns, P&A activities and more...

Devon Energy has announced it entered into a definitive agreement to sell its assets in the Barnett Shale to BKV for $770 million. This transaction is expected to close in Q2 2020. Devon expects no incremental cash taxes associated with the divestiture of these assets...

Maersk Drilling has entered into an agreement with a subsidiary of Shelf Drilling to sell the jackup rig Maersk Completer for $38 million in an all-cash transaction. The transaction is subject to customary closing conditions, and the rig is expected to be delivered in January 2020...

ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule and risk. The frame agreement continues more than three decades of collaboration, with ABB supporting Equinor to consider innovative opportunities in an era of greener, cleaner energy and increasing automation...

Forum Energy Technologies (Forum) has completed a three-month upgrade to its hyperbaric testing facility, which will result in an operational time saving to clients of more than 35%...

Maersk Drilling has secured a three-well contract for the Maersk Discoverer semisubmersible rig with BP for development drilling at the Matapal project offshore Trinidad and Tobago. The contract has an estimated duration of 322 days and is expected to commence in July 2020...

One of the dominant causes of component and system failures in hydraulics is contaminated oil. The new TAN Delta Oil Quality Sensor addresses this challenge and offers a solution through providing instant feedback on oil quality, Tab Manning with Pratt Hydraulics says in this video with DC...

Keppel Offshore & Marine, through its wholly owned subsidiary Keppel FELS, has delivered the KFELS B Class jackup rig, Cantarell III, to a wholly owned subsidiary of Grupo R with a perfect safety record...

Seadrill announced that the West Mira rig has been awarded the DNV GL Battery class notation. By using the four converter-battery systems on the West Mira, Seadrill estimates the runtime of the rig’s on-platform diesel engines will be reduced by 42%, CO2 emissions cut by 15% and NOx emissions reduce by 12%...

Schlumberger and Dataiku have entered into a technology partnership that will enable the E&P industry to build and deploy their own AI solutions across the full breadth of their upstream workflows within the DELFI cognitive E&P environment...