Weatherford International has joined forces with Honeywell to deliver a combined suite of tools for advanced emissions management to accelerate their customers’ decarbonization strategy.
Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.
China Merchants Energy Shipping (CMES) has signed a long-term transportation agreement with a subsidiary of PetroChina for two of its LNG carriers under construction. According to a stock exchange filing, CMES signed the agreement with China Petroleum International (Hong Kong) on November 7, 2023. U
Halliburton has pooled resources with Sekal to jointly provide well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.
Trelleborg’s Jonathan Petit sheds light on the reasons why industry standards need to keep pace with innovation for reeling operations.
U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
Energy services provider Expro has completed a well cementing project in the U.S. Gulf of Mexico for what it describes as a “large international operator”. Expro delivered an inner-string cementing on a subsea well’s 22″ surface casing in a water depth of approximately 2,000 meters in the Mississipp
McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.
Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.
Halliburton has joined forces with Oil States Industries to provide operators with deepwater MPD equipment, control systems, and services.
UAE-based AD Ports Group has acquired ten vessels for around $200 million, representing a circa 20% increase in offshore and subsea capacity for the company’s Middle East and Southeast Asia operations. The vessels, bought from offshore supply vessel owner and operator E-NAV, are said to make a well-
Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.
