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VES will combine its global manufacturing infrastructure with Sledgehammer’s supply chain efficiency to create a consolidated major producer of consumable downhole oilfield products across the Middle East, Asia and European markets.
The highest ESG score overall goes to Chevron, followed by SM Energy in second, while Ovintiv and ConocoPhillips shared third place.
Oil balances remain tight and prices are comfortably pinned above US$100 with risks to the upside, according to Enverus Intelligence Research’s latest PetroLogic report, Supply Constraints Dominate.
GD Energy Products has opened a new aftermarket facility to increase customer service and support capabilities in the Louisiana and East Texas region.
Operations have commenced on the Alkaid oil accumulation with the spudding of Alkaid #2, the company’s first horizontal well on the ANS, using the Nabors 105AC drill rig.
The Valaris DS-17 drillship has been tasked to drill an appraisal well, plug an old exploration well and conduct additional drilling scope in Brazil.
The company has been awarded a contract to deploy its high-volume mud cooler technology for a project owned by Germany’s largest private developer of geothermal systems.
The company has announced that it has joined the Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030.
CGG will apply its unique high-end OBS & FWI imaging technologies, expertise and specialised HPC from its UK and Cairo imaging centres to deliver the highest-quality 3D seismic images of pre-Messinian targets.
Coming into effect from 01 July 2022, all of Fraser Well Management’s personnel will transfer to the THREE60 Energy team.
Equinor has initiated a safe shutdown of the Gudrun, Oseberg South, and Oseberg East fields after members of the Norwegian Organisation of Managers and Executives (Lederne) trade union went on strike from midnight.
The permits, for wells off the coast of Norway, have been granted based upon the petroleum resource act paragraph 13.