
Shell contracts Valaris drill ship
Shell will use the VALARIS DS-10 for drilling one well offshore Namibia and Sao Tome and Principe.
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Shell will use the VALARIS DS-10 for drilling one well offshore Namibia and Sao Tome and Principe.

Most US shale producers are being conservative in their production and capital guidance, as priorities remain around protecting balance sheets and generating free cash flow, according to GlobalData.

Africa Geophysical Services will use STRYDE’s nodes to obtain data for oil and gas exploration projects in Oman and Africa.

The sale to Kentech was completed on 15 August, following receipt of Saudi Arabian regulatory approval.

The merger is expected to be completed in the second quarter of the 2022 calendar year with an effective date of 1 July 2021.

The Yoti West-1 Exp well is being drilled by the Valaris 8505 semisubmersible rig.

Production has started from the Cuica field via the Armada Olombendo FPSO vessel.

KDS JV AS will carry out subsea decommissioning work for DNO in the Norwegian Continental Shelf.

The contract is set to begin in 4Q21 and will be accomplished from the Fugro Aquarius using two Fugro-built 3000 m work-class remotely operated vehicles.

Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

OEM Group has secured a seven-figure contract with PBS.

Brazil alone is expected to contribute approximately 23% or 1.3 million bbl/d of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 – 2025, according to GlobalData.