Welltec® has been awarded an exclusive three-year contract by global energy and solutions company, Petronas.  The agreement – which officially commenced on April 1st – appoints Welltec as the sole provider of downhole conveyance and powered mechanical services in both East and West regions of Malaysia. “It’s a great team effort that has led to the award […]

Noble Corporation has announced the completion of its acquisition of Pacific Drilling Company LLC, effective on April 15, 2021. Pacific Drilling’s high specification ultra-deepwater drillship fleet further enhances Noble’s global position as an owner and operator of one of the most modern and technically advanced fleets in the offshore drilling industry.    Robert Eifler, President and […]

Bodycote, the world’s largest provider of heat treatments and specialist thermal processing services, is targeting the marine renewables sector after securing work with wave energy pioneer CorPower Ocean. The UK-headquartered firm, which has built a long-term track record in automotive, aerospace, energy and broader industrial sectors, is now breaking into ocean energy after helping Swedish […]

Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa has announced the following Board change. George Maxwell, an independent non-executive director of the Company, has tended his resignation to focus on his new role as CEO of VAALCO Energy, Inc., Mr. Maxwell will be stepping down from his […]

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), today announced the acquisition of two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight.  The VLCC fleet expansion plays a significant role in supporting […]

Emperor Energy (EMP) has purchased a license to newly acquired 3D Seismic Data covering the Judith Gas Field from global seismic company CGG. Emperor Energy’s consulting Geologists and Geophysicists have commenced Interpretation and Analysis of the new data. The new seismic data is shown to provide a major improvement in definition of seismic imagery with […]

ExxonMobil is the first company to file an application with the U.S. Environmental Protection Agency (EPA) to use new technologies to detect methane emissions at oil and natural gas sites. We are seeking approval with the EPA for an “Alternate Means of Emissions Limitation” so that we can use airplanes equipped with detection technology to […]

Three crew members were missing after a well blowout and fire on an oil rig platform in the Bohai Sea in northeastern China earlier this week that halted operations in China’s largest offshore oil field. The field is jointly owned by state-controlled giant China National Offshore Oil Corp. (CNOOC) and U.S. oil giant ConocoPhillips. CNOOC hasn’t made a […]

Real-time digital twin pioneer Akselos, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success. Michiel enjoyed a 12-year career with Shell as a commercial technologist, most recently spending five years with the energy giant’s Venture Capital arm, leading the implementation of breakthrough tech across Shell’s global operations. He is well-versed in Akselos’ […]

Halliburton Company and Optime Subsea today announced they formed a global strategic alliance to apply Optime’s innovative Remotely Operated Controls System (ROCS) to Halliburton’s completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optime’s Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled […]