Aramco Plans to Boost Oil Export Capacity
Saudi Aramco said it’s looking at options to expand its oil export capacity as the Iran war disrupts flows through the Strait of Hormuz and Houthi rebels threaten shipments in the Red Sea.
Saudi Aramco said it’s looking at options to expand its oil export capacity as the Iran war disrupts flows through the Strait of Hormuz and Houthi rebels threaten shipments in the Red Sea.
Odfjell Drilling has returned its Deepsea Atlantic semisubmersible rig to operations following a 106-day off-hire period after an equipment handling incident earlier this year.
ADNOC and SLB have deployed an artificial intelligence-enabled drilling platform across more than 120 onshore and offshore drilling rigs, expanding the use of real-time operational intelligence to improve drilling efficiency and reduce downtime across one of the industry’s largest rig fleets.
Sercel has been awarded a one-year contract by ExxonMobil Global Projects to deploy its Marlin simultaneous operations (SIMOPS) platform in support of the Whiptail development in Guyana’s Stabroek Block.
Intermoor, Acteon’s moorings and anchors business line, has been awarded a three-year contract by Petrobras to provide inspection, maintenance and operational readiness services for offshore mooring and subsea equipment supporting the operator’s assets in Brazil.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.69 million barrels in the week ending July 30, despite analyst expectations for a 2 million barrel draw. In the week prior, US crude oil inventories fell by 3.3 million barrels.