EnerMech has been awarded a multi-year contract to provide topside process and shutdown services across the offshore asset portfolio of a North Sea operator, expanding a partnership that has spanned more than a decade.
AGR has entered into a strategic partnership with THF Engineered Solutions to develop AI-enabled workflows aimed at improving well planning, engineering assurance and well delivery.
A growing number of Iranian oil tankers are sitting idle off the country’s coast as a renewed U.S. naval blockade disrupts crude exports and increases pressure on Tehran’s energy revenues, according to shipping data and market analysts.
Several Indian refiners have recently bought crude from Oman and West Africa via tenders, trade sources told Reuters on Wednesday, as term supplies from the Middle East remain choked by the shipping constraints at the Strait of Hormuz and Bab el-Mandeb.
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.