Touchstone’s acquisition of Trinity has hit a snag as a third company, Lease Operators, has made a cash offer for the latter.
Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.
PaxOcean has confirmed the inroads made in repurposing a tanker into an FPSO, which will lend a helping hand in ramping up oil and gas production off the coast of Indonesia.
Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7, will handle work at BP’s subsea tie-back in the North Sea.
Halliburton has signed an agreement with compatriot edge computing platform Armada aiming to help the former maximize its features.
Woodside has handed out a construction contract for its Pluto LNG Train 1 facility revamp to Monadelphous Group.
Strohm has tucked a new deal for the supply of TCP flowlines under its belt with TotalEnergies for an offshore field in the Santos Basin in the Brazilian pre-salt area.
GA Drilling has entered into a technical cooperation program with Petrobras, targeting a revamp of the downhole drilling system.
TotalEnergies has made up its mind to pull out of several blocks off the coast of South Africa after its partner in one of these blocks decided to do the same.
Technip Energies has completed all its contractual obligations for the second phase of an offshore oil field in the Arabian Gulf, 30 km northwest of Abu Dhabi, UAE.
With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.
Borr Drilling has won a series of new contracts, extensions, and potential assignments for three premium jack-up rigs, covering 1,779 days and bringing $332 million in contract revenue, including mobilization and demobilization compensation.
Jadestone Energy has inked a small field asset (SFA) cluster PSC offshore Peninsular Malaysia with an affiliate of Petronas.
Crown LNG Holdings has picked a partner for the design and engineering of its planned FSRU import terminal in Scotland’s Firth of Forth.
