OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by BP to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.As part of the engineering…
Aker BP has increased its ownership interest in the Johan Sverdrup oil field, following the completion of a redetermination process conducted under the field's unit agreement.Aker BP's ownership interest in the Johan Sverdrup Unit will rise to 31…
Petronas, through Malaysia Petroleum Management (MPM), has signed a memorandum of understanding with regional exploration and production operators and Universiti Teknologi Petronas (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery in offshore acreages…
Norwegian oil companies have agreed to a wage deal with three labour unions, preventing any strike action that would have disrupted output, negotiators for both sides said on Friday.Labour unions had said nearly 8% of Norwegian offshore oil and gas workers planned to strike if wage mediation failed…
Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…
Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…
Oilfield services firm Archer has signed a share purchase agreement to acquire isol8, a well technology company specializing in alloy-based barrier solutions and advanced materials used in well completions, intervention and plug and abandonment (P&A) operations…
Energy services company Weatherford has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, offshore Nigeria.The contract falls within Weatherford’s Well Construction and Completions portfolio…
Energy services firm EnerMech has signed a multi-year global collaboration agreement with Norway-based technology company Optilift to expand technology-enabled crane and lifting operations across the offshore energy sector.The agreement combines…
Equinor and Aker BP have agreed to swap stakes in several oil and gas fields offshore Norway, as part of a strategic collaboration aimed at increasing production and value creation across selected areas.The companies said the agreement focuses initially on the Troll-Fram…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 15/6-17 in production license 979.The license is operated by Aker BP with 60% working interest, while Equinor holds the remaining 40%…
