From contracts to products, below is a compilation of the latest headlines in the E&P space.
Contracts and company news
Deepwater Asgard Extended for GoM Work
Transocean Ltd. said April 1 it has won a 365-day contract extension valued at $195 million for the Deepwater Asgard from an independent operator in the U.S. Gulf of Mexico. The program is expected to start in June 2024 in direct continuation of the rig’s current program, and includes additional services.
Halliburton Launches New Diverter
Halliburton Co. announced April 3 it has added the SuperFill II diverter to its SuperFill surge reduction equipment portfolio. The SuperFill II diverter redirects fluid flow to minimize frictional pressure loss through the length of the landing string and helps maximize casing running speed. The operating glass seat provides an open internal flow path with no restrictions once the diverter is closed.
Because its glass ball seat leaves no debris after activation, there are no ID restrictions that limit use with additional downhole tools, the service company said.
According to Matt Lang, Halliburton’s vice president for cementing, the SuperFill II diverter is compatible with the industry’s liner and subsurface release plug systems.
DeepOcean Snags Equinor Frame Agreement
Equinor has awarded DeepOcean a four-year frame agreement for marine services on the Norwegian Continental Shelf, DeepOcean said on April 4. The deal, which has options for four more years, covers subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore oil and gas fields and renewables.
DeepOcean will manage the contract delivery out of its office in Haugesund, Norway, supported by the company’s international operations wherever required.
Recommended Reading
Trump Fires Off Energy Executive Orders on Alaska, LNG, EVs
2025-01-21 - President Donald Trump opened his term with a flurry of executive orders, many reversing the Biden administration’s policies on LNG permitting, the Paris Agreement and drilling in Alaska.
Trump’s Executive Order Delivers Blow to US Offshore Wind
2025-01-21 - President Trump’s executive order halts new offshore wind leasing and permitting activity effective Jan. 21.
Report: Trump to Declare 'National Energy Emergency'
2025-01-20 - President-elect Donald Trump will also sign an executive order focused on Alaska, an incoming White House official said.
US to Withdraw from Paris Climate Agreement, White House Says
2025-01-20 - The announcement, in a document from the White House, reflects President Trump’s skepticism about global warming, which he has called a hoax.
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