Halliburton, Sekal Partner on World’s First Automated On-Bottom Drilling System

Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.

Saipem, Subsea7 Merge to Create Offshore Services Company

The new energy services company called Saipem7 would have an annual revenue of $21 billion.

E&P Highlights: Feb. 24, 2025

Here’s a roundup of the latest E&P headlines, from a sale of assets in the Gulf of Mexico to new production in the Bohai Sea.

Innovex, SLB OneSubsea Reach Supply Agreement for Wellhead Systems

SLB Onesubsea will supply Innovex subsea wellhead systems, building on the companies’ long-standing partnership.

Exxon Aims to Boost Guyana Gas Production, Explore Export Options

Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.

ConocoPhillips to Sell Interests in GoM Assets to Shell for $735MM

ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.

Texas GulfLink Port Wins Approval from U.S. Maritime Administration

Sentinel Midstream’s Texas GulfLink crude loading platform is the second Gulf Coast project to receive a permit.

E&P Highlights: Feb. 18, 2025

Here’s a roundup of the latest E&P headlines, from new activity in the Búzios field offshore Brazil to new production in the Mediterranean.

Chevron Completes Farm-In Offshore Namibia

Chevron now has operatorship and 80% participating interest in Petroleum Exploration License 82 offshore Namibia.

McDermott Completes Project Offshore East Malaysia Ahead of Schedule

McDermott International replaced a gas lift riser and installed new equipment in water depth of 1,400 m for Thailand national oil company PTTEP.