TGS Awarded 2D Survey in the Sumatra Basin
TGS’ Sumatra Basin seismic acquisition is expected to be completed by the end of 2024.
Service Companies Innovex, Dril-Quip Complete Merger
The combined onshore and offshore services companies Dril-Quip Inc. and Innovex Downhole Solutions, are expected to generate more than $1 billion in annual revenue.
Noble Closes $1.6B Diamond Acquisition
Noble Corp.’s cash-and-stock deal to acquire Diamond Offshore Drilling comes as service companies continue to consolidate in an aftershock of widespread upstream M&A.
Baker Hughes Updates Leadership to Deliver on Growth Strategy
Baker Hughes’ updates to its leadership team will go into effect on Oct. 1.
Interoil to Boost Production in Ecopetrol Fields
Interoil will reopen shut-in wells at three onshore fields, which are under contract by Ecopetrol.
STRYDE Awarded Seismic Supply Contracts in Mexico
STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.
Hunting Wins Contracts for OOR Services to North Sea Operators
Hunting is securing contracts worth up to $60 million to deliver organic oil recovery technology to increase recoverable reserves for North Sea operators.
TGS, ComboCurve Partner on Asset Evaluation Tech for Dealmakers
TGS and ComboCurve said the combination of their technology platforms will cut asset evaluation times from months to days.
Helix Awarded Vessel Service, Charter Contracts Off Brazil
Helix Energy Solutions Group was awarded new three-year charter and service contracts, valued at an estimated $786 million, from Petrobras for Siem Helix 1 and Siem Helix 2.
Shell, Akselos Enter Enterprise Deal for Structural Performance Management
Shell Information Technology International will leverage Akselos’ structural performance management software to monitor the health and lifecycle of Shell’s critical assets in Qatar, Canada, the Gulf of Mexico and elsewhere.