After 4Q Struggles, Transocean’s Upcycle Prediction Looks to Pay Off
As Transocean executives predicted during third-quarter earnings, the company is in the middle of an upcycle, with day rates and revenues reaching new heights.
Valaris Updates Fleet Status
The backlog of these contracts and extensions is valued at $1.2 billion.
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
Curtiss-Wright to Deploy Subsea System at Petrobras' Campos Field
Curtiss-Wright and Petrobras will combine capabilities to deploy a subsea canned motor boosting system at a Petrobras production field in the Campos Basin.
Tech Trends: SLB's Autonomous Tech Used for Drilling Operations
SLB says autonomous drilling operations increased ROP at a deepwater field offshore Brazil by 60% over the course of a five-well program.
E&P Highlights: Feb. 5, 2024
Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
CNOOC Sets Increased 2024-2026 Production Targets
CNOOC Ltd. plans on $17.5B capex in 2024, with 63% of that dedicated to project development.
Offshore, International, Digital Drive 4Q Results at SLB
Offshore sector’s long-cycle developments and continued international investments contribute to upcycle.
E&P Highlights: Jan. 8, 2024
Here’s a roundup of the latest E&P headlines including the second biggest deepwater gas find of 2023 and new contract awards.