Tag: offshore

Shell to accumulate 30% stake in Equinor’s Bay du Nord offshore oil mission

(WO) — Shell has signed an settlement to accumulate a 30% curiosity in Equinor's Bay du Nord offshore oil mission in Newfoundland and Labrador, Canada, as the businesses advance the estimated C$14 billion...

Prepare dinner Inlet offshore oil and gasoline lease sale proposed for March 2027

(WO) — The Marine Minerals Administration (MMA) has issued a Proposed Discover of Sale for about 1.05 million acres of offshore oil and gasoline leases in Alaska's Prepare dinner Inlet, with the public...

SLB opens 21,000-bbl drilling fluids plant to assist Mozambique offshore operations

(WO) — SLB has commissioned a brand new liquid mud plant in Pemba, Mozambique, increasing its capability to arrange, retailer and ship drilling and completion fluids for offshore oil and fuel operations. The ability...

Transocean provides $1.1 billion to offshore drilling backlog with Equinor, Shell contracts

(WO) — Transocean has added roughly $1.1 billion to its agency offshore drilling backlog following closing approval of a beforehand introduced $1 billion settlement with Equinor and a brand new $62 million drilling...

Unity launches compact BOP valve for space-constrained offshore wells

(WO) — Unity has launched an ultra-compact blowout preventer (BOP) valve designed to allow properly intervention in space-constrained offshore environments the place typical BOP methods can't be deployed. The brand new Unity Qb valve...

TotalEnergies takes FID on Absheron fuel growth offshore Azerbaijan

(WO) — TotalEnergies and companions SOCAR and XRG have taken closing funding determination (FID) on the full-field growth of the Absheron fuel and condensate subject offshore Azerbaijan, focusing on startup in 2029.  ...

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