Equipment News


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Shale Frac Spread Rebound Hopes Fade
Thursday, December 05, 2019 A seasonal increase in the number of US shale basin-based frac spreads has not materialized.

How to 'Edgify' Flare Stack Monitoring
Thursday, November 21, 2019 The lack of wireless connectivity at a remote wellsite need not be a barrier to deploying real-time video analytics tech.

Decommissioning Challenges Escalating in South East Asia
Monday, November 04, 2019 Offshore operators in the Asia-Pacific region could face a total decommissioning bill of over $100 billion.

NNPC Will Partner with Aramco to Revamp Refineries
Thursday, October 31, 2019 Nigerian President Muhammadu Buhari said NNPC and Saudi Aramco will collaborate in revamping refineries in Africa's top crude producer and other energy investments.

Frackers Scrap Idled Equipment Amid Shale Drilling Downturn
Wednesday, October 30, 2019 The downturn in shale drilling has been so steep and brisk that oilfield companies are taking the unprecedented step of scrapping entire fleets of fracking gear.

McDermott Wins Africa Subsea Contract
Thursday, October 24, 2019 A rendering of the Greater Tortue Ahmeyim LNG Development. IMAGE SOURCE: BP plc

Optimizing the Subsea Supply Chain in an Uncertain World
Monday, October 21, 2019 The key to this changing dynamic is building new kinds of relationships between operators and suppliers.

Maersk Expands Mexico Footprint
Tuesday, October 08, 2019 The Maersk Installer subsea support vessel. PHOTO SOURCE: Maersk Supply Service

BHGE and Ocean Installer Win Norway Subsea Contract
Friday, September 27, 2019 From left, BHGE Director Norway and Denmark Tom Huuse, Vår Energy CEO Kristin Kragseth and Ocean Installer CEO Kevin Murphy. PHOTO SOURCE: Vår Energi AS

Weatherford Signs $220MM ADNOC Contract
Wednesday, September 25, 2019 Weatherford International plc signs a $220 million, 3-year contract with ADNOC Offshore.

Transocean Drops Interests in 2 Drillships
Tuesday, September 24, 2019 Transocean Ltd revealed Monday that two of its indirect, wholly-owned subsidiaries will relinquish their respective interests in two drillships under construction.

Chevron Okays GOM Waterflood
Thursday, September 19, 2019 Chevron Corp. reported Thursday that it has sanctioned a waterflood project in the St. Malo field, located in the Gulf of Mexico. PHOTO SOURCE: Business Wire

Equinor Works to Clean Up Oil Spill at Bahamas Terminal
Tuesday, September 10, 2019 This satellite image from Equinor's website shows the impact of Hurricane Dorian on the South Riding Point oil terminal at Grand Bahama Island. The red outline indicates the plume area of the oil spill. (Pleiades CNES, Distribution Airbus DS)

Pioneering FPSO Reaches Offshore Guyana Block
Friday, August 30, 2019 The Liza FPSO concludes its journey from Singapore. PHOTO SOURCE: Hess Corp.

$3.6B ADNOC Contracts Go to Tenaris, Others
Wednesday, August 21, 2019 ADNOC awards contracts for casing and tubing.

Subsea Contracts Go to McDermott and BHGE
Wednesday, July 31, 2019 McDermott and BHGE will collaborate to expand existing Ichthys LNG subsea facilities.

Chevron Awards GOM Subsea Contract
Tuesday, July 23, 2019 The 20-year contract covers subsea equipment and services. IMAGE SOURCE: Schlumberger

Total Awards Oman Contract to McDermott
Monday, July 15, 2019 Total and Oman Oil aim to establish the Middle Eastern country as a regional LNG bunkering hub.

INEOS Reduces FPS Flow for Repairs
Monday, July 08, 2019 INEOS has started progressively reducing the throughput of the Forties Pipeline System to fix one of the three processing units at Kinneil.

US Drillers Drop Five Rigs
Thursday, July 04, 2019 The U.S. dropped five oil rigs and gained one gas rig for a net loss of four rigs this week.

Cyclones Fail to Deter India Subsea Work
Wednesday, July 03, 2019 McDermott used its derrick lay vessel DLV 2000 to perform its first S-lay piggy-back pipelay. PHOTO: PRNewswire

TechnipFMC and Oceaneering Win Mozambique LNG Contracts
Thursday, June 20, 2019 Anadarko has awarded TechnipFMC and Oceaneering a series of contracts tied to the Mozambique LNG project.

NOV Claims History-Making Sale
Friday, June 07, 2019 Transocean will acquire 20K BOP stacks from NOV.

Shell Opens New GOM Frontier
Thursday, May 23, 2019 Shell's Appomattox platform. SOURCE: PR Newswire

Drones Attack Saudi Aramco Pumping Stations
Tuesday, May 14, 2019 Saudi Arabia says unidentified drones attacked two pumping stations belonging to Saudi Aramco.

GOM Decommissioning Scene is Changing
Tuesday, May 07, 2019 Dismantling an oil and gas platform in the Gulf of Mexico is becoming even more challenging.

Chevron Australia Contract Goes to SNC-Lavalin
Tuesday, March 12, 2019 The three-year contract covers engineering, reliability and integrity management services.

Operators Set to Boost Subsea Spend
Monday, March 04, 2019 Operators are poised to boost expenditure substantially on subsea equipment and installation, according to Rystad Energy.

Diamond Offshore Raising Drillship Dayrates
Thursday, February 28, 2019 The drilling contractor's CEO said the increase involves long-term leases beginning in 2020.

US Rig Count Declines by Four
Friday, February 22, 2019 The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.

Transocean Makes Automation Deal with Equinor
Monday, February 18, 2019 One harsh-environment semi-submersible was fitted with the ADC system two years ago.

US Drillers Add Rigs for Second Consecutive Week
Friday, February 15, 2019 The US added a net total of two rigs this week.

Noble to Buy Newbuild Jackup
Friday, February 15, 2019 Rig expected to begin operations during the third quarter of 2019.

ExxonMobil Extends Rowan Drillship Contract
Thursday, February 14, 2019 The supermajor has contracted the ultra-deepwater drillship since September 2018.

US Adds Seven Oil Rigs
Friday, February 08, 2019 The US saw an addition of seven oil rigs this week but saw a decline in gas rigs.

Australia Takes Leading FPSO Role in Region
Monday, January 28, 2019 New report breaks down anticipated FPSO newbuilds from 2019 to 2025.

US Adds 10 Oil Rigs
Friday, January 25, 2019 Following last week's deep declines, the US added a total of 10 oil rigs this week.

Arabian Sea Jackup Contract Goes to Shelf
Wednesday, January 23, 2019 India's ONGC secures jackup for three years.

US Drops 25 Oil and Gas Rigs This Week
Friday, January 18, 2019 This marks the third consecutive week of rig declines for the US.

US Drops Four Oil Rigs This Week
Friday, January 11, 2019 The US oil rig count dropped by four this week, while the country added four gas rigs, keeping the total rig count flat.

Chesapeake to Cut Rigs to Reduce CAPEX in 2019
Thursday, January 10, 2019 The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019.

ConocoPhillips Contracts Rowan Jackup
Thursday, January 10, 2019 The ultra-harsh environment jackup rig boasts a maximum drilling depth of 35,000 feet.

US Drops Eight Oil Rigs This Week
Friday, January 04, 2019 US drillers drop eight rigs this week as crude prices advance.

Shell Extends Jackup Contract in Trinidad
Wednesday, January 02, 2019 Shell has extended its contract for the Rowan Gorilla VI jackup in Trinidad.

US Adds Oil Rigs for Second Week in a Row
Friday, December 28, 2018 The US added two oil rigs this week, marking the second week of increases.

Transocean Lands $830MM Rig Contract with Chevron
Friday, December 28, 2018 Transocean has signed a rig design and construction management contract and a five-year drilling contract with Chevron.

US Drillers Add 10 Oil Rigs This Week
Friday, December 21, 2018 This week's oil rig count has increased for the first time in three weeks.

Giant North Sea Discovery Progressing
Wednesday, December 19, 2018 Equinor reveals the latest progress on the Johan Sverdrup project.

Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Thursday, November 15, 2018 Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.

US Adds 12 Oil Rigs This Week
Friday, November 09, 2018 The United States has added rigs four out of the last five weeks.