Drilling – Oil & Gas 360

Oil firm seeks federal help to restart California offshore project

September 30, 2025

(Oil Price) – U.S. oil firm Sable Offshore Corp, which seeks to restart production offshore California via a pipeline to the coast, has unveiled an alternative offtake strategy after being sued by the Santa Barbara County District Attorney for environmental violations. This alternative strategy, a so-called Offshore Storage and Treating Vessel (OS&T) strategy, would entail seeking federal clearance to transport the oil from

Nabors, Caturus launch 4-mile shale rig for ultra-high pressure drilling

September 25, 2025

(World Oil) – Caturus Energy has contracted Nabors Industries to deploy the PACE-X Ultra™ X33 rig, billed as the most powerful onshore drilling system currently operating in the U.S. The move marks a milestone in Caturus’ strategy to expand natural gas production from its South Texas portfolio. Caturus, which produces more than 650 MMcf of net gas equivalent per day

Parkland, Sunoco clear key U.S. regulatory hurdle for acquisition

September 22, 2025

(BOE Report) – CALGARY – Parkland Corp. and Sunoco LP say they have cleared a key U.S. antitrust hurdle in a US$9.1-billion deal that would see the U.S. fuel distribution giant buy the Calgary-based refiner and retailer. The two companies say the waiting period has expired under the Hart-Scott-Rodino Act, satisfying one regulatory approval that’s needed for the deal to

Baker Hughes wins Petrobras contract extension for offshore stimulation vessels

September 18, 2025

(World Oil) – Baker Hughes has secured a multi-year agreement with Petrobras to extend deployment of the Blue Marlin and Blue Orca stimulation vessels, supporting production optimization across Brazil’s offshore pre- and post-salt fields. Awarded through an open tender, the contract also covers chemical supply and services, reinforcing Baker Hughes’ Mature Assets Solutions strategy aimed at maximizing brownfield recovery and extending field life. The Blue Marlin and Blue

Weatherford wins $147 million Petrobras contract for tubular running services

September 17, 2025

(World Oil) – Weatherford International plc has been awarded a three-year, $147 million contract by Petrobras to deliver Tubular Running Services (TRS) across the company’s offshore drilling operations in Brazil. The contract, secured through an open tender, highlights Petrobras’ continued reliance on Weatherford’s portfolio of TRS technologies to improve safety, efficiency, and reliability in well construction. Under the agreement, Weatherford

Exclusive: Renewell Energy at EnerCom Denver – The Energy Investment Conference 2025

September 16, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. “Oil wells that end well.” Renewell addresses the growing problem of over two million idle oil and gas wells in North America by transforming them into gravity-based energy storage systems.

Exclusive: Teren at EnerCom Denver – The Energy Investment Conference 2025

September 15, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Teren’s Terevue platform provides real-time, hyper-local alerts for environmental threats like landslides, floods, and debris flows from wildfires, with nearly 90% accuracy. It helps operators monitor and act on risks

Exclusive: ESal at EnerCom Denver – The Energy Investment Conference 2025

September 15, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. ESal’s patented Engineered SalinityTM technology enhances oil recovery in both conventional and unconventional wells by engineering injection water salinity – without using chemicals. It is very low cost and offers guaranteed

bp signs deal to drill five wells in the Mediterranean

September 9, 2025

(World Oil)– bp has signed a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well program at water depth ranging from 300 to 1,500 m in the Mediterranean Sea. The program is designed to accelerate the development and production of national gas reserves, with the intent of extending the use of existing production facilities in the West Nile Delta.

Exclusive: Drilling Tools International at EnerCom Denver – The Energy Investment Conference 2025

August 28, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Since 1984, Drilling Tools International has been a leading provider of downhole tools to the land and offshore drilling markets. We now offer products and services to multiple segments in

ConocoPhillips awards Halliburton multi-year North Sea services contract

August 14, 2025

(World Oil)– ConocoPhillips has contracted Halliburton to deliver comprehensive well stimulation services to improve well performance and reservoir productivity. The contract spans five years and includes three optional extension periods. Under the agreement, Tidewater’s vessel, North Pomor, will be transformed into an advanced stimulation vessel designed to efficiently deliver offshore well stimulation services in the North Sea. The improvements will include Octiv® digital fracturing

TotalEnergies buys Vantage Drilling’s Tungsten Explorer

August 11, 2025

(World Oil)– Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies. As previously announced, Vantage will continue to manage the Tungsten Explorer for a ten-year term with the option to extend for an additional five years. “We are delighted

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