People, Companies & Products

Integrated BOP maintenance model is a first in Brazil

Constellaton and HMH announced a new deal covering integrated maintenance support for the BOPs on the Alpha Star, Gold Star and Lone Star semisubmersibles. 

The contractual service agreement establishes a risk-sharing model, under which the two companies will share responsibility for maintaining the BOPs. This model, where remuneration is based on BOP performance, is a first in Brazil. 

The contract provides for parts supply, predictive and preventative maintenance, optimization of time-based maintenance using data from the equipment, between-well maintenance, continued certification and engineering support from HMH onboard Constellation’s rigs. A condition-based maintenance program will also be implemented. 

CeraPhi Energy to repurpose shale wells for geothermal

CeraPhi Energy has acquired the business of Third Energy, a former shale gas development company, with plans to repurpose existing wells into geothermal energy centers. Located in North Yorkshire, UK, the assets include eight well sites consisting of 12 former gas wells in a suspended state. The company aims to both drill new wells and repurpose end-of-life and non-producing oil and gas wells. Its strategy is to de-risk the scaling and commercialization of large-scale heat networks using boreholes down to a depth of 2 km, reducing the space required for deployment of large-scale systems and increasing the extraction of thermal energy available for network connections. 

Equinor tags Kongsberg to rebuild lifecycle simulators

Kongsberg Digital secured a contract with Equinor covering the rebuilding of lifecycle simulators at the Sleipner field using Kongsberg’s K-Spice and LedaFlow simulation technologies. The simulators will model the processes of all wells, pipelines and offshore production facilities for three assets on Sleipner. 

The two-year project is scheduled to be completed by the end of 2025.

O’Brien to replace Mullen as Shelf Drilling CEO in August

David Mullen is expected to step down from his role as CEO of Shelf Drilling in August and assume a new role as the company’s Executive Chairman. Greg O’Brien, current Executive VP and CFO, will take over as the new CEO. 

Diamondback Energy, Endeavor agree on merger 

Diamondback Energy and Endeavor Energy Resources entered into a definitive merger agreement valued at approximately $26 billion, inclusive of Endeavor’s net debt. The combination will create a premier Permian independent operator.

Murphy Oil names Hambly as President and COO, Botner as Executive VP

Murphy Oil confirmed the promotion of Eric Hambly to President and COO. Mr Hambly joined Murphy 18 years ago and has primarily served in roles focusing on offshore operations in the Gulf of Mexico and Malaysia, as well as onshore operations in the US and Canada. He had served as Executive VP of Operations since 2020.

Additionally, E. Ted Botner has been appointed as Executive VP. He will also maintain his roles as Murphy’s General Counsel and Corporate Secretary.

Tenaris opens industrial complex in Abu Dhabi

Tenaris has inaugurated its new Abu Dhabi industrial complex, Etihad Tubulars, with a $60 million investment. The 200,000-sq-m complex, situated in Abu Dhabi Industrial City, features an industrial training center, a pipe service yard and an advanced premium OCTG threading facility. 

Thomson joins FET to lead energy transition business

Forum Energy Technologies (FET) has appointed Martin Thomson as the first Energy Transition Business Development Manager within its subsea business. Mr Thomson joins FET from Dril-Quip, where he was Director of Sales – Europe and Africa.

Rolls-Royce expands remanufacturing capabilities

Rolls-Royce Power Systems Division has opened a new Remanufacturing and Overhaul Center on its mtu Aiken campus in South Carolina. The new 69,000-sq-ft facility brings formerly outsourced workshop and warehouse operations in-house and expands them to provide remanufacturing and overhaul of mtu Series 2000, Series 4000 and Detroit Diesel 2-Cycle engines and components.

Expro to enhance offerings with Coretrax acquisition

Expro agreed to acquire Coretrax, a developer of performance drilling tools and wellbore cleanup, well integrity and production optimization solutions. Total cost of the deal will be approximately $210 million.

With this acquisition, Expro said it expects to expand its portfolio of well construction, well intervention and integrity solutions, particularly across the North and Latin America, Europe and Sub-Saharan Africa, and Middle East and North Africa regions.

Coretrax’s portfolio includes the DAV-MX downhole circulation tool, the HyPR Holesaver hydraulic pipe recovery system and the Activated Drilling Scrapper debris recovery system. Further, its expandables solution can be deployed on coiled tubing, wireline and drill pipe.

Expro is targeting up to $10 million in cost synergies in the first 18 months.

AGR confirms multi-year work agreements on NCS with Equinor, Vår Energi

AGR has been awarded a contract extension from Equinor for the provision of blowout and well control studies on the Norwegian Continental Shelf (NCS). Services to be offered under the new two-year agreement include blowout contingency planning, well control emergency response, casing magnetization service and transient flow analyses.

Separately, AGR also won a contract with Vår Energi for the provision of blowout and well control studies and associated services on the NCS. The contract will run for five years, and there are options for two one-year extensions. AGR’s Norwegian team will deliver the work and support a seven-well drilling campaign.

AGR, which merged last year with Add Energy, has delivered more than 1,800 well contingency plans globally, as well as evaluated and mitigated more than 85 live blowout incidents.

Enhanced Drilling to supply entire portfolio to Equinor

Enhanced Drilling has secured a five-year frame agreement with Equinor that includes the use of all of Enhanced Drilling’s technologies: CTS, RMR, MPC, EC-Drill and EC-Drill Dual MPD technologies. Deployment will initially target the Norwegian Continental Shelf, but global use is intended in the future, according to Enhanced Drilling. 

Datagration, Langan create ESG management alliance

Datagration, a provider of unified data analytics and AI technology, and Langan, an environmental, engineering and sustainability consulting firm, are embarking on a strategic partnership around ESG management. The collaboration entails the integration of Datagration’s EcoVisor Software as a Service platform with Langan’s ESG advisory services.

Baker Hughes to service Petrobras’ Búzios field

Baker Hughes was awarded a contract from Petrobras for integrated well construction services in the Búzios field offshore Brazil. The project will begin in the first half of 2025 and will include drilling services, drill bits, wireline, cementing, wellbore cleanup, fishing, remedial tools, fluids, services and geosciences.


New cement system ideal for CCUS applications

Halliburton’s new CorrosaLock cement system, designed for CO2 storage, is a composite of Portland-based cement and a proprietary WellLock resin system. The resin generates a film on the composite surface that creates a coating effect to aid in bonding. The result is enhanced cement sheath elasticity and shear bond strength.

RigGuide digitalizes rig operating procedures

Horizon56 has added the digital RigGuide to its portfolio. Developed in collaboration with Archer, the tool provides a consistent and structured approach to the creation, editing and control of digital rig operating procedures. It allows for global standard templates applicable for a fleet of rigs while also allowing for rig-specific content. RigGuide eliminates the need for paper-based procedures, enables digital checklists and allows the drilling contractor’s rig procedures to be linked to the operator’s well plans and instructions.

Oil States targets Saudi market with new technologies

Oil States’ MPD-Ready System for Jackups has multiple built-in automation capabilities.

Oil States has announced a new portfolio of technologies for the Saudi Arabian market. This includes the Stage Frac Tool for wellhead isolation, the Active Seat Gate Valve, the new ActiveHub digital platform for remote wellsite monitoring and control, and the MPD-Ready System for Jackups.

The stage frac tool enables operators to run wireline tools, perforating guns, plugs and other downhole operations without removing isolation equipment when switching between frac and wireline operations.

The Active Seat Gate Valve can exclude debris from the valve cavity while reducing the amount of grease required or lost during valve operations.

ActiveHub allows operators to remotely monitor and control assets on the wellsite.

The MPD-Ready System for Jackups can be combined with Oil States’ Merlin 15K High-Pressure Riser Systems to safely drill high-pressure shallow-water wells. It has built-in automation capabilities with hands-free flowline connection makeup, a controls package and umbilical and topside equipment.

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