PEOPLE, COMPANIES & PRODUCTS • DE PAR TM E NTS
Mohamed Hegazi appointed new CEO of ARO Drilling
Valaris announced that ARO Drilling,
its 50/50 joint venture with Saudi Aramco,
has named Mohamed Hegazi as CEO.
Mr Hegazi previously served as CEO of
TGT Diagnostics, a provider of wellbore
integrity measurement solutions to the oil
and gas industry. Prior to being appointed
CEO of TGT in 2015, he served as COO and
Managing Director at the company from
2012 to 2014.
Before joining TGT, Mr Hegazi held vari-
ous senior leadership positions at SLB.
Chevron adds to onshore portfolio with PDC Energy acquisition
Chevron entered into an agreement with
PDC Energy to acquire all of the outstand-
ing shares of PDC in an all-stock transac-
tion valued at $6.3 billion.
The acquisition provides Chevron with
75,000 net acres in the DJ Basin, adjacent
to Chevron’s existing operations that add
over 1 billion BOE of proved reserves. It will
also add 25,000 net acres in the Permian
Basin to Chevron’s portfolio.
The transaction has been unanimously
approved by the Boards of Directors of both
companies and is expected to close by the
end of 2023.
Expro wins contracts for well services offshore UK and Uganda
Energy services provider Expro secured
a new contract with Harbour Energy for
a well abandonment campaign as part
of the decommissioning project for the
Balmoral area, in the UK Continental
Shelf. The multi-year contract will utilize
Expro’s Subsea Well Access technology.
The company also signed a five-year
well intervention and integrity contract
with TotalEnergies for the multi-well
Tilenga project offshore Uganda. Work
begins in Q2 2023.
Equinor awards SURF, FPSO
contracts for Brazil project
Equinor, along with its partners on the
BM-C-33 license Repsol Sinopec Brasil
and Petrobras, awarded a contract for
subsea umbilicals, risers and flowlines
(SURF) to TechnipFMC, and a sales and
purchase agreement for the delivery of a
floating production, storage and offload-
ing (FPSO) unit to MODEC.
ADNOC invests in project
for sustainable water supply
ADNOC and TAQA awarded $2.4 billion
to a project that will develop a centralized
seawater treatment facility and transpor-
tation network for operations at the Bab
and Bu Hasa fields in Abu Dhabi. This proj-
ect will replace the current high-salinity
deep aquifer water systems at the fields,
thereby reducing water injection-related
energy consumption by up to 30%. The
Tenaris to support Neptune
drilling activities in Norway
Neptune Energy awarded a contract
to Tenaris to provide equipment and
services supporting drilling activities
on the Norwegian Continental Shelf.
The five-year contract covers the
manufacture, transport, handling and
repair of various casing materials.
Well Control Schools adds
immersive simulators
to classroom training
Well Control School is integrating
high-spec simulation systems from
Applied Research International into its
classroom training for well control.
The simulators, which are powered
by high-fidelity mathematical models
that accurately simulate real-world
scenarios, can also be used on a rig site
for continued learning.
API names Meyer to new
role as Senior Vice President
The American Petroleum Institute
(API) promoted Dustin Meyer to Senior
VP of Policy, Economics and Regulatory
Affairs. He had previous served as
API’s VP of Natural Gas Markets. Prior
to joining API, he led analytics and
consulting services for global LNG and
renewable energy markets for Energy
Ventures Analysis.
project will deliver more than 110 million
imperial gallons per day of nano-filtered
seawater. InteliWell lands rig services
contract with Transocean
InteliWell secured its first rig services
contract, from Transocean, to equip and
utilize its proprietary InteliWell software
on the Transocean Norge. The harsh-envi-
ronment semisubmersible recently com-
menced a joint contract with Wintershall
and OMV for the drilling of 17 wells on the
Norwegian Continental Shelf.
Huisman launches digital
portal for equipment owners
Huisman has launched myHuisman, an
online portal that offers its clients a parts
shop, a knowledge base including a smart
ticketing system, and a technical library of
Huisman equipment.
Aquaterra Energy seals
subsea riser deal with BP
Aquaterra Energy secured a subsea
riser contract with BP for the Cypre
subsea well development project off-
shore Trinidad and Tobago. The sys-
tem will be operated from a jackup and
support gas exploration from seven
development wells. Drilling activities
are expected to commence later this
year, with gas production set to begin
in 2025.
Stallion brings 3 divisions
together under new name
Stallion Oilfield Services has re-
branded as Stallion Infrastructure
Services. Further, Stallion Oilfield
Services, StallionRents and STAR-
COMM are all being merged into a
single entity.
D R I L L I N G C O N T R AC T O R • J U LY/AU G U ST 2023
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