From contracts to products, below is a compilation of the latest headlines in the E&P space.
Contracts and company news
Deepwater Asgard Extended for GoM Work
Transocean Ltd. said April 1 it has won a 365-day contract extension valued at $195 million for the Deepwater Asgard from an independent operator in the U.S. Gulf of Mexico. The program is expected to start in June 2024 in direct continuation of the rig’s current program, and includes additional services.
Halliburton Launches New Diverter
Halliburton Co. announced April 3 it has added the SuperFill II diverter to its SuperFill surge reduction equipment portfolio. The SuperFill II diverter redirects fluid flow to minimize frictional pressure loss through the length of the landing string and helps maximize casing running speed. The operating glass seat provides an open internal flow path with no restrictions once the diverter is closed.
Because its glass ball seat leaves no debris after activation, there are no ID restrictions that limit use with additional downhole tools, the service company said.
According to Matt Lang, Halliburton’s vice president for cementing, the SuperFill II diverter is compatible with the industry’s liner and subsurface release plug systems.
DeepOcean Snags Equinor Frame Agreement
Equinor has awarded DeepOcean a four-year frame agreement for marine services on the Norwegian Continental Shelf, DeepOcean said on April 4. The deal, which has options for four more years, covers subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore oil and gas fields and renewables.
DeepOcean will manage the contract delivery out of its office in Haugesund, Norway, supported by the company’s international operations wherever required.
Recommended Reading
From Satellites to Regulators, Everyone is Snooping on Oil, Gas
2024-04-10 - From methane taxes to an environmental group’s satellite trained on oil and gas emissions, producers face intense scrutiny, even if the watchers aren’t necessarily interested in solving the problem.
Markman: Is MethaneSAT Watching You? Yes.
2024-04-05 - EDF’s MethaneSAT is the first satellite devoted exclusively to methane and it is targeting the oil and gas space.
US Republican Attorneys General Sue to Stop EPA's Carbon Rule
2024-05-09 - The rule, finalized by President Joe Biden's administration last month as part of an effort to combat climate change, was challenged in three lawsuits filed in the U.S. Court of Appeals for the District of Columbia Circuit.
US EPA Expected to Drop Hydrogen from Power Plant Rule, Sources Say
2024-04-22 - The move reflects skepticism within the U.S. government that the technology will develop quickly enough to become a significant tool to decarbonize the electricity industry.
Hirs: LNG Plan is a Global Fail
2024-03-13 - Only by expanding U.S. LNG output can we provide the certainty that customers require to build new gas power plants, says Ed Hirs.