Oil & Gas News

Framo, a leading innovator in pump technology, proudly introduces its latest breakthrough—an inline turbine designed to recover electrical power from diverse fluid flows. Successfully tested at the company's state-of-the-art center on Flatøy, just outside Bergen, this cutting-edge technology offers substantial cost savings, energy efficiency, and a sustainable alternative to pressure reduction valves. The product is poised for imminent market launch.

The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan to discuss the company’s activities in the country, including the successful results of the exploration well Murene 1X on the discovery named Calao. The Prime Minister Robert Beugré Mambé and the Minister of Mines, Petroleum, and Energy, Mamadou Sangafowa-Coulibaly, also participated in the meeting.

DOF has been awarded a Substantial Subsea Engineering Procurement Removal and Disposal (EPRD) Contract from A/S Norske Shell in the Atlantic region, with more than 100 combined days utilization of the vessels Skandi Hera and Maersk Installer. DOF shall deliver an integrated solution of project management, engineering, design, analysis and survey. The scope includes recovery and recycling of umbilicals, risers, rigid spools, manifolds and other subsea structures and infrastructure, at the Knarr and Gaupe fields.

Feritech Global has completed a major design and build project for Oceaneering, the world’s largest provider of subsea robotics to the offshore energy industry. The company has designed a next generation auto-drop piston corer which is expected to dramatically reduce the amount of time needed for subsea geotechnical surveying, increasing safety and efficiency, whilst reducing costs.

Diamond Offshore Drilling, Inc. announced that it has executed a two-year contract extension with a subsidiary of bp in the US Gulf of Mexico for the Ocean BlackHornet, commencing in February 2025. This is in direct continuation of the rig’s current contract. This contract extension represents approximately $350 million dollars of additional backlog.

Helix Energy Solutions Group, Inc. announces a five-year joint framework agreement with Talos Energy Inc. in which Talos has agreed to provide Helix the first right of refusal regarding specific annual work scopes for Talos’s decommissioning requirements in the US Gulf of Mexico. The agreement includes a base pricing structure and processes for determining and scheduling specific projects Talos requires. Work is expected to commence in the second quarter of 2024.

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