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Transocean, Valaris, Noble, Seadrill, and Damond Offshore rigs’ drilling game lifts total backlog to $21.8 billion

Five rig-owning titans  – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.
The p…

Transocean, Valaris, Noble, Seadrill, and Damond Offshore rigs’ drilling game lifts total backlog to $21.8 billion Read More »

WATCH: All-electric FPU drops Anchor in Gulf of Mexico as ‘industry’s first’ deepwater 20K tech enables oil & gas flows from game-changing project

Chevron and TotalEnergies have used 20,000 psi (20K) technology to bring oil and natural gas from one of the industry’s first ultra-high pressure projects to the market and paving the way for the development of future ultra-high pressure, high-temperat…

WATCH: All-electric FPU drops Anchor in Gulf of Mexico as ‘industry’s first’ deepwater 20K tech enables oil & gas flows from game-changing project Read More »

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quart…

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit Read More »