LONDON--(BUSINESS WIRE)--The Global Well Intervention Services, Procurement, Construction Management Industry is poised to experience spend growth of more than USD 3 billion between 2019-2024 at a ...

HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services, today launches Galea™ – the world’s first fully autonomous well intervention system – to maximize production while ...

HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (OII) announced that its Offshore Projects Group (OPG) has been awarded a contract by bp Exploration (Caspian Sea) Ltd. for the provision of ...

HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce new three-year vessel charter and service contracts with Petróleo Brasileiro S.A. (“Petrobras”) for the ...

(MENAFN- EIN Presswire) EINPresswire/ -- The well intervention market has witnessed significant momentum recently, driven by the need to enhance oil well productivity and extend the lifespan of aging ...

Petrobras PBR, a leading energy company in Brazil, and Helix Energy Solutions Group, Inc. HLX, a Houston-based provider of oil and gas equipment and services, signed new three-year charter and service ...

Downhole intervention on deepwater subsea oilwells is set for a step-change with the arrival of a new specialist vessel from Norway’s Aker Solutions. Following sea trials West of Shetland, the ...

OneSubsea™, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger today announced that they have entered into a letter of intent to form an alliance to develop ...

The rewards are huge, however. According to the Norwegian Petroleum Directorate, conventional subsea wells extract eight percentage points less oil than regular wells. The 17 subsea fields on the ...

Wireline International has secured a contract worth up to $3.1/£1.9million for the supply of its patented Roller Bogie wireline conveyance tools to Mexican state-owned petroleum company PEMEX. The ...

Well intervention spending is projected to increase by 20% in 2023, a trend expected to surge in the upcoming years as efficiency becomes a primary focus in the industry. The intervention rate is ...

Coiled tubing (CT) is a continuous, spoolable steel or composite tube used to perform live-well interventions without killing the well, enabling fluid pumping, mechanical work, and tool conveyance ...