W&T Offshore, Inc. announces that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 257 held by the Bureau of Ocean Energy Management (“BOEM”) on November 17, 2021. W&T will also be participating in two upcoming investor conferences.

National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the conclusion of Gulf of Mexico Lease Sale 257, which generated more than $191 million in winning bids over 308 lease blocks:

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, and hosted by the Abu Dhabi National Oil Company (ADNOC), ADIPEC is the largest annual gathering for the energy sector.

Aberdeen headquartered EnerMech has been awarded a five-year contract to deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms. 

McDermott International and SBM Offshore have established a special purpose company to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading (FPSO) vessel under contracts for the Yellowtail development project.

APA Corporation has announced results from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well, both operations recently completed on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, holding a 50% working interest.

CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO₂ storage developments. Northern Lights JV DA is the operator of the first industry-scale project for transport and storage of CO₂ on the Norwegian continental shelf.

Specialist drilling waste management company, TWMA, will highlight how its wellsite processing solution has been proven to reduce the carbon emissions of drilling operations by 50% at this year’s ADIPEC.

Baker Hughes has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates (UAE). The contracts were announced at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).

Huawei hosted its Global Oil & Gas Summit 2021 in Abu Dhabi, themed "Drive Data to Barrel, Embrace Intelligence to Grow".

The announcement of the merger of Maersk Drilling and Noble Drilling came as no surprise to many of us that follow the industry.

Greece’s leading academic institution, International Hellenic University, is investing more than one million euros in a new state-of-the-art simulator training facility to support the oil and gas industry.

International engineering and construction company, PD&MS Group has further expanded its customer portfolio, securing a significant modifications contract with Dana Petroleum which is expected to create up to 80 jobs at its Aberdeen base.

TechnipFMC has been awarded a large⁽¹⁾ contract by Exxon Mobil Corporation affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Yellowtail development.

C-Kore Systems recently signed a contract with TechnipFMC in Brazil for delivery of their sub- sea testing tools for the Mero 1 project, in which Petrobras (40%) acts as Operator of the Libra Consortium, formed by the companies Shell Brasil (20%), TotalEnergies (20%), CNODC (10%) and CNOOC Limited (10%), with Pré-sal Petróleo S.A. – PPSA, as the manager of the Produc- tion Sharing Contract.

Enteq Technologies (Enteq), an energy services technology and equipment supplier, announces successful results of initial downhole and system testing of the SABER Tool; its innovative alternative to traditional rotary steerable systems (RSS) for directional drilling.