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TGS Announces Extension to Multi-Year Ocean Bottom Node Contract
Category: Business News
OSLO, Norway (20 April 2026) – TGS, a leading global provider of energy data and intelligence, today announces that the ongoing multi-year proprietary Ocean Bottom Node (OBN) acquisition contract in the Gulf of America has been extended for an additional 3-year duration. Kristian Johansen, CEO at TGS, commented, “This continuation of a long-term commitment from […]
Source: TGS
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Baker Hughes sells Waygate unit to Hexagon for about $1.45 billion
Category: Business News
April 13 (Reuters) – Oilfield services provider Baker Hughes (BKR.O), opens new tab sold its Waygate Technologies unit to Swedish industrial technology group Hexagon (HEXAb.ST), opens new tab for about $1.45 billion in cash, the two companies said on Monday. The deal comes as Baker Hughes attempts to reshape itself to adapt to the global energy transition, shedding non-core […]
Source: Reuters
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Halliburton acquires Norway’s Sekal to expand automated drilling capabilities
Category: Business News
(WO) — Halliburton has acquired Sekal AS from Sumitomo Corporation, strengthening its position in automated drilling and digital well construction technologies. Sekal, a Norway-based specialist in drilling automation, will be integrated into Halliburton’s existing digital and remote operations portfolio. The deal brings together Halliburton’s LOGIX automation systems with Sekal’s DrillTronics platform to deliver a more […]
Source: World Oil
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Norway warns gas production maxed out amid Qatar LNG shutdown
Category: Business News
(Bloomberg) – Norway’s natural gas producers are operating near full capacity, according to the country’s energy minister, putting further pressure on European nations looking to fill depleted stockpiles of the fuel. “We are essentially producing at full capacity. I don’t think there is much additional output to be found,” Terje Aasland said in an interview […]
Source: World Oil
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Oceaneering Secures Multi-Year Inspection Contract Extension in Norway
Category: Business News
Houston – Oceaneering International, Inc. announced that its Integrity Management and Digital Solutions (IMDS) business has secured a four-year extension to its inspection support contract for multiple Equinor assets in Norway. The extension period began on January 1, 2026. The scope includes In-Service Inspection, Non-Destructive Testing (NDT), Advanced NDT, Rope Access, and the provision of Inspection Engineers. Services will cover three onshore […]
Source: Oceaneering
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