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06/29/2026

Ventura Offshore has secured a major 1,455-day contract extension with Petrobras for the SSV Victoria, valued at an estimated $466 million.
The four-year program is expected to begin in January 2027 at Brazil’s Búzios field, supporting complex offshore drilling operations in one of the world’s most important deepwater oil developments.
Built in 2009 and sailing under the Liberian flag, SSV Victoria continues to play a key role in advanced offshore energy operations.
Credit: Marine Traffic

06/26/2026

What Is a Well Pad? | Oil & Gas Basics

A well pad is the central hub of oil and gas field operations. It is where wells are drilled, produced, monitored, and maintained safely and efficiently.

From drilling rigs and wellheads to separators, pumps, storage tanks, pipelines, and control systems, every piece of equipment plays a critical role in moving hydrocarbons from the reservoir to surface production and transportation systems.

Modern multi-well pads also improve efficiency by reducing land disturbance, infrastructure needs, and operating costs.

In oil and gas operations, a well pad is more than just a location — it is the operational heart of safe and reliable energy production.

06/21/2026

Norway’s Troll Field is entering a new phase of gas recovery.

Equinor and its partners have greenlit the TWIN subsea expansion project to boost natural gas exports from the Troll West reservoir to Europe. With first gas expected as early as 2028, the project will add around 11 bcm of gas and strengthen long-term energy security for the European market.

A major step for subsea development, resource recovery, and reliable gas supply.

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