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Valor | Energy Connection – June 23, 2025

Valor

While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S.

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Subsea Plugging & Abandonment: Light Well Intervention Vessel Overview

Drillers

Tower Training Vessel Classifications DNV GL classifies offshore drilling and support units based on a set of variables. The vessels commonly used for both intervention and P&A can be divided into three categories; Mobile offshore drilling unit (MODU), well intervention unit (WIU) type 1 and well intervention unit Type 2.