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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.

Energy 52
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Subsea Plugging & Abandonment: Light Well Intervention Vessel Overview

Drillers

I thought it would be pertinent to write something on the plug and abandonment (P&A) of subsea assets utilizing a Light Well Intervention Vessel (LWIV). Light Well Intervention Vessels have been used for over 30 years in the North Sea, and their utilization has spread globally over previous decades. Heavy intervention capability.