Reelwell AS has secured a strategic equity investment by Odfjell Technology, the company announced today. The deal sees Odfjell Technology purchase a 10% stake in Reelwell for 40 million NOK. The investment will be used to grow and develop Reelwell’s industry-leading DualLink digital pipe technology.
Brazil output rebounds despite November decline from Buzios platform shutdowns
Brazilian oil production is rebounding after platform outages slashed more than 300,000 bpd in...
