The floating wind industry, still in its infancy, is set for a 2000-fold increase in installed capacity by 2050, DNV GL said, however, warning that more comprehensive industry standards and risk management is required for the technology to scale…
One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…
China Petrochemical Corp, or Sinopec Group, has started hiring for six top management positions for a new commodities risk management unit, according to a statement posted on the state energy company's official wechat account on Sunday.Formally…
UK-based rig inspection company Aberdeen Drilling Consultants (ADC) has launched what it calls a 'resilience audit' aimed at helping the global oil and gas industry maintain safe operations by protecting against the spread of COVID-19 on offshore installations…
The widescale impact of COVID-19 had not hit when DNV GL Maritime Advisory (DNV GL) was contracted to conduct a cyber security assessment and penetration test for an offshore asset. Before long, however, travel had become a risk, and the parties…
Iranian Offshore Oil Company (IOOC), a subsidiary of the National Iranian Oil Company, has successfully launched its first offshore pipeline integrity management system (PIMS) in the Iranian oil industry.According to IOOC, the system was launched…
The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…
Sembcorp Marine earns 3D printing certifications for parts used in construction and repairsThese certifications will help the Group unlock significant efficiencies and reduce supply chain risksSingapore-based Sembcorp Marine has received certifications…
Despite the age of big data, 71% of organizations still rely on a single data source to analyze asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, reveals a report released by Lloyd’s Register…
Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…
A new digital asset inspection system from Oceaneering International aims to streamline non-destructive testing (NDT) and inspection management.The tablet-based technology, called Inform Inspect, has been designed to equip technicians, supervisors and managers with the ability to deliver seamless…
Subsea vehicles and services provider Modus Seabed Intervention has selected JBA Consulting’s operational management software ForeCoast Marine to help optimize the operation of its hybrid autonomous underwater vehicles (H-AUV).The H-AUV capability is part of a development program by Modus…
As market leaders in well project management and engineering, we provide comprehensive well project management services and well engineering expertise, both on and offshore.Our expert staff along with our global network allow us to deliver the support you need anywhere in the world…
Houston-based subsea engineering company Oceaneering International has secured a contract renewal from Equinor, the Norwegian multinational energy company, covering the provision of maintenance, reliability and integrity management.The oilfield provider of engineered services and products…
Indonesian state-owned energy company PT Pertamina and Petroliam Nasional Berhad (Petronas) of Malaysia have signed a Memorandum of Understanding (MoU) to develop oil and gas business – upstream and downstream, not only in Indonesia or Malaysia but also in other countries…