The inauguration of a world-record subsea compression system in Norway in August 2025 marked a pioneering leap in engineering. Yet according to OneSubsea CEO Mads Hjelmeland and Project Director at Shell, Richard Crichton, its success hinged…
Aker BP, Norway's second-largest listed oil company, posted on Wednesday a slightly higher-than-expected core profit for the third quarter and increased its 2025 production guidance.Its earnings before interest, taxes, depreciation and amortisation (EBITDA) fell to $2…
A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs…
U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil.The contracts entail vessel stimulation, intelligent completions…
The cost of Aker BP's major ongoing oil and gas development projects, Yggdrasil and Valhall-Fenris, has risen by 32% and 25% respectively from nominal estimates a year ago, Norway's budget proposal showed on Wednesday.The Yggdrasil project,…
Survival technology specialist Survitec has launched its next-generation high-expansion foam fire suppression system, designed to deliver higher foam output at lower operating pressures while reducing both installation and through-life costs for shipyards and shipowners…
Ports across the U.S. are learning a critical lesson: depending solely on government grants or an increasingly unstable electric grid is no longer enough to keep operations running smoothly. There’s a smarter, more cost-effective solution already proving its worth on the ground - propane…
Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments.BV has been involved in Provence Grand Large project journey since 2017…
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up technology to North America…
French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…
The Norwegian Offshore Directorate (NOD) has granted consent for the start-up of a tie-in from the Equinor-operated Troll B platform in the North Sea to the Kvitebjørn gas export line.The tie-in will help reduce the decline in gas production in upcoming years…
Aker Solutions has become the first company in Europe to secure certification for unlimited beyond visual line of sight (BVLOS) drone operations, further advancing autonomous inspection for offshore platforms, onshore yards, process plants and…
Aker Solutions and Kongsberg Discovery have teamed up to deploy a drone detection system aimed at protecting offshore infrastructure, beginning with a demonstrator at Aker Solutions’ site in Stavanger.The system uses Kongsberg’s Drone Detection…