With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC) has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The…
Global energy company E.ON has signed an agreement to purchase clean energy from British wind farms of RWE Renewables.The 2.5-year agreement is on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting E…
Fugro, the global geo-data specialist, has awarded a contract to Bosch Rexroth to fully maintain and further improve Fugro Synergy’s hydraulic equipment.Fugro has worked with Bosch Rexroth for over a decade to ensure it has the best hydraulic…
Australian gas producer Woodside has hired six vessels of the Norwegian offshore service and supply ship shipping company Solstad Offshore to assist with drilling at offshore fields in Australia.Norwegian OSV operator said that the six vessels…
Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners…
Japanese companies have decided to proceed with the deepwater floating production, storage, and offloading system (FPSO) charter project for the Petrobras-operated Búzios pre-salt oil field located offshore Brazil.MODEC, Mitsui & Co., Mitsui O…
Economists have lowered their forecasts for the Brazilian government's primary budget primary deficit this year but raised it for next year, an economy ministry survey showed on Tuesday.The expected increase in the 2020 deficit compared with…
It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…
Geophysical services company CGG said it is bringing its integrated geoscience offering for exploration, field development and production optimization directly to the doorstep of national and independent oil companies in the Middle East, with…
ConocoPhillips has made an oil and gas discovery in exploration well 25/7-7 near the Balder field in the Norwegian North Sea.The first wildcat in production licence 782 S, the well was drilled by the Leiv Eiriksson drilling facility about 15…
Marine geophysical company Polarcus said it has signed a Memorandum of Understanding with Arabian Geophysical and Surveying Company (ARGAS) to collaborate on seismic projects in the Middle East and NOrth Africa (MENA) region.Polarcus provides…
Lamprell, a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and energy sector, said it is partnering with digital solutions and services company Injazat to create and market digital solutions focused on the oil and gas and renewables markets…
Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed a major fabrication project as part of its contract for Qatar Petroleum’s Bul Hanine Redevelopment (Phase B), which was awarded by McDermott Eastern Hemisphere Limited (MEHL)…
A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to employees and internal emails, in hackers' latest bid to wring ransom from a major company.Hackers have increasingly…
Lankhorst Ropes has supplied heavy lift slings to Subsea 7's heavy lifting arm Seaway 7 for the Dolphin Accommodation Upgrade Project (DAUP) on the East Coast Marine Area (ECMA), offshore Trinidad and Tobago. The project comprises provision of a Permanent Living Quarter Module (PLQ)…