Work on a subsea power grid, which could support all-electric subsea process, has taken a step forward in Finland with the successful testing of subsea variable speed drives. A full scale prototype of a subsea variable speed drive (VSD)…
Australia's Woodside Energy is setting out to achieve a world first by installing a microgrid with a 1MW lithium-ion PowerStore Battery energy storage system on an offshore platform. Working with power and automation group ABB, the solution will be installed on Woodside's Goodwyn A platform…
UK-based subsea equipment firm Ashtead Technology deployed a new advanced subsea laser scanning technology on a project for Subsea 7 in the UK North Sea. Working on Chevron’s Captain field, Ashtead performed a well inspection using Newton…
Aberdeen's Oil & Gas Technology Centre (OGTC) has launched two calls for ideas relating to digital and decommissioning, with £2 million available to successful applicants. The OGTC says that machine learning techniques could help extend the life of oil and gas fields…
A joint industry project (JIP) led by the UK's Industry Technology Facilitator (ITF) has been launched to investigate alternative well foundation technology for subsea wells. The aim of the JIP is to examine the versatility and robustness…
Petrobras and ExxonMobil have signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities. The memorandum of understanding was signed in Rio de Janeiro today by Pedro Parente…
The Israeli Petroleum Commissioner has awarded Energean Oil & Gas five offshore exploration licenses covering Blocks 12, 21, 22, 23, 31, which were available for bidding in Israel’s first offshore bidding round. Each license has an initial exploration period of three years…
Texas-based supermajor ExxonMobil has completed the acquisition of a 25% interest in Mozambique’s gas-rich Area 4 block from Italian explorer Eni and will assume responsibility for midstream operations, the company announced today (13 December)…
Sydney, Australia-based UUV Aquabotix has launched a second-generation hybrid underwater vehicle, the Integra autonomous underwater vehicle/remotely operated vehicle). Single-person deployable, portable and battery-powered, the Integra…
Cue Energy Resources has agreed yet another extension to BP's 42.5% equity option over the exploration permit containing the Ironbark prospect offshore Australia. The extension on WA-359-P, as announced on 13 October 2016, is now extended until 25 April 2018…
Maersk Drilling has picked Aker Solutions for modification work on a production module on the Maersk Inspirer jackup rig so that it can be used on Repsol's Yme field offshore Norway. Repsol is looking to redevlop the field, after removing an existing platform facility…
North Sea production shut-in due to a 'hairline' crack in a pipeline is costing operators US$26.68 million a day in lost production, according to industry body Oil & Gas UK. The crack was found last week in an onshore section of the 235mi-long Forties Pipeline System (FPS)…
Production has restarted from Aker BP's Tambar platform, offshore Norway, where a man died last week after in serious incident on the rig, which remains under investigation. Tambar is about 16km southeast of Ula facilities in 68m water depth in the Norwegian North Sea…
Halliburton has released the Geometrix 4D shaped cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs. “The launch of Geometrix cutters demonstrates our…
Eni now estimates Area 1 in Mexico’s Campeche Bay to contain between 1.4 to 2 billion boe – 90% of which is oil -- thanks to Eni’s successful Tecoalli-2 well and revision to the reservoir models for the Amoca and Mitzon fields. Mexico's…