Research News


Sembcorp in Offshore R&D Pact with A*Star

Feb 18, 2020

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…

Offshore Accounts for 60% of Oil Discoveries

Feb 16, 2020

Offshore discoveries accounted for more than 60% of global discoveries in 2019, up significantly on previous years, according to a study by GlobalData.GlobalData report reveals that while Colombia and Norway saw the highest number of discoveries drilled in 2019…

UK Readies Carbon Storage Road-map

Feb 09, 2020

Heriot-Watt University researchers are to map out the UK’s best sites for carbon capture by studying the geology of depleted gas fields in the North Sea.The team led by Professor John Underhill will use data from industry regulator the Oil and Gas Authority's (OGA) National Data Repository (NDR)…

Ørsted, US Unis to Study Whales in OWP

Jan 23, 2020

Danish developer Orsted U.S. Offshore Wind has signed a research partnership  with Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution to support academic research activities related to offshore wind.The…

Fugro Wrap Up Sea Seep Hunting Study

Jan 21, 2020

Geophysical services provider Fugro and the Colombian Maritime Authority (DIMAR) have completed a joint environmental seep hunting study to help assess the country’s resource potential in the Caribbean Sea.The study involved shallow water seabed sediment coring…

Oil, Gas Players Optimistic on Profits

Jan 20, 2020

Companies  in the oil and gas sector are optimistic about their ability to achieve their financial targets for 2020, according to a survey from standards agency DNV GL.While the sector’s growth hangs in the balance for 2020, oil and gas leaders are optimistic that they will weather the storm…

Electrifying Norway's Offshore Production

Dec 08, 2019

According to Rystad Energy, Norway has taken several steps to reduce its upstream emissions through electrifying offshore platforms, reducing flaring volumes, installing carbon capture and storage (CCS), and other energy efficiency measures…

Oil and Gas Industry Adopts VR

Oct 31, 2019

The oil and gas industry is witnessing wide-scale deployment of virtual reality (VR) technology across its value chain, according to GlobalData.According to the report, ‘Virtual Reality in Oil & Gas’, VR is finding its way into upstream, midstream…

China, ISA to Establish Deep Ocean Center

Oct 28, 2019

The Secretary-General of the International Seabed Authority (ISA) Mr. Michael W. Lodge signed a Memorandum of Understanding (MoU) to establish the first ever joint training and research center with Mr. Wang Hong, Administrator of State Oceanic Administration of China…

Atkins Updates US Offshore Market Guide

Oct 28, 2019

Engineering and project management consultancy Atkins, together with law firm K&L Gates LLP, has released an updated Offshore Wind Market Handbook to help guide investors through technical and regulatory issues in the US offshore wind market…

Brazil to Lead in Global FPSO Deployments

Oct 24, 2019

Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData.Brazil is expected to deploy a total of 11 planned and ten announced FPSOs by 2025…

Drilling Activity Buoyant in Norway

Oct 16, 2019

The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date.Rystad Energy expects that this high activity…

Digitalization: Oil Industry Could Save up to $100Bln

Oct 08, 2019

The global oil and gas industry can save as much as $100 billion through automation and digitalization in the 2020s, energy research firm Rystad Energy said.'As much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s…

Subsea Market on the Rise in 2019

Sep 24, 2019

Subsea equipment and SURF– subsea, umbilicals, risers, and flowlines – are the best-performing segments, with growth rates exceeding 10% on a yearly basis in the second quarter of 2019.Rystad Energy announced that the subsea market is definitely on the rise in the oilfield service sector…

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