Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…
Well control and engineering services company Wild Well Control announced it is expanding its Montrose facility at South Ferryden, U.K.Wild Well, a Superior Energy Services company, maintains its WellCONTAINED subsea containment system at Montrose Port…
Aker BP on Wednesday said it has begun operating the permanently manned North Sea platform Ivar Aasen from an onshore control room in Trondheim, Norway.The Ivar Aasen platform was constructed with two identical control rooms – one on the platform…
New technology for offshore steam-flooding has taken its next step toward North Sea reality. Aberdeen-based oil and gas production technology business Pragma Well Technology said a successful feasibility study has led to a green light from Pharis…
Bergen based Swire Seabed has ordered its first autonomous underwater vehicle (AUV), a HUGIN system configured for commercial survey applications from manufacturer Kongsberg Maritime, the firm announced Thursday.According to Swire Seabed, the…
U.S. based seabed survey and ocean exploration company Ocean Infinity announced Wednesday that its Brazilian partner has been awarded a contract to provide high-resolution hydrographic mapping services to Brazilian national oil company Petrobras…
Equinor has won a license to develop carbon dioxide (CO2) storage under the North Sea, Norway's oil ministry said on Friday, part of a push to combat climate change.Equinor is expected to submit a development plan this year, with parliament making a final decision in 2020 or 2021…
SIClamp structural pipeline repair clamp technology from U.K. manufacturer Subsea Innovation is designed to act as a temporary or permanent structural repair clamp for carbon steel pipelines designed for water, oil or gas transport. Emergency…
Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double down on their cost-saving ambitions.An EY survey of 100 global oil and gas executives found that 89 percent…
Norwegian based Optime Subsea said it has been selected by Aker BP to provide well access system and services on the Norwegian continental shelf (NCS) for the next two years, with extension options.Aker BP will in the next two years use Optime…
A new active vibration damper tool autonomously adapts to changing downhole bottom hole assembly (BHA) motion in real time, reducing drilling dysfunctions and ultimately leading to faster, more efficient drilling, says Norwegian services company PSW Group…
The U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) defines a high-pressure/high-temperature (HP/HT) environment as any reservoir that requires completion equipment or well control equipment with an assigned pressure rating greater than 15…
Italian oil and gas contractor Saipem said it will work with Shell to further enhance key features of the oil major’s proprietary subsea autonomous vehicle, FlatFish.Since March 2018, Saipem has been the sole developer of FlatFish technology for Shell…
The world's first industrial-scale floating wind prototype, Hywind 1, installed in 2009 off the west coast of Norway, will be reborn as an infrastructure for research and technology projects in Metcentre at Karmøy.Unitech Offshore, which manufactures and distributes subsea connector assemblies…
Oil supermajor ExxonMobil announced Tuesday it has signed a partnership agreement with technology giant IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies.The agreement sees…