In what has been described as 'the greatest climate project in Norwegian industry ever' the Norwegian government on Monday submitted a white paper to parliament, proposing to launch a $2,7 billion carbon capture and storage (CCS) project in Norway…
Norway's Aker ASA will create more value from IT and low carbon energy businesses in the next decade than from its traditional oil and gas operations, billionaire investor Kjell Inge Roekke said on Wednesday.Via his 67% stake in the Aker group…
Introducing the new Tracerco™ Insights Platform – a faster and more intuitive way to tap into our innovative tracer technology and maximise ROI.For over 40 years, we’ve helped businesses like yours gain unparalleled reservoir insights. Now…
Ocean mapping at scale is the target of a new unmanned systems player started by two ex-US Navy SEALS. They have big ambitions, from new building unmanned vehicles to creating the intelligence that will drive them to changing how accessible ocean data is…
Maersk Training in the UK announced the launch of its upgraded Training Management Solution (TMS) with the aim to improve the training management for companies dealing with fewer headcount and remote working, amid the coronavirus pandemic.The software is divided into two parts…
Norwegian offshore vessel owner Solstad has signed a cooperation deal with Westcon Power & Automation, a provider of hybrid- and fully electric solutions, to develop environmentally friendly and sustainable technologies, with the final aim to make the company carbon neutral by 2050…
South Korean shipbuilding giant Hyundai Heavy Industries' Floating LNG to Power solution - Hi-FL2P - has been granted an approval in principle certificate by the global classification society Bureau Veritas.‘Hi-FL2P’ has been described as an…
Word's largest oilfield services company Schlumberger has this week entered a major tech collaboration agreement with the global technology giant IBM and its subsidiary Red Hat. The aim of the initiative is to accelerate digital transformation across the oil and gas industry…
Applied Acoustic Engineering (AAE) has announced the launch of a new ultra-short baseline subsea positioning system, Pyxis USBL.AAE says the system is ideal for very shallow operations such as diver monitoring, for deeper applications where ROV’s and AUV’s might be deployed…
UK-based tech company SRO Solutions has recently completed what it says is a 'major digitization project' for the Japanese FPSO provider MODEC in Ghana where the company has two FPSOs deployed.'The project, part of a series of high value digitization…
In today’s world, the power to connect, even in the most remote and challenging places, has never mattered more. Whatever your business or organisation, you need more than a communications supplier. You need a smart network solutions partner…
Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond oil and gas oilfield services, its chief executive said on Tuesday.The company will continue to downsize its oilfield services and equipment portfolio…
Dutch offshore gangway solutions provider Ampelmann has won a contract that will see one of its crew-transfer gangways deployed offshore India.Ampelmann said Tuesday that it had signed a contract with offshore engineering and construction firm…
Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…
ACSM chose an electric Saab Seaeye Panther XT robotic vehicle for pipeline inspection in the Gulf of Mexico. The Panther inspected 261 pipelines totalling 2,340 km in four fields in the Gulf of Mexico (GOM), at depths ranging from 15 to 130 metres…