UK plug, abandonment and casing recovery specialist Ardyne said it has entered a frame agreement with Norwegian energy company Equinor to provide fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.The agreement…
As the energy transition continues to pick up pace globally, the North Sea has the potential to become a global showcase for impactful change as a number of low carbon solutions grow in prominence, with partnership models becoming critical for the future of the basin…
The U.S. engineering and automation conglomerate Honeywell International said that it has been chosen to design and deliver an integrated control and safety system (ICSS) to remotely support BP’s Cassia compression platform located offshore Trinidad and Tobago…
Oil and gas companies track and incentivize a variety of metrics, but these actions can inadvertently lead to lower production levels and affect lifting costs.If there’s an incentive for fast drilling instead of precisely placed wellbores that maximize contact with sweet spots…
Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…
Oilfield services company Halliburton introduced the Xtreme Single-Trip Multizone (XSTMZ) system for completing wells in deepwater and ultra-deepwater conditions up to 15,000-psi, to be used by a major operator in the Gulf of Mexico in 2020…
The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership with world oil majors.The company has officially announced the completion…
Services company Danos said it is tapping virtual reality (VR) technology to assess and train its employees, in an effort to drive down costs for customers while increasing safety and minimizing exposure.“It’s critical that employees be assessed for competency…
Baker Hughes, C3.ai, and Microsoft Corp. announced an alliance to bring enterprise artificial intelligence (AI) solutions to the energy industry on the Microsoft Azure cloud computing platform.This alliance will enable customers to streamline…
Ocean data company XOCEAN announced the completion of a €7.9 million ($8.8 million) funding round, fully subscribed by existing shareholders, to support its international growth plans.XOCEAN said it has set out to transform the way ocean data…
Ocean Infinity's Kongsberg Hugin autonomous underwater vehicles (AUV) have achieved significant endurance milestones during testing thanks to new pressure tolerant batteries from Kraken Robotics. The vehicles performed several missions to greater than 5…
Operators are on digitization journeys linked to life extension projects that aim to make the most of older infrastructure. Proposed tiebacks at ConocoPhillips’ Tor II and on Aker BP’s Ivar Aasen projects look set to reveal a special benefit to “freeing data”…
A new full motion compensation system from Dutch offshore access provider Ampelmann is designed to transfer personnel as well as cargo up to 5,000kg in rough waters offshore. It is expected to be operational in the third quarter of 2020The E5000 system is based on the proven technology of the E1000…
Aker Solutions said it is working with a group of leading oil and gas operators in a joint industry project that aims to make subsea gas separation a reality.Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly…
Operators have traditionally grown their resources and reserves through acquisition, exploration and producing more from an already-discovered field. Now, digital technologies are helping operators increase reserves.Wood Mackenzie research director…