Maritime software solutions provider QPS and marine geo-information specialist TrueOcean have teamed up to develop digital workflows that they say can optimize the journey of hydrographic data from ping to cloud, by improving on traditional…
Neptune Energy signed up to the Extractive Industries Transparency Initiative (EITI), an intiative designed to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources.By endorsing the initiative…
Norwegian oil and gas company Vår Energi said Thursday it had discovered oil at a well in the Barents Sea, north-west of Hammerfest, Norway.The company made the discovery while drilling the 7122/8-1S Countach well in PL229, near the Goliat production platform…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…
Norwegian oil and gas company Equinor and Applied Petroleum Technology (APT) have partnered up in a research and development project that aims to replace expensive downhole sampling and logging with more cost-efficient solutions.Helge Nyrønning…
Marine Technical Limits (MTL), a UK-based FPSO and marine integrity management and repair company, has launched its PYXIS Lightship technology that promises to help ship owners and FPSO / fixed asset operators better manage the lightship weight of their vessels…
From today, the Oil Companies International Marine Forum (OCIMF) is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol for offshore vessels. The option…
Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the world's largest shipping company.The case stems from an investigation…
The Norwegian offshore oil and gas safety watchdog Petroleum Safety Authority Norway has been a target of a phishing attack.Per Phishing.org, phishing is a cybercrime in which a target or targets are contacted by email, telephone or text message…
A new information paper on assurance of dynamic positioning (DP) system failure mode and effects analysis (FMEAs) seeks to improve the process of identifying all possible consequences and failures of DP systems.Entitled ‘Dynamic Positioning Failure Mode and Effects Analysis Assurance Framework…
Norwegian oil and gas company Equinor has received regulatory approval to drill a pilot hole in the North Sea offshore Norway.The Petroleum Safety Authority Norway said Friday it had given its consent to Equinor for exploration drilling (pilot…
Brazilian oil workers' union and oil company Petrobras have this week dismissed reports of a helicopter crash in the Campos basin, as fake news.Union SindipetroNF issued a statement is which it said that the 'news published in some media on Monday…
Marine robotics company Ocean Infinity has appointed DebraAnn Braun as Chief Information Officer (CIO) based in the company’s headquarters in Austin, Texas. Braun is responsible for leading the digital aspects of the business including delivery…
Recent turbulence in the price of light sweet crude oil futures has highlighted how little is known about the positions of traders and their impact on the formation of prices.Exchanges and regulators see the positions of all members and traders…