Sky-Futures, a provider of drone inspection services for the oil and gas industry, has raised US$3.9 million (£2.5 million) from venture capital fund, MMC Ventures, the largest investment into drone technology in Europe. The Series…
The US Federal Aviation Administration announced approval for the first commercial drone flights over land in the US and the start of operations in Alaska earlier this week. BP plc signed a five-year contract to use drones for its oil operations in Alaska…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
The Arctic Research and Design Center, a joint venture between Rosneft and ExxonMobil, has started its Kara-Winter 2014 Expedition to assess ice conditions in the Laptev, Kara, and East-Siberian Seas. The expedition, which has support…
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