Saipem’s underwater intervention drone Hydrone-R, currently operating on Equinor's Njord Field development project offshore Norway, has achieved the milestone for continuous subsea residency of 167 days.The project, for which Saipem’s Hydrone-R is deployed…
Promethean Energy, an oil and gas company focused on stewarding mature assets, has started work on the temporary abandonment of nine orphan wells in the Matagorda Island lease area in the Gulf of Mexico on behalf of the U.S. Federal government…
Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.The company said it will buy back a further $3…
Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous…
Vattenfall and Offshore Renewable Energy (ORE) Catapult have signed a three-year extension on their testing and demonstration collaboration at Aberdeen Offshore Wind Farm.The partnership at the 96.8MW offshore wind test and demonstration facility first began in 2019…
ScoutDI has added an ultrasonic thickness measurements (UTM) payload, complete with in-flight A-scan, to the capabilities of its end-to-end inspection data solution for the Scout 137 drone.The product is suitable for offshore applications where…
Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units…
FPSO leasing specialist firm MODEC and drone firm Terra Drone have signed a Memorandum of Understanding for the technical development of inspection drones for floating production, storage, and offloading systems.'MODEC's FPSOs ensure their integrity…
A wind turbine at RWE's Scroby Sands offshore wind farm in the UK reportedly caught fire Tuesday.Drone footage, shared by Oliv3r Drone Photography, showed the turbine's nacelle and blade engulfed in flames, releasing thick smoke into the air…
Technology first developed by the NASA Jet Propulsion Lab (JPL), which is being used to detect offshore methane emissions, is to be showcased at SPE Offshore Europe 2023 in Aberdeen next month.SeekOps, the US-based sensor company, has deployed its drone-agnostic SeekIR solution…
GE Vernova’s Offshore Wind business and UK-based Offshore Renewable Energy (ORE) Catapult have signed a new research collaboration, building on the success of their previous ‘Stay Ashore’ program.The £4 million agreement Monday paves the way…
Oil prices were on track for a sixth week of gains after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through September.Brent crude futures for October edged 33 cents higher to $85.47 a barrel by 1326 GMT…
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.Under the existing Long-Term Agreement (LTA) with Saudi Aramco…
Top down or bottom up, new technologies are helping the industry boost their leak detection and repair (LDAR) strategiesAs the world approaches 1.5°C, the presumed threshold of dangerous warming, action to reduce methane releases is seen to be a way of buying time for achieving longer term CO2 cuts…
Russia said on Sunday that Ukraine had made unsuccessful attempt to attack a Russian naval ship with six high-speed drone boats as the Russian vessel patrolled major natural gas pipelines in the Black Sea.The 'Priazovye' ship was carrying out…
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