Oilfield services company SLB has, through its joint venture OneSubsea, secured a contract from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric subsea production systems project in the Fram Sør field, offshore Norway…
Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast.This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions…
Promethean Energy has awarded a master services contract to independent wells specialist Elemental Energies to support the decommissioning of nine orphaned wells in the Gulf of Mexico.The first phase of the project started in February with Elemental…
It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern…
In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…
The fuel savings gained by installing energy storage systems on oil and gas platforms are significant, but it’s the safe-ty benefits that might overcome what has been a relatively slow uptake of late.Industry lore has it that drilling rigs say…
The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium…
Abu Dhabi National Oil Company's (ADNOC) use of artificial intelligence generated $500 million of additional value last year, it said on Tuesday.The state oil giant said it had already integrated more than 30 AI tools across processes from field operations to corporate decision-making…
Danish engineering group Ramboll has been selected by Italian company Agnes to deliver advisory and technical support for a 600MW offshore wind project in the Adriatic Sea, that will also feature floating solar units, battery storage and hydrogen production plant…
Digital solutions are accelerating the progress required to ensure CCS earns its place in climate change mitigation history.Carbon capture has been around since the 90s, but the behavior of CO2 in pipelines is still not that well understood…
Shell Nigeria Exploration and Production Company (SNEPCo) has performed the first remotely controlled well completion operation at Bonga field, offshore Nigeria.The operation was conducted at the Bonga field, in 1,060 meters water depth. The…
Naval architecture and marine engineering firm BMT unveiled its new design for a 48-meter service operation vessel (SOV).BMT said the mid-sized vessel sits in between crew transfer vessels (CTV) and typical SOVs, providing a more cost-effective…
Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…
SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.The Geminus model…
European Union’s Horizon program has approved a $4.4 million grant for SHY project, which will develop a new power take-off (PTO) system with advanced control strategy, aimed at reducing the cost of wave energy.SHY project, short for Seawater…
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