Kuwait Oil Company (KOC) plans to spend 1.2 billion dinars ($3.92 billion) on its exploration drilling program through 2030, its senior executive told Reuters in an interview.The spending is part of a 9.8-billion-dinar budget - the company's biggest ever - allocated for drilling and maintenance of up to 6,193 wells by the end of this decade, said its Deputy CEO for Exploration and Drilling Khaled Al-Mulla…
Pharos Offshore Group has expanded its subsea trenching fleet with the acquisition of the 620-horsepower UTV620 jet trencher, bolstering its seabed intervention and cable protection capabilities amid rising demand across offshore wind, telecoms…
Process safety specialist Empirisys has entered into a partnership with offshore energy services provider Bumi Armada UK to enhance safety reporting and decision-making across North Sea operations through the deployment of its AI-driven platform…
Dutch heavy-lift technology specialist Huisman has launched Rope Vision, an automated visual inspection tool aimed at improving the reliability, safety and lifespan of crane wire ropes used in heavy lifting operations.Rope Vision combines high…
Forum Energy Technologies’ (FET) subsea product line has secured a contract to provide two of its new generation work class remotely operated vehicle (ROV), the XLX EVO III, to Nigerian oil and gas firm Marine Platforms (MPL).The contract win marks the first sale of FET’s XLX EVO III…
From oil pipelines and storage tanks to security zones and disaster sites, current methods for remote inspection often rely on a mix of drones, rovers, crawlers, and other specialized systems. That complexity increases costs, slows deployment…
Aker Solutions and Kongsberg Discovery have teamed up to deploy a drone detection system aimed at protecting offshore infrastructure, beginning with a demonstrator at Aker Solutions’ site in Stavanger.The system uses Kongsberg’s Drone Detection…
U.K. engineering company Multisec, in partnership with Durham Lifting, has designed and manufactured one of the largest C-Hooks ever produced for the offshore wind industry.The bespoke lifting tool, developed for SeAH Wind, has a capacity of…
Golden Software has continued to enhance the 3D drillhole viewing functionality in the latest release of its Surfer mapping and 3D visualization software package. Overall, the new version of Surfer provides users with several upgrades to save time and streamline creation of subsurface maps…
Halliburton has launched the Turing electro-hydraulic control system, the next generation of SmartWell intelligent completions technology, designed to improve reservoir recovery and reduce well count.The Turing electro-hydraulic control system…
James Fisher and Sons, a provider of specialist marine and energy solutions, has completed the world’s first abrasive cut on a 10-meter-diameter offshore wind monopile, marking a significant milestone for decommissioning operations in the renewable energy and oil and gas sectors…
The U.S. Environmental Protection Agency (EPA) has approved SLB’s Methane LiDAR Camera as an alternative test method (ATM) for methane detection under the OOOO family of regulations, aimed at stopping fugitive methane emissions.The SLB Methane…
A panel session at The Heavy Lift Group’s gathering in The Hague in May put its finger on a ‘hot button’ topic in offshore logistics by focusing on the responses required from industry to fast-changing developments in the renewables sector.The…
Shape Digital, Shell Brasil, MODEC Brasil and Unicamp signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital…
The North Sea Transition Authority (NSTA) is sending a selection of experts to take the stage at Offshore Europe 2025, leading sessions on a wide range of topics from electrification to spatial planning.The event, which brings together upstream energy professionals from around the world…
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