Oil and gas company Neptune Energy has reached an agreement with oilfield services and technology company Halliburton, for the used of Halliburton's DecisionSpace 365 well construction suite of cloud applications, that could save the oil company $20 million a year…
Marine services company C-Innovation (C-I) has ordered a package of Sonardyne’s underwater positioning and navigation systems to support its operations offshore Brazil.Remotely operated vehicles (ROVs) on board six ROV support vessels (RSVs) in the country will be equipped with Sonardyne inertial…
FLASC, a start-up developing non-battery based energy storage solutions for the offshore sector has entered a collaboration with offshore installation giant Subsea 7.FLASC's patented Hydro-Pneumatic Energy Storage (HPES) concept combines pressurized…
FPSO specialist Bluewater and classification company DNV GL have teamed up in a pilot project aimed at testing how hybrid digital twin technology can predict and analyze fatigue in the hull of an FPSO in the North Sea, increase safety, and reduce operational costs and time by optimizing inspections…
Offshore engineering and installation firm McDermott has teamed up with electrical equipment giant Schneider Electric, and io consulting - a Baker Hughes company - to design carbon-neutral facilities for the upstream oil and natural gas market…
UK-based well integrity and production optimization firm Coretrax said its ReLineWL expandable straddle has recently enabled a Gulf of Mexico operator to troubleshoot an inoperable safety valve, passing through a restriction that conventional straddles could not pass through…
Advanced design software supports growth of additive manufacturing applications in the oil and gas industryAdditive manufacturing (AM, aka 3D printing) is beginning to impact product-development strategies in the oil and gas industry just as…
Oil and gas company Wellesley Petroleum earlier this year deployed a mobile ‘On-the-Rig’ (OTR) drilling simulator, to make its drilling crew ready for a drilling project offshore Norway and minimise the risks.The simulator, designed and manufactured by company Drilling Systems…
UK-based ROV services provider ROVOP has said it has delivered its first remote platform-based inspection, repair, and maintenance workscope, 'effectively reducing the number of personnel required offshore,' on Premier Oil's Balmoral floating production vessel in the UK North Sea…
Subsea robots can be great for environmental studies and search-and-rescue missions and, but eventually, they must return to a base to recharge their batteries and upload their data, which is a challenge if your robot is an autonomous underwater vehicle (AUV) exploring deep ocean waters…
One of the world's largest maritime classification societies American Bureau of Shipping (ABS) on Tuesday launched a web-based digital platform that 'delivers real-time data-driven insights to improve fleet efficiency, reduce costs and help manage risks…
Norwegian company Miko Marine will deliver four cofferdams and water inlet covers for a Modec FPSO being built in China.The FPSO, under construction at the DSIC yard in Dalian, will operate at Equinor's Bacalhau field offshore Brazil.Miko Marine…
Weir Group Plc said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash, as the engineering company focuses on its mining business.Shares of Weir surged 22.5% to 1,568p…
Aker Offshore Wind, an offshore wind energy spin-off of Aker Solutions, has installed Light Detection and Ranging buoys (LiDARs) offshore Ulsan, South Korea. The company said the operation was a major milestone for the company’s KFWind consortium…
Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…