Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe.Multi…
Franco-American oil services firm TechnipFMC Plc is putting on hold plans to split itself into two due to turbulence in financial markets linked to the coronavirus outbreak, it said on Sunday.The group, created three years ago via the merger of Technip and FMC…
Offshore Technology Conference 2020, one of the world's largest conferences and exhibitions dedicated to the offshore energy industry, will be postponed this year due to the coronavirus outbreak.The OTC 2020 organizers said on Friday that the conference…
Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations.Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field…
LNG technology company Air Products has won a contract to deliver heat exchangers for the Total-operated LNG development in Mozambique.The Mozambique LNG project, previously operated by Anadarko, will be Mozambique’s first onshore LNG development…
How cloud-based computing is transforming subsea surveyDigitalization has revolutionized the world, and hydrographic survey techniques are no exception. While advances in mechanical design have enabled the survey of increasingly remote locations…
Ocean energy solutions innovator Ocean Power Technologies (OPT) said it it is working with joint development partners Modus Seabed Intervention and Saab Seaeye to develop a new solution for carbon-free subsea autonomous underwater vehicle (AUV) residency that would provide long-term…
ThayerMahan, a company specializing in autonomous maritime security solutions has partnered up with iXblue, a company specializing in navigation, acoustic positioning, and underwater imaging.The two companies are teaming up to provide unmanned…
Global classification society DNV GL has awarded a conformity statement to Norwegian solar energy company Ocean Sun for its floating solar design methodology.The conformity statement is the first of its kind and was issued following a thorough…
The size of the prize of so-called digitalization technologies is enormous. How much is reality and how much is hype?UK-based analyst firm Wood Mackenzie asked this very question. The results are perhaps not that surprising.Speaking at Offshore Europe…
Equinor, with its partners Shell and Total, has completed the drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea. The purpose was to determine the suitability of the reservoir in the Johansen formation for CO₂ storage…
Aker BP and Framo have signed a first long-term frame agreement for the preventive maintenance of seawater lift pumps, a deal in which “compensation is directly linked to facility uptime”, the operator said in a release Monday.While the “seawater lift as a service” agreement might sound “smart”…
Energy majors Shell and Equinor have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence, and 3D printing…
The last 12 months has seen a long-envisioned concept in field resident subsea finally make it mainstream. The idea now features in talks by chief technology officers at major industry events, instead of just being the focus of a smaller subsea side events…
The wind blows steadier at sea than on land, creating more reliable energy conditions for the generation of renewable energy—a major opportunity to combat climate change without disrupting the lives of those people it will benefit the most.…
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