Libra Consortium has taken the final investment decision (FID) to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero 3 project in the Brazilian deep offshore pre-salt.The pilot unit, using a pioneer high pressure subsea separation technology (HISEP)…
Thai oil and gas giant PTT Exploration and Production (PTTEP) and its Japanese counterpart Inpex have teamed up to conduct a study on carbon capture and storage (CCS) potential in the Northern Gulf of Thailand.The study is expected to lay a…
Tracerco has secured a million-dollar contract in the Gulf of Mexico which will see the business deploy its inspection technology across multiple oil and gas platforms.Under the contract, Tracerco will deploy its pipeline inspection technology…
Expro (NYSE: XPRO) is celebrating 40 years of subsea sector leadership since launching its first subsea test tree system in the North Sea in 1983.From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal…
Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to reduce costs and complexity of offshore wind farms…
Ryan Conger, Technical Sales Manager for APM at ABB Energy Industries, explains how reactive asset performance management (APM) has evolved into APM 4.0, and why partnering with a trusted technology provider can help oil and gas operators avoid costly downtime and maximize profitability…
If the industry has been capturing CO2 for decades, why all the innovation now?CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery…
UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…
Innovate UK’s Energy Catalyst program has awarded a little over $500,000 in grant funding for a project that will seek to develop Indonesia’s first fully offshore floating solar farm.The grant funding was approved for the Solar2Wave project…
Equinor Energy has commissioned MAN Energy Solutions to provide three compressor bundles – and an additional two spare units – as replacements for ones from another OEM.The bundles will be implemented within existing outer casings on the Troll A platform…
Dutch company SolarDuck has secured $16.4 million from existing and new investors for the development and deployment of its offshore solar technology.The funding has been provided by Katapult Ocean, Green Tower, Energy Transition Fund Rotterdam and Invest-NL…
Garnering power from ocean waves is a generation behind the progress of offshore wind, but Mocean Energy, led by founder and managing director Cameron McNatt, is aiming to help offshore companies power up it’s offshore and seafloor assets with its Blue Star system…
Gazelle Wind Power and Tugdock have signed a memorandum of understanding to co-develop a modular offshore wind assembly system which could drive down costs and increase production of floating offshore wind farms.The first project for the new partnership will be Italy’s largest offshore wind farm…
Hitachi Energy and Petrofac have secured a second project under a $14 billion, multi-year framework agreement with the Dutch-German transmission system operator (TSO) TenneT to expand offshore wind capacity in the North Sea.This second contract is for Nederwiek 1…
As part of Aker Arctic’s own research and development work, a series of ice model tests were conducted in November 2023 to investigate the ice loads affecting windmill monopiles. Offshore windmills require robust foundations to withstand the harsh marine environment…