TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…
Norway's Equinor and its partners in the Northern Lights underground carbon dioxide (CO2) storage project offshore Norway have signed preliminary agreements with seven potential industrial customers for the venture.The agreements are a crucial…
Valeport sensor technology has been selected by Oceaneering International for integration into its subsea Freedom vehicles. Oceaneering’s next generation hybrid ROV, Freedom, will be fitted with Valeport Bathypack, Altimeter and Hyperion Fluorometer sensors…
Technology companies iXblue and 2G Robotics have signed a Memorandum of Understanding (MoU) to offer a new survey skid for inspection class remotely operated underwater vehicles (ROV). This all-in-one integrated skid will deliver high accuracy inspection capabilities on small ROVs…
Serica Energy has signed a deal to adopt the Restrata Platform – a piece of digital safety technology which provides real-time monitoring of people and assets – on its Bruce asset in the UK Northern North Sea.Restrata, a technology and services company focused on security…
Researchers aiming to help operators maximize recovery are using artificial intelligence (AI) to unlock a vast amount of rw data collected by the oil and gas industry. The Intelligent Data Quality Improver (IDQI) project, an initiative involving…
Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…
Fred. Olsen has been working on a wave energy design called BOLT. It’s based on a floating platform attached to the seabed via moorings that are in turn attached to a specialized winch line product, which wind in and out of winches (one to three…
A new work class remotely operated underwater vehicle from SMD introduces electric drive technology to the subsea sector in a modular packageThe new Quantum EV ROV prototype, showcased at Offshore Europe in Aberdeen this week, is equipped with a new 25kW high power electric thrust system…
A new high-definition dual-imaging-while-drilling service from Schlumberger has been introduced to overcome geomechanics-related challenges and provide geological characterization in real time.The new service, TerraSphere, introduced at the…
Baker Hughes, a GE company (BHGE), said it has deployed its downhole intelligent wet-mate system, which enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions.Deployed…
As technological advancements continue, subsea processing equipment such as gas compression – now moving beyond Norwegian waters for the first time – may prove to be an increasingly important piece of the offshore production puzzle.“The overall subsea landscape is changing radically…
In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…
In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…
Underwater inspection provider Welaptega said it has appointed a new general manager for its global business.Tyler de Gier has been promoted to the role from within the company and will be based in the company’s headquarters in Halifax, Canada…