Partners in the Sleipner field will disclose datasets from the world's first offshore carbon capture and storage (CCS) plant, in a push to advance innovation and development on the field of carbon dioxide (CO2) storage, Norwegian energy company Equinor announced on Wednesday…
Aberdeen-based Infinity Oilfield Services and Malta-based Medserv have formed a new joint venture named InMedCo, to provide a broader portfolio of highly specialized technical services to the oil and gas market.The InMedCo joint venture combines…
Mexico's independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near the U.S. maritime border.The plans commit the Anglo-Dutch oil major to invest at least $397 million over the next four years…
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor for the processing of seismic data from the Johan Sverdrup Permanent Reservoir Monitoring (PRM) system in the North Sea, CGG announced on Tuesday.Managed…
Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.Sources…
Aberdeen-based Nucore Group said it has established a new division that will offer a range of fire and blast door installation, maintenance services. In line with the expansion, the group has appointed Brian Wallace as Offshore Door Services Manager…
UK-based offshore energy support vessel (OESV) operator Seacat Services said on Monday it has secured long-term extensions to its vessel support contracts with Siemens Gamesa Renewable Energy (SGRE) at Galloper Wind Farm, off the coast of Suffolk…
Oceaneering International said it has secured a contract to perform the first-ever deepwater autonomous underwater vehicle (AUV) survey in Mexican waters.The geophysical survey will be performed for BHP at its Trion development. Oceaneering will use the DP-2 Ocean Investigator…
ABS announced on Monday it is partnering with digital twin specialist Akselos to explore developing cutting-edge digital services to clients.The project unites the experience of applying digital technologies to maritime and offshore assets from ABS with Akselos’ patented technology…
Lukoil said it has signed a preliminary agreement with Kazakhstan's state energy company to develop the I-P-2 license block in the Kazakh Sector of the Caspian Sea.Lukoil president Vagit Alekperov signed the Heads of Agreement deal with JSC NC KazMunayGaz chairman Alik Aidarbayev at the 23rd St…
Offshore driller Seadrill said it has appointed Stuart Jackson as Chief Financial Officer, effective upon release from his current employment which is expected by the beginning of August.Jackson will replace Mark Morris who announced he would step down from the CFO role in January…
A new market-ready universal floating offshore electrical substation for offshore wind farms has been unveiled by project partners Ideol, Atlantique Offshore Energy and ABB, at a technical seminar in Paris on Friday.The new substation, a world…
Kraken Robotics Inc. subsidiary, Kraken Robotic Systems Inc. said it has established a new facility in Dartmouth, Nova Scotia to field test and support its range of underwater robotic platforms and technologies.The new 4,000-square-foot Unmanned…
Fitch on Thursday became the first major ratings agency to downgrade the debt of Mexican oil company Pemex to 'junk' status, in a major setback for President Andres Manuel Lopez Obrador's plans to revive the struggling state-run firm.Fitch changed…
BP is again seeking buyers for its stake in the Shearwater oilfield in the British North Sea after talks with Royal Dutch Shell fell through, industry and banking sources said.The talks between Shell, the field's operator, and BP failed due to disagreement over the value of the 27…
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