Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…
Partners in Danish carbon capture and storage Project Greensand have developed technology for frequent seismic monitoring of CO2 stored in the Nini West field in the Danish North Sea.'Frequent seismic monitoring is essential for safe and permanent storage of CO2…
Norway's HAV Group ASA has agreed to acquire Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels.'The planned technology acquisition is a strategic move that accelerates HAV Group's plans to offer digital functionality…
Addtech Industrial Solutions has signed an agreement to acquire 90% of the shares outstanding in Feritech Global Ltd (”Feritech”).Feritech designs and manufactures bespoke technical solutions for the geotechnical subsea sector. The company operates…
Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…
Relocating Shell's headquarters from London is not on Chief Executive Wael Sawan's priority list, he said on Thursday, as he focuses on narrowing the energy giant's share performance gap with U.S. rivals. Shares of Europe's top energy companies including Shell…
LOTOS Petrobaltic, part of ORLEN, has ordered Saab’s Seaeye Leopard work-class ROV to service subsea infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.'After evaluating other work vehicles on the market, LOTOS Petrobaltic…
TotalEnergies has awarded Aker Solutions a contract to provide its deepwater standard Subsea Production Systems for three additional infill wells tied back to the Moho Nord field in the Republic of the Congo. Aker Solutions said the order was a sizable one…
The path to decarbonization is defined by partnership and fueled by government funding. This month we examine the players, partnerships, and evolution of Hydrogen Hubs in the Gulf of Mexico.The Green Shipping Challenge, organized by the United States and Norway at COP 27 held in late 2022…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
Robotic systems firm Sarcos and subsea robotic systems developer VideoRay have signed an agreement to offer integrated underwater robotic systems combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robotic system including its dexterous arms…
Malaysia-based FPSO supplier Yinson Production has ordered a submerged turbine solution from Framo, for regenerating energy from the waste cooling water flowing from offshore installations.Framo said Yinson was the first to opt for its technology…
Kongsberg Digital said Tuesday it had 'significantly' increased its investment in FutureOn, a Norwegian software company that provides cloud-based digital transformation tools for the offshore energy industry.'The value propositions of FutureOn and Kongsberg Digital are highly complementary…
Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will 'accelerate the evolution' of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB…
Aberdeen-based Balmoral has unveiled a new scour protection system that integrates seabed protection and flow reduction to minimize operational costs and potential cable failure in the offshore wind industry.The new HexDefence structure eliminates the requirement to dump rock…
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