The partners in the Åsgard license have decided to invest just under NOK 1.4 billion to further develop the field and implement the Åsgard B low-pressure project.
Aquaterra Energy, a leader in global offshore engineering solutions, has secured a multi-million-dollar (USD) riser contract with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region.
Optime’s subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP. The ROCS eliminates the umbilical during well completions. This is not just a first system use, but also a first type of operation for the industry.
Seven companies have applied for production licenses in the 25th licensing round on the Norwegian Continental shelf. The deadline for applications was 23 February.
European majors are anticipated to undergo stronger LNG capacity growth to 2025 than their US peers, particularly across three key regions: Former Soviet Union, North America and Africa, says GlobalData, a leading data and analytics company
Enteq Upstream (Enteq), an oilfield services technology and equipment supplier, has announced the launch of its novel alternative to traditional rotary steerable system (RSS) for directional drilling: the SABER Tool (Steer-At-Bit Enteq Rotary Tool).
The rapid detection of hazardous substances in Turkey’s offshore water is made possible with a Saab Seaeye Falcon operated by MOST Maritime and Environmental Services.
MOST Maritime’s emergency response team chose the remotely operated vehicle for its speedy deployment complete with cameras and multi-sensor detectors, ready to locate the incident, observe, and secure the danger.
The company provides global emergency response services for petroleum and other harmful substance spills in the sea and inland waterways worldwide.
Easy to deploy, the Falcon’s rapid response capability makes it a vital resource for hydrocarbon leak detection where speed is essential to avoid the serious consequences of economic loss and environmental pollution.
The Seaeye Falcon, to be deployed in Turkey for rapid response hydrocarbon leak detection.
Depth rated to 300m and 1000m, the Falcon is the world’s top-selling underwater vehicle in its class noted for its ability to handle a wide range of cameras, sensors and tools, and a reliability record covering thousands of hours of undersea operations.
The Seaeye Falcon’s success comes from its reputation as a versatile resource, with five powerful thrusters packed into a compact and easy-to-handle metre-sized vehicle enhanced by Saab Seaeye’s iCON™ intelligent control architecture. The resultant design is a highly manoeuvrable, multi-tasking vehicle that is easy to use and able to handle strong currents.
PETRONAS through its subsidiary, PC North Madura II Ltd., has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract (PSC), offshore East Java, Indonesia. PC North Madura II Ltd. is the operator with 100 per cent participating interest in the North Madura II PSC.
Workstrings International (Workstrings), a leading provider of quality drilling and tubular handling equipment and a Superior Energy Services company, provided the 4 in. CTM26 drill pipe used in a record-breaking 28,789 ft flowline cleanout operation in the Gulf of Mexico.
Oceaneering International, Inc. (Oceaneering) announces that its Subsea Robotics (SSR) and Offshore Projects Group (OPG) have been awarded an integrated rig services contract for covering the Khaleesi/Mormont and Samurai fields in the U.S. Gulf of Mexico.
Following the news that NEO Energy is acquiring ExxonMobil’s Central and Northern North Sea assets in the UK;
PETRONAS has made a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometers off the coast of Sarawak, offshore Malaysia.
Vysus Group (formerly Lloyd’s Register Energy - LR), a global engineering and technology consultancy, has secured a contract with the international services company, Aibel, which was awarded a five-year portfolio agreement with Equinor for major project activities to be performed at Oseberg Field Center.
Natural gas has a very important role to play in the energy transition and in meeting the world’s climate goals, says the Secretary General of the International Energy Forum, HE Joseph McMonigle.
Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published on February 25, 2021, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.
The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, has unveiled the 5th edition of its annual GECF Global Gas Outlook 2050 (Outlook) at an online event attended by energy ministers and senior representatives from the Forum’s Member Countries together with a bevy of dignitaries and gas industry stakeholders.
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