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DNV GL’s Noble Denton marine services team has launched new support to help vessel operators to understand and implement new guidelines for identifying all possible consequences and failures of Dynamic Positioning (DP) systems, published by the Oil Companies International Marine Forum (OCIMF).  

Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad Energy believes, as exploration and production firms slash budgets and activity.

Halliburton Company and TechnipFMC  has introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving reservoir knowledge.

Equinor and its license partners Source Energy AS and Wellesley Petroleum AS have discovered gas and condensate in exploration well 30/2-5 S Atlantis. Based on preliminary estimates the proven reserves are between 3 and 10 million standard cubic meters of recoverable oil equivalent, corresponding to 19-63 million barrels of oil equivalent.

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