Technology News


BW Offshore Taps NOV's APL for Barossa FPSO STP System

May 11, 2021

FPSO specialist BW Offshore has awarded NOV's APL a contract to supply a large submerged turret production (STP) system for the FPSO to be deployed at Santos' Barossa gas and condensate field located offshore of Australia.The Barossa field is…

OMV Hires MMA for Offshore Decom Work in New Zealand

May 11, 2021

OMV New Zealand has awarded Australia's MMA Offshore a contract to help with the decommissioning of several wells in the Maui field, 35 kilometers off the coast of Taranaki, New Zealand.MMA’s UK-based engineering team has designed and developed…

World's First: CMHI's Offshore Rig Gets DNV's 'Smart vessel' Notation

Apr 15, 2021

Shen Lan Tan Suo, a semi-submersible drilling rig from China Merchant Heavy Industry (CMHI), has received DNV’s Smart vessel notation compliance certificate. The rig is now the world’s first offshore unit the first to receive DNV's newly developed notation…

Petronas Awards 3-Year Well Intervention Deal to Welltec

Apr 15, 2021

Offshore energy technology company Welltec has secured a three-year contract with the Malaysian oil firm Petronas as the sole provider of downhole conveyance and powered mechanical services for Petronas' Malaysia operations.Espen Dalland, Area…

Total, Siemens Energy Partner Up to Cut LNG Related Emissions

Apr 13, 2021

French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation…

Robots Could Replace Thousands of Oil & Gas Jobs, Cut Drilling Costs

Mar 30, 2021

Robots could replace hundreds of thousands of oil and gas jobs globally and reduce drilling labor costs by several billion dollars by 2030, if there is an industry push for such a transition, Rystad Energy has found.'Even when the Covid-19 downturn is finally past us…

Interview: Cloud Solution Promises to Drive Down CUI Maintenance Costs in O&G Industry

Mar 04, 2021

SAP SE and DNV GL - as of today known just as DNV - have recently announced a collaboration aimed at delivering a new industry cloud solution designed to tackle corrosion under insulation, a major problem facing the integrity of oil and gas plants…

DIGITALIZATION: ROCS Helps Aker BP Move "Tons of Equipment" off the Rig

Mar 01, 2021

Optime’s subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP, the company reports. The ROCS is designed to eliminate the umbilical during well completions, and it was deployed during…

Plugging the Hole

Mar 01, 2021

Sitting at 49% of the total cost of decommissioning, wells plugging and abandonment (P&A) has long been high on the hit-list on the decommissioning cost reduction agenda. It’s a task that has no returns on the cost to do it, and activity is increasing…

Geothermal Energy: A New Life for Old Offshore Oil Wells?

Feb 28, 2021

Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium. The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…

Baker Hughes, C3 AI to Provide Petronas with AI Solutions

Feb 19, 2021

Baker Hughes and C3 AI on Friday announced an artificial intelligence (AI) collaboration with the Malaysian oil and gas firm Petronas.Under the agreement, the two companies will deploy their joint BakerHughesC3.ai (BHC3) technology across Petronas' strategic digital transformation programs…

Vertical Axis Floating Wind Turbine Developer Granted Japanese patent

Feb 16, 2021

SeaTwirl, a Swedish company developing vertical-axis floating wind turbines, has said that it has been granted a patent by the Japanese Patent Office for its divisible wind turbine. According to the company, the patent protects a solution where…

Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO

Feb 10, 2021

Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil  in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds…

Green(er) Rigs: NOV, Kongsberg, COSL Team Up to Cut Offshore Drilling Emissions, Cost

Feb 03, 2021

Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…

Strohm to Deliver TCP Jumpers for Deepwater Project in Malaysia

Feb 02, 2021

Strohm, a company that manufactures Thermoplastic Composite Pipe (TCP), has secured a contract to deliver two gas lift jumpers for an offshore project in deepwater Sabah, Malaysia.'This is the second time the firm’s technology has become a permanent application in the region…

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