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Harnessing the Power of APM 4.0

Jan 02, 2024

Ryan Conger, Technical Sales Manager for APM at ABB Energy Industries, explains how reactive asset performance management (APM) has evolved into APM 4.0, and why partnering with a trusted technology provider can help oil and gas operators avoid costly downtime and maximize profitability…

CO2 Capture Technology Ready for New Offshore Frontiers

Jan 02, 2024

If the industry has been capturing CO2 for decades, why all the innovation now?CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery…

Baron Oil Inks Farm-Up Deal for Timor-Leste Development

Dec 27, 2023

UK oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of 15% working interest in the Chuditch production sharing contract offshore Timor-Leste.Baron's wholly-owned subsidiary SundaGas Banda Unipessoal entered the MoU with Timor Gap…

O&G Industry: 30% of Risks in the Construction of Ships Can be Avoided

Dec 14, 2023

If there is anything that offshore ships, e.g. for the oil and gas industry have in common, it is the complexity. Think about an offshore support vessel, a platform supply vessel and a rig support vessel - all complex ships and often one offs…

Three Winners for Japan's 2nd Offshore Wind Power Tender

Dec 13, 2023

Japan's industry and land ministries on Wednesday picked three consortia, including one featuring Germany's RWE and its partners, to operate offshore wind farms in the second round of a public auction. They said they would award a fourth wind farm that was part of the tender at a later date…

Dutch CO₂ Storage Project L10CCS Reaches FEED Phase

Dec 13, 2023

L10CCS, one of the large stores to be connected to the Aramis CO₂ transport and storage initiative in the Dutch part of the North Sea, has entered the next phase in the project, Front End Engineering Design (FEED).Neptune Energy and its partners EBN…

Back to School: Virtual Field Trip for 27,000 Students onboard Saipem 7000

Dec 12, 2023

As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment…

Japan's Kansai Joins Floating Offshore Wind Project in Norway

Dec 07, 2023

Galileo and Odfjell Oceanwind are collaborating with Vår Energi on a floating offshore wind project at the Goliat platform outside Hammerfest in Norway. The partnership has been strengthened with The Kansai Electric Power Company Inc., a Japanese utility company…

Seatools Completes FAT for DEME's Fall Pipe ROV

Dec 05, 2023

Seatools completed Factory Acceptance Tests (FAT) for a Fall Pipe ROV developed for DEME, to be deployed on DEME's upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first half of 2024.The new Fall Pipe ROV introduces several unique features…

MODEC Teams Up with Terra Drone for FPSO Inspections

Nov 21, 2023

FPSO leasing specialist firm MODEC and drone firm Terra Drone have signed a Memorandum of Understanding for the technical development of inspection drones for floating production, storage, and offloading systems.'MODEC's FPSOs ensure their integrity…

Tekmar Group to Provide Equipment for Middle East Subsea Project

Nov 16, 2023

Tekmar Group said Thursday it had secured a £2.5 million contract to provide equipment for a subsea project in the Middle East.'The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules…

ABS Approves New FPSO Newbuild Hull Design Concept

Nov 08, 2023

Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…

Mega AUV HUGIN Endurance Passes Sea Trials

Oct 26, 2023

Kongsberg Discovery started sea trials with its new long-range Autonomous Underwater Vehicle (AUV), HUGIN Endurance.Launched in 2021, HUGIN Endurance measures nearly 11m long with a 1.2m diameter, weighing around 8,000 kg. This mega AUV is rated to a depth of 6…

ADNOC, AIQ, and SLB Launch AI Solution for Field Development, Reservoir Analysis

Oct 26, 2023

ADNOC, AIQ, and SLB said Wednesday they had launched a new AI-driven solution for reservoir analysis and field development, enabling the acceleration of the digital transformation of the energy sector. According to the trio, the Advanced Reservoir…

Connecting the Dots: From Remote Operations to Full Autonomy

Oct 11, 2023

Realizing the full value of digital solutions far exceeds the capability of technology. The technology exists today to help offshore energy and maritime operators radically improve efficiency and cut costs in equal measure. The real trick to…

Current News

Indonesia to Ask Mubadala to Speed Up South Andaman Gas Development

Indonesia to Ask Mubadala to Speed Up South Andaman Gas Development

Interview: Caroline Yang, CEO, Hong Lam Marine & President, SSA

Interview: Caroline Yang, CEO, Hong Lam Marine & President, SSA

Indonesia Offers Five Oil and Gas Blocks, Pledges to Boost Exploration

Indonesia Offers Five Oil and Gas Blocks, Pledges to Boost Exploration

ADES Holding Signs $94M Jack-Up Rig Deal with PTTEP

ADES Holding Signs $94M Jack-Up Rig Deal with PTTEP

Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea

Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea

Mubadala Energy Makes Second Major Gas Discovery in Indonesia

Mubadala Energy Makes Second Major Gas Discovery in Indonesia

Subsea7, OneSubsea to Install Türkiye’s First FPU in Black Sea

Subsea7, OneSubsea to Install Türkiye’s First FPU in Black Sea

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