After a week that saw Norway announce a record number of oilfields in operation and support for the UN Climate Change Committee鈥檚 new report, there鈥檚 a paradoxical window of opportunity for offshore suppliers offering increments of 鈥済reen鈥 savings鈥
The use of drones to inspect offshore assets can drive up safety levels, increase operational time and reduce costs.In just a few short years, drone technology has 鈥渃ome a very, very long way,鈥 says Tyler Collins, VP of enterprise services at PrecisionHawk鈥
After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa鈥
Whatever the state of gas markets, new Norway operators keen on the commodity as cheap energy for millions of their citizens or as lynchpin of a new chemicals industry are pressing ahead taking organizational hiccups in-stride.That鈥檚 the case of Polish gas player鈥
Through artificial intelligence and machine learning, oil companies can monitor production stream quality in real time to optimize the value per barrel.鈥淭he industry is now recognizing the importance of product quality,鈥 says Paul Oates, US business development director for Validere鈥
The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country鈥檚 drive to launch viable upstream projects that would鈥
As war gives oil a jolt, BW 云顶赌场老虎机 鈥 which earned revenues of $870 million in 2018 鈥 is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half鈥
Last month we discussed the Toisa OCV fleet, and this week we shall focus on the offshore supply vessels (OSV). Within the Toisa fleet, OSVs made up circa 73% of the overall fleet size and generated more than $40 million during a two-year sell off鈥
As connectivity at offshore oil and gas facilities improves, one of the major hurdles for augmented reality technology is evaporating.Connectivity has, for years, been the primary challenge for uptake of certain remote-enabling technologies for use in testing鈥
Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU鈥
The reaction of the gut is unease to news reports ExxonMobil might be selling $4 billion in offshore assets to Norway鈥檚 Vår Energi (the former Eni Norge) and pulling out of the North Sea.More operator and supermajor consolidation away from an oil province sounds all bad鈥
The leadership at Danos believes technology will transform the oil industry. To thrive in the midst of that change, Louisiana-based Danos is actively focused on how to use technology to help customers work more efficiently and cost-effectively鈥
Africa-focused oil and gas exploration, development and production company LEKOIL announced progress in one of its Nigerian projects months after a temporary setback in its asset acquisition spree in the West African country.The company said鈥
Fred. Olsen has been working on a wave energy design called BOLT. It鈥檚 based on a floating platform attached to the seabed via moorings that are in turn attached to a specialized winch line product, which wind in and out of winches (one to three鈥
Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular鈥
