
Equinor and APT aim to cut downhole costs
The companies have joined forces in an R&D project that aims to replace costly downhole sampling and logging with more cost-efficient solutions.
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The companies have joined forces in an R&D project that aims to replace costly downhole sampling and logging with more cost-efficient solutions.

The three new discoveries offshore Guyana have increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion boe.

The combined entity will be well-positioned to capture opportunities arising from decarbonisation in the oil & gas sector.

Shell has published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022.

The Ministry of Petroleum and Energy (MPE) has extended the production licenses in the Greater Ekofisk Area from 2028 to 2048.

The hydraulic fluid is designed to meet the complex needs of the drilling industry quickly and efficiently.

After a delivery of Kongsberg Digital’s digital twin solution Kognitwin® on two assets, one of the world’s largest energy corporations are now expanding their contract, adding four more assets.

Are you a trailblazing business with a game changing idea? The Net Zero Technology Centre's 2022 Open Innovation Programme is now open, targeting and funding technologies to enable the energy transition.

At the end of March, Subsea 7 announced the successful reel-laying of the GluBi® project for the Hod oil field in the Norwegian sector of the North Sea.

The amount received at the closing adds to the amount of US$56 700 paid to Petrobras when the sale contracts were signed, totalling an amount of US$63 000.

TechnipFMC is the 2022 NOIA Safety in Seas Culture of Safety Award winner and Aker Solutions is recognised for the 2022 NOIA Safety in Seas Safety Practice award.

Global oil demand is expected to reduce as a result of slowing economic activity and GDP growth cuts.