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The agreement, signed at the St. Petersburg International Gas Forum, documents the intention of both parties to work together in jointly determining applications and solutions that can benefit from the introduction of new technologies for oilfield services.
The output of the UK’s gas fields in the North Sea and Irish Sea is falling, partly because, according to OGUK, too few new fields have been developed.
The new contracts are worth a total of US$70 million.
ExxonMobil has signed an Expression of Interest to capture, transport and store CO2 from its Fife Ethylene Plant.
Mammoet has carried out the load-out of the Garagol Deniz Drilling Platform A's topside.
The theme of ‘Climate Change’ was mentioned over 210 000 times in GlobalData’s Filing Analytics database of global O&G company filings in 2020 and 2021 combined – a 41% increase from the 2018-2019 period.
Nexans will use its new cable-laying vessel, the Aurora, to install the cables.
The extensive modification and life extension work on the Aframax tanker will include the provision of a new hull coating, designed to make the FSO’s performance reliable for uninterrupted service for the next 20 years for offshore operation.
Ocean Geo Solutions’ current workforce, including geophysicists, cartographers and support staff will continue to operate out of its Houston office.
The new company will be known as HMH, and Baker Hughes and Akastor will own equal equity.
Shell's remaining assets in the Mars corridor in the Gulf of Mexico, Mars and Ursa, remain shut in.
Petrobras' share of production from the fields in the first half of 2021 was 11.3 thousand boe/d.