Browse the latest offshore & subsea news and articles.
Oil and gas companies in the UK, Canada and Australia are failing to fully disclose the costs of decommissioning their fossil-fuel-related infrastructure, leaving investors with incomplete and non-comparable information.
Water will be injected to displace additional oil in the reservoir formation which supplies production to Shell’s Ursa platform in the Mars Corridor.
The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.
The deal marks the fourth large-scale multi-gas monitor changeout delivered by Dräger for same client.
Watson Farley & Williams advised Borr Drilling Limited on the acquisition.
bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.
The 4300 km2 high-end data set will bring valuable insight into under-explored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields.
A Qatar-based oil and gas operator has engaged technology company Vissim to deliver a vessel collision avoidance system using Vissim’s software, thereby enhancing maritime awareness and safety at an undisclosed oil field offshore Qatar.
Aker BP and operator Equinor have made a significant gas and condensate discovery in the Lofn and Langemann wells in the Sleipner area of the North Sea. Gross recoverable volumes are estimated at 30 to 110 million boe.
These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.
Uncrewed technology collaboration in US Gulf of Mexico, from Sonardyne and SeaTrac Systems.
New US$27 million EPCI contract with Equinor in the Norwegian North Sea.