NearZero FPSO design from SBM Offshore gets approval from ABS
ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.
The latest upstream news
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This spotlight session reviews and discusses Nanoprecise’s recent article for Oilfield Technology, entitled ‘Powering Oil and Gas Operations with AI’
EIA: well completions per location more than double in Lower 48 US states as technology advances
The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.
Viridien announces sale of Sercel Marlin Offshore Logistics solution to ONGC
The sale includes a five-year contract to provide ONGC with dedicated on-premises Sercel software and support services.
Wood boosts North Sea operations with triple extension awards
Wood has announced a trio of reimbursable contract extensions worth US$118 million to continue to deliver operations and maintenance solutions for Shell UK, Dana Petroleum and CNOOC International’s UK business.
Upcoming oil events
29th World Gas Conference (WGC2025)
19 May 2025 - 23 May 2025
China National Convention Center (CNCC II),
No.7 Tianchen East Road,
Chaoyang District,
Beijing,
100107,
China
AIEN International Energy Summit
10 Jun 2025 - 13 Jun 2025
Shangri-La Bosphorus
Sinanpasa Mah, Hayrettin Iskelesi Sok, No.1, Besiktas,
Istanbul,
34353,
Turkey
Flow remediation in subsea environments
Leonard Hamill, Operations Director, Pipetech, discusses the issues facing downhole wells in deepwater environments and how the development of new technologies can address these issues.
Shell reportedly eyes BP acquisition
A merger could strengthen Shell's global energy market standing, challenging Exxon and Chevron in the US.
ABS and Akselos deepen collaboration with joint completion of technical assessment for structural digital twin technology
ABS, a provider of classification services for marine and offshore assets, and Akselos S.A., a provider of structural performance management software, have announced a deepening of their cooperation with the joint completion of technical assessment for structural digital twin technology.
SLB OneSubsea and Subsea7 awarded EPCI contract for bp's Ginger Project
SLB has announced the award by bp of a substantial EPCI contract for the Ginger project offshore Trinidad and Tobago.
Valaris announces sale of jackup to BW Energy for US$108 million
Valaris Limited has announced that it has agreed to sell a jackup rig to BW Energy (BWE) for cash proceeds of approximately US$108 million.
3t Drilling Systems secures partnership with IADC
3t Drilling Systems signs long-term contract to redesign and develop IADC’s accredited online learning platform, KREW.