Offshore & subsea

First phase of new expansion to include proprietary torque tools and associated accessories to meet changing needs of the industry.

Petrobras sign an agreement with Porto do Açu (RJ) to support the sustainable decommissioning of oil platforms.

Saipem has been awarded two new contracts for offshore activities in Côte d’Ivoire and Italy for an overall amount of €850 million.

TWMA has launched RotoMill 2.0 wellsite processing solution technology which was unveiled at SPE Offshore Europe 2023.

Mike Tholen, OEUK Sustainability and Policy Director, said: “It is vital our North Sea reserves are produced as sustainably as possible, so we can continue to protect the nation’s energy security while reducing our carbon footprint and building the low carbon energies of the future.”

Halliburton Company has introduced a new data science-driven platform that helps operators design, build, and operate end-to-end electrical submersible pump (ESP) monitoring solutions.

The company has announced that its subsea robotics group is introducing a new uncrewed surface vessel (USV) service to support remote survey work scopes.

INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies.

According to Rystad Energy, Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production.

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022 as the industry continued its drive to reach net zero by 2050.

The Yggdrasil and Valhall PWP-Fenris offshore development project which are to be built on the Norwegian Continental Shelf has entered into the construction phase.

The agreement is a significant step forward in advancing exploration in the Lower Congo Basin.

Wintershall Dea and its partners Petoro and Sval Energi have successfully installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway.

The contract values are calculated at around US$369 million for both firm periods.

Wood and Harbour Energy, have entered into a new strategic partnership for UK North Sea operations agreeing a new master services agreement and contracts valued at around US$330 million