Oil & gas news

The move will see the company provide an alternative solution for geothermal well enhancement.

The new system provides detailed performance and efficiency insights across industrial assets and realise energy savings of 10 – 15% and cut CO2 emissions.

Modus has developed the application of fully automated, low cost, carbon-zero inspection and maintenance services using subsea hybrid autonomous underwater vehicles (HAUVs) to map underwater topography and inspect pipelines, cabling and undersea structures.

Under the contract, Petrofac will provide onshore and offshore personnel and a range of technical support services. The five-year contract, which has an option to extend, starts in June.

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy.

Australia’s oil and gas industry recognises the issues confronting the east coast electricity market, and gas suppliers will continue to work constructively with regulators and governments.

Shortly after the Snøfonn North discovery near the Johan Castberg field in the Barents Sea, Equinor has made another oil and gas discovery in Skavl Stø, exploration well 7220/8-3.

A new centre for well control training has opened in North East England to train drilling personnel in the oil and gas industry.

The two companies’ new joint offering – a complete asset management services package – will support a leading global chemical manufacturer to ensure safe and ongoing operations at its plant in the north-east of England.

These new orders follow the successful integration of a Perry XLX delivered to Oceanica in 2020. This marked the first time Rio De Janeiro based company added a work-class ROV to its fleet in its 40-year history.