Oil & gas news

Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in 2H21 are located in shallow water, while ultra-deep water and deepwater acreage account for 24% and 19%, respectively, according to GlobalData.

C-Innovation, LLC has been awarded a multi-year contract for riserless light well intervention services with a major operator in the Gulf of Mexico.

Safety io, a software subsidiary of MSA – The Safety Company, has recently achieved ISO/IEC 27001:2013 certification for its information security management practices.

New Crew Hawk Analytics from Salunda Ltd provides faster, easier and more accurate decision-making capabilities in the offshore oil and gas sector, delivering enhanced levels of safety protection and management of people and assets in the drilling Red Zone.

Xodus has been awarded the conceptual engineering design contract for PETRONAS’ first complete carbon, capture and storage project, offshore Malaysia.

Caley Ocean Systems and IMES International have merged with Pryme Group to create a business with broad capabilities supplying products, services and solutions to the energy, defence and other industrial markets.

Upwing Energy will present a paper on high-speed magnetic technology solutions for downhole machinery at the 2021 Offshore Technology Conference.

Colombia needs to pursue a much more aggressive oil exploration strategy in order to avoid highly contested fracking activities or an increase in gas prices as a result of importing, according to GlobalData.

ASCO will be the sole provider of quayside management for all offshore activity via the Port of Dakar, for an initial term of three years.

A boosting system supplied by OneSubsea has enhanced production at the Equinor-operated Vigdis oilfield in the North Sea.