Aker Solutions has developed a modified workover system that enables faster and more cost-effective planned interventions, the company said on June 15. The concept will first be applied to Equinor’s Visund field in the North Sea.
Fairfield Geotechnologies and DUG Technology have signed a comprehensive strategic agreement on June 18 that includes the reprocessing and imaging of over 5,000 sq miles of multiclient seismic data.
The project aims at building infrastructure and capabilities that will enable CO2 captured in onshore facilities to be transported offshore for injection and storage beneath the seabed.
When the oil and gas industry is faced with a collective crisis, demand for new solutions and ways of working increase as challenges are grappled with. Crisis is the mother of invention, after all.
Deep Down Inc., a specialist in subsea oil and gas production control equipment and services, has received material orders from two customers totaling approximately $2 million on June 9.
Forum Energy Technologies said June 8 that Wuxi Haiying-Cal Tec Marine Technology Co. Ltd. will represent Forum for the sale of the company’s extensive range of remotely operated vehicles in China, including its recently launched XLe Spirit electric ROV.
Aker BP will be the first user of the new technology Optime Subsea has developed that removes umbilical controlled tubing hanger operations, the company said on May 29.
Petrofac’s engineering and production services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq crude oil export expansion project (ICOEEP) on May 28.
The company said it planned to lay off the workers, both contractors and permanent employees, by the end of second-quarter 2021.
Saipem has been collaborating with Norway’s Equinor for over a decade backed by frame agreements, namely those regarding transportation and installation as well as subsea construction works.