Chevron has taken steps to raise the oil and natural gas recovery bar at two facilities in the deepwater U.S. Gulf of Mexico in line with its plans to increase production in this region.
Norway’s Kongsberg Discovery has completed a multi-week fully autonomous mission with its long-range autonomous underwater vehicle (AUV) HUGIN Endurance, said to have proven shore-to-shore operational capability. The mission, carried out at depths ranging from 50 to 3,400 meters and meeting the 1,20
Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.
Led by efforts to advance the integration of autonomous technologies in the maritime sector, classification society Lloyd’s Register (LR) and the Korea Research Institute of Ships & Ocean Engineering (KRISO) have entered a joint development program, focused on verifying and validating marine autonom
Spanish automated wind-assisted propulsion system specialist bound4blue has received full type approval design certificate (TADC) from classification society DNV for its eSAIL technology, anticipating a faster adoption process and further orders. The eSAIL, designed for both retrofits and newbuilds,
Houston-based marine robotics company Ocean Infinity has received DNV’s Statement of Compliance for the remotely supported operational concept for the Armada 78 fleet of offshore survey vessels. With this approval, Ocean Infinity said it had become the industry’s first organization to reach the requ
Santos has signed a new mid-term LNG supply contract with Glencore and hammered out a deal for the divestment of a partial stake in an offshore gas project with TIMOR GAP.
Norway-based energy storage company Corvus Energy has received type approval from the classification society DNV for its Corvus Pelican fuel cell system (FCS).
ADNOC and ExxonMobil have signed an agreement under which ADNOC will acquire a 35% equity stake in ExxonMobil’s low-carbon hydrogen and ammonia production facility in Baytown, Texas, U.S.
Noble Corporation and Diamond Offshore have reached a merger process finale and set the seal on their business combination sooner than anticipated.
Transocean has picked up a multimillion-dollar contract for one of its drillships off the coast of India.
The Norwegian Ministry of Energy has received applications from six companies for three CO2 storage areas on the Norwegian Continental Shelf (NCS) as part of the seventh call for CO2 storage in the area. Aker BP, Equinor Low Carbon Solutions, Harbour Energy Norge, Horisont Energi, Storegga Norge and
BP has sealed a deal to sell a package of four mature gas assets and undeveloped resources from one field to with Perenco.
Subsea infrastructure is critical to the energy security in Europe and with the world not looking so bright there is a real urgency to get something going to protect this infrastructure, but the solution is not easy to find, panelists said at a discussion on seabed security organized by IRO, the Ass
