Six years ago, Equinor began a journey towards the creation of standardised docking infrastructure for subsea drones, a new class of vehicle with the potential to revolutionise robotic support in the oil & gas and maritime renewables sectors worldwide.
The world’s top market for subsea tie-backs will take an inflation-driven cost increase of £4.8billion on upcoming contract awards through to 2026.
Cyprus has awarded Block 5 in the island’s offshore to ExxonMobil and QatarEnergy (QE), as drill plans for Block 10 move ahead.
Ocean Infinity has bought Red Rock, a technology company that supports autonomous port operations.
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
Leif Höegh & Co. (LHC) in a joint venture with Morgan Stanley Infrastructure Partners have made a 23.5 krone ($2.73) per share offer for Höegh LNG Holdings.
The Tawke licence in Kurdistan produced 110,300 barrels per day in 2020, DNO has reported, down from 124,000 bpd in 2019.
Turkey has increased the amount of gas it believes to lie in the Tuna discovery by 85 billion cubic metres.