Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for seismic interpretation, subsurface characterization, and modeling. Leveraging its experience in hydr
Reach Subsea has sea-launched the first unit of its Reach Remote fleet of uncrewed 24-meter surface vessels (USVs), which will, as the Norwegian company says, “revolutionize offshore subsea operations, aligning with sustainability initiatives”. The first Reach Remote unit was sea-launched on Monday,
Australian energy giant Woodside has completed the sale of a 10% non-operating interest in the Scarborough Joint Venture, comprising the Scarborough gas field and associated offshore and subsea infrastructure, to LJ Scarborough, a subsidiary of LNG Japan, which is a joint venture between Sumitomo Co
The rift between the current energy landscape and greener desires continues to expand, putting global net zero targets in peril.
Ørsted was selected by the U.S. DOE to receive up to $100 million in federal funding to construct its e-methanol facility in Texas.
Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and
QatarEnergy has signed multi-year time-charter party agreements with Nakilat for operating 25 LNG vessels as part of its historic extension.
Energean is looking forward to receiving a 30-year production license soon for an area where a string of gas discoveries was made in 2022.
Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola
Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with
Vaalco Energy has received the seal of approval from the government of Equatorial Guinea for the joint operating agreement (JOA).
Noble Corporation has embarked on the fleetwide rollout of a digital emission-monitoring solution, which has now been fitted on 29 rigs.
ExxonMobil and JERA signed a project framework agreement to explore the development of a low-carbon hydrogen and ammonia production.
Petronas has booked three jack-up rigs from Velesto, a compatriot rig owner, for more drilling operations off the coast of Malaysia.
