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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem. -
Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets.
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The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
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The Robotic Supervision System project is expected to bring autonomous cooperation a step closer for oil and gas operators.
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Ocean services provider DeepOcean has mobilized its first autonomous inspection drone and plans to conduct offshore trials for an operator on the Norwegian continental shelf.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
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Offshore work related to the contract is slated to begin in 2024.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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While the industry is adopting the technology, one expert highlights areas where the oil and gas sector could speed up the adoption of artificial intelligence.
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Controversial metals-rich nodules sitting on the seafloor could hold the key to increased battery production needed to support the energy transition.
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The upstream oil and gas industry continues to drive innovation in its quest to solve the monumental challenge of supplying energy to the world in an affordable, secure, and sustainable way.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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