offshore
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Today's high oil prices have not removed the memories of some top upstream executives about how swiftly boom-and-bust cycles can move, nor have they eroded their mission to lower carbon footprints.
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Verlume and consortium partners are working to advance the development of a robotic fish designed for efficient offshore inspection.
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The deal enhances the contractor’s presence in West Africa and provides for expansion in Southeast Asia.
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Offshore driller has almost a half billion in cash and a contract backlog of $2.2 billion.
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Two cruises were completed for DenAr Ocean Engineering for the TPAO Sakarya gasfield pipeline route investigation and site survey project.
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The study assessed the CO2 footprint and NO2 emissions for different drill-cuttings treatment alternatives. The values were then used to create an emissions calculator that can be applied to projects to clarify the actual potential for emissions reduction within the drilling-waste-management process.
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Drilling is set to take place near the location where the Toyko-based energy company said it encountered a gas reservoir in a 2016 project.
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QatarEnergy expands business in Brazil with $1.3 billion co-bid for the rights to Sepia field.
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Union of rival contract drillers will create one of the largest offshore rig companies.
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The difficulty in selling a chemical to aid subsea pipeline flow has been delivering it to the wells.