BP has invested further in artificial intelligence (AI) technology as part of an effort to accelerate project lifecycles, from exploration through to reservoir modeling.The super major announced Monday that its technology investment arm BP Ventures…
Subsea equipment rental, sales and services provider Ashtead Technology announced it has entered into a global strategic partnership with 4Subsea.Under the deal, Ashtead said it will add 4Subsea’s sensors to its portfolio for inspection, maintenance…
Subsea equipment solutions specialist Ashtead Technology said it has bolstered its inspection, maintenance and repair (IMR) services and capabilities with the acquisition of Canadian-based underwater inspection company Welaptega.The transaction…
Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…
Independent provider of subsea equipment rental, sales and services to the offshore industry Ashtead Technology Limited announced Wednesday that it has secured a global master lease agreement with a wholly-owned subsidiary of global oilfield services provider…
Subsea equipment specialist Ashtead Technology said it has completed a subsea installation monitoring project for Subsea 7 in support of Equinor’s Utgard development, located in blocks 15/8 (NCS) and 16/18a (UKCS) of the central North Sea.The contract…
As the global fleet of offshore renewables fleet increases, ways to reduce the cost and increase the efficiency and safety of operations and maintenance work, using robotics and autonomous systems, will also grow. Elaine Maslin reports.Robotics…
UK-based subsea equipment firm Ashtead Technology deployed a new advanced subsea laser scanning technology on a project for Subsea 7 in the UK North Sea. Working on Chevron’s Captain field, Ashtead performed a well inspection using Newton…
Ashtead Technology and Forum Energy Technologies have agreed to form a joint venture, creating a new provider of subsea survey and ROV equipment rental and associated services. Forum will contribute its subsea rentals business, currently trading as Forum Subsea Rentals…
Global subsea equipment specialists Ashtead Technology has named Brett Lestrange as UK regional director. Brett Lestrange Source: Ashtead Lestrange, who has more than 25 years’ experience in the subsea industry…
EC-OG has successfully secured support from the Oil & Gas Technology Centre for significant technology FEED work. In conjunction with the Technology Centre, EC-OG is undertaking FEED work for a North Sea field trial focusing on the in place Subsea Power Hub (SPH) design…
Statoil’s technology research and development efforts will focus on developing technology to reduce carbon dioxide emissions (CO2) from oil and gas operations, as well as digital solutions, the company reported today (19 June). With ambitious goals both within climate and digitalization…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…
Ashtead Technology has expanded its equipment rental pool following a significant investment in the latest pulsed eddy current (PEC) technology to deliver asset integrity inspections. A provider of marine technology, non-destructive testing and subsea services…
ExxonMobil has developed cMIST, a technology which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This inline technology could be deployed at both…
