Well construction and intervention solutions company Reelwell has secured a strategic equity investment by drilling and well services provider Odfjell Technology, which will buy 10% stake for $3.8 million.The investment from Odfjell Technology…
MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project…
Digital shale shaker surveillance technology DrillDocs, working with Aker BP, has employed its AI-enabled computer vision technology to automatically detect cavings on the Norwegian continental shelf (NCS) for the first time.DrillDocs’ CleanSight…
Reelwell, with Odfjell Technology as strategic partner, has secured a multi-year contract with Vår Energi for the provision of its DualLink-powered digital drill pipe technology.As part of the agreement, Reelwell’s DualLink technology will be…
Daphne Technology, in partnership with Williams, announced the award of a grant worth nearly $6M from the U.S. Department of Energy's (DOE) Methane Emissions Reduction Program (MERP).This project, titled the 'Daphne and Williams Methane Slip Abatement Plasma-Catalyst Scale-Up'…
Kongsberg Discovery has reached agreement to acquire Naxys Technologies, a Bergen-based subsea company that specializes in technology for recognizing the sound of oil and gas leaks.Martin Wien Fjell, CEO of Kongsberg Discovery, points to the…
Seatrium has signed a contract with BP to perform engineering, procurement, construction and onshore commissioning (EPC) work for the Kaskida Floating Production Unit (FPU) in the U.S. Gulf of Mexico.The Kaskida project is a greenfield development…
Saipem and TechnipFMC, under two separate contracts, have secured notices to proceed with the development of Northern Endurance Partnership (NEP) carbon capture and storage (CCS) projects in the U.K.Saipem secured final award for the two projects…
The U.S. Department of Energy has made its largest ever investment in marine energy, making $112.5 million available for the commercialization of wave energy technologies.This five-year investment is expected to significantly accelerate the design…
Deepsea Technologies Inc. announced it was recently awarded a contract to supply subsea distribution equipment for an independent operator in the Gulf of Mexico.Deepsea Technologies said it will supply subsea distribution equipment including multiple subsea umbilical termination assemblies…
Italian offshore energy services firm Saipem has secured DNV’s Statement of Qualified Technology for pipeline technology developed by United Pipeline Systems, which was upgraded for offshore and subsea use.The technology was initially developed…
SLB and Aker Carbon Capture (ACC) have launched a joint venture, set up to enable wider adoption of market-ready and new carbon capture and storage (CCS) technologies for power and hard-to-abate industrial sectors worldwideThe new company combines technology portfolios…
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, increasing its market share in the Asia Pacific region.The company has won two contracts…
Bureau Veritas has issued the world’s first prototype certification for a floating offshore solar technology to the Dutch-Norwegian renewable energy company SolarDuck for its 0.5 MW pilot platform Merganser.The certification represents a significant…
Odfjell Technology has secured a contract from OSM Thome to provide upgrade and modification services on the Heidrun B Floating Storage Unit (FSU), owned by Equinor and partners.Under the contract, Odfjell Technology will provide engineering…
