The US and Norway have agreed on further steps to increase the security of subsea infrastructure including better involvement of the private sector.The US and Nordic-Baltic countries, including Norway, have agreed to:•
Delayed Energy Transition Could Mean Higher Hydrocarbon Prices
As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand…
US Navy Divers Get Augmented Vision Display
The US Office of Naval Research’s (ONR) Warfighter Performance Department has developed a system which enables divers to better operate in inhospitable underwater environments.The Divers Augmented Vision Display (DAVD) was developed in
Oil Dips on Larger US Crude Draw, Russia Sanctions
Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U…
Nord Stream Methane Spread Below Surface for Several Months
Methane from the Nord Stream pipelines destroyed in September 2022 spread over a large part of the southern Baltic Sea and remained for several months, according to a new study by researchers
TVO Contracts 4C Global Consultancy to Support UK Clients
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston, through 4C Global Consultancy, to…
Protecting Employees in High-Risk Environments
For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s a legal requirement.This is especially true…
Kongsberg delivers first REACH REMOTE USV
A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime. This ground-breaking achievement marks a significant
Industry Award for Sustainable Drilling Waste Solution
Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement Awards.Shortlisted for the Sustainability Project Award…
Daphne Technology, Williams win DOE Grant for MERP Efforts
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)…
BP to slash over 5% of workforce
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant…
DeepSea Launches SmartSight MV100 Machine Vision Camera
DeepSea Power & Light has launched the first in its line of cameras for machine vision applications: the SmartSight™ MV100.The SmartSight MV100 leverages machine learning and AI to bring object recognition, navigation,
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