The world’s three biggest oilfield service providers are halting future work in Russia in response to President Vladimir Putin’s invasion of Ukraine, announcing their decisions separately and within 24 hours of each other.
Abu Dhabi National Oil Company (ADNOC) announced a series of framework agreement awards worth some $2 billion, as it embarks on a new drilling programme.
Delegates at an Energy Voice event Thursday afternoon heard how a range of technologies, from AI to smarter valves, are enabling the sector in its journey to net zero.
Subsea Integration Alliance, comprising Subsea 7 and OneSubsea, will provide engineering, procurement, construction, and installation (EPCI) of subsea pipelines and production systems for Woodside’s Scarborough project offshore north West Australia after announcing the deal.
A company led by the former subsea president of TechnipFMC has acquired the entire stake of the Fyne field in the UK North Sea, with plans to push ahead with development.
Decommissioning offers an “exciting” growth area for oil and gas at a time when much of the industry is in decline, according to a leading market analyst.
Fifteen digital technology companies have begun a 12 month programme working with major players from across the energy industry to drive culture change in one of the UK’s largest industrial sectors.