Baker Hughes and Repsol have signed a memorandum of understanding to develop and deploy artificial intelligence (AI) capabilities through the Leucipa automated field production software.
Saipem has started construction of the steel jacket for the Neptun Alpha gas platform for the Neptun Deep project in the Romanian sector of the Black Sea.
Shearwater Geoservices has secured work involving two towed streamer surveys in the Asia-Pacific region.
Carbon capture, utilization and storage (CCUS) developers continue to struggle with the economics of their planned projects, according to Wood Mackenzie.
INEOS Energy aims to increase gas flow from the Breagh field in the UK southern North Sea, after starting up an electrically driven compressor at the Teesside gas processing plant in northeast England.
Ørsted has tasked Fugro with conducting a 12-month floating lidar measurement for the Gippsland offshore wind farms off the south coast of Victoria, Australia.
North Star will help fast-track design and testing of a new service operations vessel concept for the floating offshore wind sector.
Energy Transition Outlook report projects that energy use will be split evenly between fossil fuels and renewables by 2050.
ExxonMobil has secured access to more than 271,000 acres in Texas state waters.
Santos and its partners in the Darwin LNG joint venture have completed new syndicated bank loan facilities totaling $800 million.
