Aker BP ASA, operator of production licence 685, has concluded the drilling of wildcat well 35/4-3. The well was drilled about 20 kilometres southeast of the Knarr field in the North Sea, and 100 kilometres west of Florø. The objective of the well was to prove petroleum in Early Jurassic rocks in the Cook Formation. […]

Maritime Developments (Ltd) has designed a bespoke solution for the transpooling and storage of Magma’s unique Thermoplastic Composite Pipe (TCP) – the m-pipe. The solution consisted of a custom-designed pallet to maintain m-pipe’s MBR (maximum bend radius), with a height to suit a 2x product packing arrangement. The pallet height and outer flange diameter had […]

As part of its commitment to empowering more Nigerians, stimulating economic activities, and widening the broadband envelope in Africa with affordable broadband connectivity, West Africa’s pioneer solar-based internet service provider, Tizeti, has partnered with Microsoft Corp. to roll out high-speed Airband internet infrastructure in Oyo State. With forty percent broadband penetration in December 2021, millions […]

bp ventures has made a £3 million equity investment in Flylogix – a pioneering unmanned aerial vehicle (UAV) business that uses drones to aid methane detection Flylogix leverages unmanned drones to measure methane offshore Investment will spur crossover into renewables industry and entry to new geographies Technology plays critical role in helping bp to reduce its operational […]

MTN a Nigerian number one telecom giant has been awarded a 5G license in Africa’s most populous country, paving the way for the continent’s largest wireless carrier to supply faster internet to consumers and businesses. MTN Nigeria Communications PLCwon one of the two licenses offered at the auction conduction event, according to the Nigerian Communications […]

CGG a global geoscience technology leader providing a comprehensive range of data, products, services and solutions has released a new GeoVerse™ Carbon Storage screening study to support CCUS operators in quickly identifying suitable CO2 storage sites. This Northern North Sea study, available for license, provides an in-depth review of potential CO2 storage plays in a region extending over […]

TechnipFMC has become a shareholder in the Scottish-based floating tidal turbine technology firm Orbital Marine Power. The investment and partnership aim to accelerate the commercialisation of Orbital’s technology and deliver the first commercial scale floating tidal field. Orbital has developed the world’s most powerful tidal turbine to date, with the capacity to meet the annual […]

California-based Viasat is acquiring London-based Inmarsat in a transaction valued at $7.3bn, comprised of $850m in cash, approximately 46.36m shares of Viasat common stock valued at $3.1bn based on the closing price on Friday November 5, 2021, and the assumption of $3.4bn of net debt. The combined company intends to integrate the spectrum, satellite and […]

As a sustainable alternative, an all-electric dredger has been delivered to Egypt. Ready to be plugged into the local grid, this development shows that zero-emission dredging is possible. At plenty of locations – especially near hydropower dams and urbanised areas – dredgers can be powered from the grid. These dredgers do not need diesel engines […]

Dietsmann Smart Labs, French-based ‘New Tech’ branch of energy industry veteran Dietsmann, has selected Norwegian Data Analytics specialist Arundo as its partner for a breakthrough development in the Predictive Maintenance of industrial plant. Dietsmann operates and maintains Oil & Gas and Power plants for major national and international energy companies in over 20 countries. The company […]