Product News

  • Danfoss launches antistatic hoses for oil and gas transfer

    PRODUCT NEWS

    Danfoss launches antistatic hoses for oil and gas transfer

    Danfoss Power Solutions has unveiled its latest innovation, the Boston by Danfoss EHP530 and EHP531 antistatic hoses. Specifically designed for oil, fuel, and gas transfer applications, these hoses are set t... more

  • SLB and Subsea7 secure contract for Bestla project in the North Sea

    PRODUCT NEWS

    SLB and Subsea7 secure contract for Bestla project in Norway

    SLB (NYSE: SLB) and Subsea7 have announced a significant contract award from OKEA to develop the Bestla Project in the North Sea, offshore Norway. The integrated engineering, procurement, construction, and i... more

  • Kemppi unveils revolutionary welding machine with built-in cleaning

    PRODUCT NEWS

    Kemppi unveils revolutionary welding machine with built-in cleaning

    Kemppi, an international welding equipment manufacturer, has unveiled a groundbreaking machine that combines high-quality ACDC TIG welding with professional weld cleaning capability, setting a new industry stan... more

  • Joint venture to revolutionise marginal fields development in West Africa

    PRODUCT NEWS

    Joint venture to revolutionise marginal fields development in West Africa

    Amplus VGE, a joint venture between UK-based Amplus Energy and Nigeria's Versatile Group (VG Energy), supported by Norway's Carbon Circle, is set to transform the development of marginal fields in West Africa. ... more

  • Queensland Pacific Metals receives $3m grant for Frontier Gas Exploration
    13 May, 2024
  • Oil production starts at Argos platform in the Gulf of Mexico
    14 Apr, 2023
  • Woodside driving forward renewable hydrogen in Tasmania
    12 Nov, 2021
  • Equinor signs contracts for Northern Lights project
    21 Oct, 2020
Welltec technology to drive oil & gas industry toward methane emission targets

Welltec technology to help reduce methane emissions

The launch at COP28 of the landmark Oil and Gas Decarbonisation Charter (OGDC), a global industry initiative dedicated to speeding up climate action and achieving high-scale impact across the oil and gas sectors, firmly put the spotlight on the millions of tonnes of methane (CH4) pumped into the atmosphere by oil and gas operations. To date, 50 companies, representing more than 40 per cent of global oil production, have signed on to the OGDC, with National Oil Companies (NOC) representing over 60 per cent of signatories — the largest-ever number of NOCs to commit to a decarbonisation initiative. The char... more
SLB to digitalise carbon capture and storage value chain

SLB to digitalise carbon capture and storage value chain

SLB and Northern Lights Joint Venture (NL) announced today they have signed a memorandum of understanding (MoU) with Microsoft to optimise integrated cloud-based workflows for the operation of Northern Lights, one of the first CO2 transport and storage providers for cross-border carbon capture and storage (CCS). The collaboration will contribute to the development of scalable and cost-efficient digital solutions for the emerging CCS industry. “Digital workflows are a key component to successfully managing CO2 through the end-to-end value chain, from capture point to permanent storage. "Northern Lights... more

Propelling Fugro’s asset inspection solutions forward with UAV technology

Fugro’s proven expertise lies in acquiring, analysing, and presenting physical data for sites and assets; we transform geo-data into actionable insights. Uncrewed aerial vehicles (UAVs), or drones, are remotely piloted aircraft equipped to carry sensors or other equipment for a variety of applications. As Fugro’s operations increasingly move towards remote and autonomous solutions, UAV technology is expanding our remote operations capability market offering. Fugro operates a fleet of modern UAVs with state-of-the-art multi-sensor options which allow rapid deployment to site. Fast capture of multiple da... more

KSAT delivers independent satellite monitoring for operators

Kongsberg Satellite Services (KSAT) is the world’s leading supplier of ground network services connecting space and earth. This unique capacity enables KSAT to downlink and deliver Earth observation (EO) imagery from multiple sources and deliver derived services to their customers globally in near real time (NRT). KSAT’s heritage for over 25 years has focused on the maritime domain detecting vessels and oil spills on the water surface using primarily synthetic aperture radar (SAR) sensors in low Earth orbit. Delivering oil on water reports as rapidly as within 20 minutes of image downlink from the satell... more

The future of Australian oil and gas: ensuring integrity in ageing assets

Australia’s oil and gas industry has seen remarkable growth in recent decades. However, the continued decline of Australian petroleum production coincides with a lack of exploration and development offshore of Australia in recent years. As the sector matures, the focus is increasingly shifting towards the preservation and upkeep of ageing assets. The inspection and integrity of these assets have become crucial, as the consequences of failure can be devastating. This article delves into the importance of maintaining integrity in ageing oil and gas assets, identifies high-risk areas, and discusses the challe... more

Tamboran moves closer to meeting Australian and international LNG demand

Tamboran is focused on bringing its low carbon dioxide natural gas asset in the Northern Territory’s Beetaloo Basin to production through multiple commercialisation pathways. Tamboran’s Beetaloo strategy will be a phased development, with the aim of establishing first gas flows out of the basin and into local pipelines by the end of 2025. With a regulatory environment that requires operators to offset carbon, the Beetaloo has strong potential compared to other gas deposits in Australia due to its low carbon dioxide content. Late last year, Tamboran completed the acquisition of Origin Energy’s Beetalo... more

Navigating the Circular Economy of used Oil and Gas Equipment

How vendors can maximise returns by reusing, repurposing and recycling. Over the last decade, the oil and gas industry has emerged as a key player in the Australian remarketing space and is only expected to keep booming. Australia’s thriving circular economy surged during COVID-19 and has gone from strength to strength since 2020, as businesses realise the full value and potential of their equipment alongside the ethical benefits of participating in the used marketplace. A circular economy refers to a system of reusing, repurposing and recycling materials to minimise new production and to create sustaina... more