Oil & Gas News

Aker Solutions has developed a modified workover system that enables faster and more cost-effective planned interventions. The concept will first be applied on Equinor’s Visund field in the North Sea.

Fugro has won a 3-year inspection, repair and maintenance (IRM) contract with SEAMEC LIMITED (Seamec) to support their asset management project for ONGC off the west coast of India. Fugro will provide Seamec with work class remotely operated vehicle (ROV) services for 3 years from mid-June, with the option of a 2-year extension.

A revival in manufacturing across the world holds the key to the mid-term recovery of oil and gas markets, with consumer demand likely to lag as the energy industry begins to recover from the twin shock of the COVID-19 crisis and the resulting demand crash.

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