Machine learning is a rapidly growing field in the oil and gas industry. It can be used to analyze seismic data, well logs, and other geologic data to identify potential oil and gas reservoirs.

During a capacity test at Johan Sverdrup, the field reached a record-high production level of 755,000 barrels of oil per day.

Aker Solutions has been awarded a sizeable⁽¹⁾ contract from ExxonMobil’s Guyana affiliate to provide dynamic and static subsea umbilical for the Uaru project offshore Guyana.

Wintershall Dea is calling for the production of low-carbon hydrogen from Norwegian natural gas in Germany. “The North Sea can be the energy hub of the future to help us master the balancing act between security of supply and climate neutrality,” says Wintershall Dea CEO Mario Mehren on the sidelines of a meeting with companies and politicians from Norway and Germany held on May 9, in Berlin, which Wintershall Dea also attended.

Aquaterra Energy, a leader in global offshore engineering solutions, has secured a multi-million subsea riser contract through a competitive tender with bp for a subsea well development project located in Trinidad and Tobago. Aquaterra Energy will provide a complete end-to-end managed service as a fully independent riser system and connector OEM.

Neptune Energy has announced the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf.

TechnipFMC (NYSE: FTI) has been awarded a significant⁽¹⁾ contract by Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf.

Technip Energies announces that a joint venture (T.ENCCC JV), led by Technip Energies (T.EN) in partnership with Consolidated Contractors Company (CCC), has won a major¹ Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore facilities of the North Field South Project (NFS).

Independent integrated solutions provider IKM Testing UK has secured a second contract with Bumi Armada to deliver a drone-based methane emissions survey on the Kraken Floating Production Storage and Offloading (FPSO) vessel in the North Sea.

Energy services provider Expro, has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.

Saipem has been awarded two new offshore contracts, one for Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea and one for decommissioning activities in the North Sea. The overall value of the contracts amounts to approximately 850 million USD.

The National Ocean Industries Association (NOIA) released a comprehensive study on global oil production emissions completed by ICF, the GHG Emission Intensity of Crude Oil and Condensate Production.

Trendsetter Engineering Inc. has been awarded a contract to provide Esso Exploration and Production Guyana Limited (“ExxonMobil Guyana”) with an order of TC11 Connection Systems. ExxonMobil Guyana plans to use Trendsetter’s innovative clamp connectors on their Gas-to-Energy project in Guyana.

Subsea7 S.A. has confirmed the award of a major¹ contract by Turkish Petroleum for the second phase of the Sakarya field development offshore Türkiye in the Black Sea.

Tenaris has been awarded a multi-year contract from Neptune Energy for the supply of OCTG and services for its drilling projects on the Norwegian Continental Shelf.

TotalEnergies and its partners, have signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.