Andium said in a statement that the new financing round will allow the company to further drive product growth, support strategic investment in talent, and enable it to accelerate the deployment of its proprietary video solutions product lines for flare monitoring, tank telemetry, and object detection. 

The contract, which began this month with a development drilling campaign at the Jubilee field offshore Ghana, has a progressive day rate structure for the full duration along with certain provisions that permit a shift to a market-linked day rate structure after an 18-month period.

DNV has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of carbon capture and storage (CCS) projects. This follows the outcome of a JIP with Energy Pipelines CRC focused on CO2 emissions.

The company said in a statement that the release of the reports demonstrate its efforts "to remain at the forefront of the drive for greater corporate transparency around activities that are important to investors, governments and civil society."

The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optime’s technologies as a service across its global portfolio.

The contract, which is expected to commence in December 2021 with an estimated duration of 150 days, includes five additional one-well options for work offshore Malaysia, the Philippines and Brunei Darussalam. Firm contract value is $34 million.

A series of pre-agreed tests were successfully performed on Weatherford's test rig in Houston to witness and verify the integration and functionality of both systems. The rig trial is part of an agreement signed by Weatherford and Safe Influx in September 2020.

The Maersk Venturer drillship, which has been contracted for four years, is expected to drill four wells in total in 2021, consisting of two Jubilee production wells, one Jubilee water injector well and one TEN gas injector well.

CNOOC Well Control Center (CWCC) will invest £1.1 million in state-of-the-art simulator technology to support the oil and gas industry in China, 3t-China announced CWCC has developed new classrooms and installed several MultiSIMs,

Infostat Systems has announced that the newest release of the widely used RIMDrill rig reporting and business analysis system will include the new IADC DDR Plus version of the venerable IADC report.