Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.
The purpose of Horizon56 is to develop and provide digital solutions and services to both oil and gas companies and drilling contractors, with a goal to branch out to adjacent markets outside the oil and gas sector.
Fugro has deployed two new autonomous environmental landers off the coast of Saudi Arabia to collect oceanographic data in deep and remote areas of the Red Sea.
A new hydrogen fuel cell unit developed by the RiverCell consortium has passed safety testing and will now look to be implemented into the German maritime sector.