The FINANCIAL — Statoil and its partners this week put the first subsea gas compression facility on line at Åsgard in the Norwegian Sea. Subsea compression will add some 306 million barrels of oil ...

The FINANCIAL — Statoil with partners Petoro and OMV have started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field. The unique technology will increase recovery by ...

At-a-Glance: Subsea engineering is shifting to all-electric, modular “subsea processing” with autonomous inspection, advanced materials, and digital twins—enabling longer step-outs, fewer ...

Aker Solutions is developing subsea technology that the company says will decarbonise natural gas used to produce reliable and affordable power. The magic behind the Zeus project — for "zero-emissions ...

While it may go by a variety of names, the concept of the “subsea factory” is now a widely accepted goal across the industry, as the drive to relocate offshore processing operations from platform to ...