Emerson has been awarded a $14 million contract to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea.
Maritime innovation project HySHIP has been granted €8 million (about $9.4 million) in EU funding as the Norwegian government announces a strengthened focus on the development and commercialization of hydrogen as a carbon-neutral fuel.
Australian gas producer and GLNG operator, Santos reported record production in the third quarter of 2020, edging up the sales revenue by 2 per cent.
MODEC has contracted GranEnergia for the provision of its semi-submersible UMS Venus to support its offshore maintenance campaigns in Brazil.
Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Rystad Energy.
Concerns over environmental implications have prompted the French government to step in and delay Engie’s LNG supply deal.
CNOOC Limited has started production from the Bozhong 19-6 condensate gas field pilot area development project located offshore China.
Australian energy giant Woodside reported a plunge in its third-quarter revenue due to lower realized LNG prices.
Helix Energy Solutions saw its profit and revenues drop in the third quarter of 2020 compared to the same period last year.
Australian energy major, Santos, has completed the final field trial for the Moomba carbon capture and storage (CCS) project.
Archer has secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services.
Fibre optic monitoring specialist Silixa has announced 2019 as a breakthrough year for the firm’s financial and strategic performance. Backed by Lime Rock Partners, Chevron Technology Ventures, and Equinor Ventures, the company’s global turnover grew by 96 per cent to £20.35 million. In the same per
American Bureau of Shipping (ABS) has approved Daewoo Shipbuilding & Marine Engineering’s FLNG hull design.
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search reported a drop in revenue in the third quarter of 2019.
