The Bureau of Safety and Environmental Enforcement (BSEE) has hired the Louisiana-based Chet Morrison Contractors, known as Morrison Energy, on a five-year on-site pipeline decommissioning assignment partially funded by a $4.7 billion investment for orphaned oil and gas well cleanups, called the Bip
UK-based tidal energy company Proteus Marine Renewables (PMR) has had its cost reduction projections validated with the European Investment Bank (EIB), confirming that the levelized cost of energy (LCoE) reduction forecasts for its AR3000 tidal energy system are achievable. The independent report,
The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside and Merseyside. According to the UK government, this move will propel the UK towards becoming a gl
Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has secured an assignment for three anchor handling tug supply (AHTS) vessels offshore Australia.
Eni has secured the UK government’s funding for a carbon dioxide (CO2) transport and storage project in North-West England and North Wales, which will see the firm reuse existing pipelines and platforms to transport and store CO2 from a carbon capture and storage (CCS) industrial cluster.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has revealed the decision to merge three group subsidiaries responsible for maritime technology and engineering to form a technical hub that will aid the maritime industry on the decarbonization path. Namely, MOL Marine & Engineering (MOLMEC), MOL Oc
TGS has assisted in enabling Petronas, a Malaysian state-owned energy giant, to uncover a new oil and gas discovery. The company also wrapped up its assignment to advance exploration efforts in the Norwegian Sea. In addition, TGS has landed a new deal in the Southern Atlantic.
The U.S.-listed Greek dry cargo vessel owner and operator Navios Maritime Partners has placed an order for two methanol-ready 7,900 TEU containerships at a South Korean shipyard. The vessels, which will be built by HJ Shipbuilding & Construction (HJSC), cost the company approximately $106 million ea
Koil Energy Solutions, formerly known as Deep Down, has landed a new deal it deems to be significant, which will enable it to provide maintenance services at an undisclosed oil and gas platform.
Canadian pipeline and energy company Enbridge has secured a deal with the UK-based energy giant BP to construct and operate crude oil and natural gas pipelines for the oil major’s recently sanctioned deepwater development in the U.S. Gulf of Mexico. The pipeline system duo is expected to be operatio
Petrobras has confirmed that the two discoveries in the Guajira Offshore Basin have raised the gas potential in the basin off the coast of Colombia to approximately 6 trillion cubic feet (tcf).
SLB has joined forces with Velesto Drilling, a subsidiary of Malaysia-based Velesto Energy, to take rig capabilities to a new level by employing digital tools to enhance drilling performance.
Italy’s energy giant Eni has published its first report dealing with methane emissions aiming to reaffirm its promise to reduce methane slip and increase transparency.
Yinson Production has tucked a new milestone under its belt for floating, production, storage, and offloading (FPSO) vessel, which is destined to work off the coast of Angola for Angola-headquartered Azule Energy, a joint venture between BP and Eni.
