As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decisi
PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.
Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought.
To accelerate growth in the Middle East and enhance local industrial capabilities as part of its global strategy, China’s ZTT Submarine Cable & System is planning to set up a manufacturing facility in Saudi Arabia. By establishing manufacturing operations in Saudi Arabia, ZTT said it aims to directl
Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, e
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured multiple project awards in the Middle East that have a combined value of approximately $430 to $500 million. The awards cover the delivery of a comprehensive suite of services, in
Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.
The joint venture of National Grid Electricity Transmission and SSEN Transmission has selected Hitachi Energy as the preferred bidder to deliver high-voltage direct current (HVDC) converter stations in Scotland and England for the Eastern Green Link 3 (EGL3) project. Marked the biggest project in th
EnQuest has tucked a new decommissioning milestone under its belt in the UK sector of the North Sea, thanks to the assistance received from a heavy lift vessel owned by Allseas, an offshore pipeline installation, heavy lift, and subsea construction contractor.
Dutch Fugro is about to commence survey work for the Western Link 2 (WL2) interconnector that will link Scotland and Wales. Fugro is set to begin marine geophysical surveys in the nearshore area of Caernarfon Bay today, August 14, with work expected to be completed by October 12, weather dependent.
Seatrium is forging a new partnership bond with Türkiye’s floating power plant company Karpowership, which will enable the conversion, life extension, and repairs of three liquefied natural gas (LNG) carriers (LNGCs) into floating storage regasification units (FSRUs).
U.K.-based energy company Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have set the wheels in motion to acquire the liquefied natural gas (LNG) terminal in Kent County, UK, from British electricity and gas utility, the National Grid group.
U.S. subsea engineering and applied technology firm Oceaneering International has secured a £400,000 (around €465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish offshore wi
With an integrated supply chain in mind, Hanwha Aerospace, a subsidiary of South Korean conglomerate Hanwha Group, has joined forces with Hanwha Energy and Korea Southern Power to bolster cooperation in the global liquefied natural gas (LNG) sector and means of obtaining U.S. LNG to boost Korea’s en
