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Business & Finance

Expro eyeing market growth after broadening drilling tech offering with acquisition of Norwegian firm

U.S.-headquartered energy services provider Expro has brought Enhanced Well Technologies Group (Enhanced Drilling) into its fold, extending its drilling technology capabilities.

about 2 months ago

Business & Finance

North Sea pilot project produces first green hydrogen on operational platform

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PosHYdon, the first project in the world to combine offshore wind power, hydrogen production, and natural gas production at sea, has started the production of green hydrogen on an operational offshore platform in the North Sea. The Q13a-A platform, operated by Eni Energy Netherlands, is located appr

about 2 months ago

Business & Finance

GTT’s integrated digital toolkit enhances Petronas-chartered LNG vessel fleet

GTT Marine, a division of France’s Gaztransport & Technigaz (GTT), has been tasked with deploying its integrated vessel performance solutions across a fleet of liquefied natural gas (LNG) carriers (LNGC) on hire with Malaysia’s energy giant Petronas.

about 2 months ago

Business & Finance

KOIL Energy Solutions wins contract in Brazil, sees more opportunities in the market

Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has secured its first subsea umbilical maintenance campaign in Brazil. The contract covers the re-termination and testing of umbilical elements, including chemical injection and hydraulic control lines, as well as el

about 2 months ago

FSO PTSC Lac Da Vang (FSO PTSC LDV); Source: OceanStar Elite

Business & Finance

Yinson Production and PTSC’s FSO heads off to Southeast Asian oil project

A floating storage and offloading (FSO) unit has left a shipyard where it was undergoing construction and set sail toward an oil field off the coast of Vietnam, Southeast Asia.

about 2 months ago

Business & Finance

FSRU name revealed as Europe’s new LNG terminal edges closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has revealed the name of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 2 months ago

Jacket for Tangguh UCC project; Source: BP

Business & Finance

First jacket for BP’s $7 billion gas and CCUS project reaches its destination

BP, a UK-headquartered energy giant, has tucked a new milestone under its belt with the arrival of the first jacket at the installation site in Indonesia out of four offshore pieces undergoing construction for a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and s

about 2 months ago

Saipem 7000 working on offshore installation campaign at Neptun Deep; Source: Saipem

Business & Finance

Saipem highlights ‘key’ offshore installation milestone at Europe’s mega gas development

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the wrap-up of an offshore installation campaign, which has put a new production platform in place at a multibillion-euro natural gas project in the Romanian waters of the Black Sea.

about 2 months ago

Business & Finance

GEOxyz brings survey expertise to South Korea through local partnership

Belgium-headquartered GEOxyz is bringing its capabilities to South Korea with the establishment of a strategic partnership with local companies for the provision of offshore survey services. GEOxyz reported today, July 23, that it had signed a memorandum of understanding (MoU) with SKY Offshore and

about 2 months ago

Business & Finance

Half of cabling in place for first UK-Germany energy link

With over 350 kilometers of offshore and onshore cable laid, the NeuConnect high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany has reached the halfway point in its cabling program. The milestone comes as NeuConnect marks the third anniv

about 2 months ago

Business & Finance

Worley takes pre-FEED role on Roman goddess-named Dutch North Sea CCS project

Australia’s engineering firm Worley has been tasked with carrying out the pre-front-end engineering design (pre-FEED) work for a carbon capture and storage (CCS) project bearing the name of a Roman goddess in the Dutch sector of the North Sea, as the Netherlands’ depleted offshore fields are being t

about 2 months ago

Business & Finance

DOF sells four PSVs, buys two newbuild CSVs to further optimize fleet

Norway’s DOF Group is selling four platform supply vessels (PSVs) and buying two construction support vessels (CSVs) as part of further fleet optimization and high-grading strategy. The PSVs Skandi Mongstad (2008-built), Skandi Flora (2009), Skandi Feistein (2011) and Skandi Kvitsøy (2012) are expec

about 2 months ago

Business & Finance

Fresh black gold discovery emerges as tie-back candidate for Norway’s flagship Barents Sea oil hub

Norway’s state-owned energy giant Equinor has made a new oil find on the Norwegian Continental Shelf (NCS), putting on the table a potential tie-back to the country’s largest oil development ever brought on stream in the Barents Sea.

about 2 months ago

Business & Finance

$260 million drilling job with Eni takes Saipem’s drillship back to Côte d’Ivoire

Italy’s engineering, drilling, and construction services giant Saipem has picked up a multimillion-dollar assignment in African waters for one of its drillships, enabling the rig to once again work for Eni Côte d’Ivoire, a subsidiary of the Italian energy giant Eni.

about 2 months ago