Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.
Oilfield services company SLB and INEOS Energy have established a technology partnership to collaborate on subsurface technologies implementing digital artificial intelligence solutions. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen to collaborate and innovate subsurface techno
Eidesvik Offshore has secured a contract extension for one of its platform supply vessels with Wintershall Dea for operations off Norway.
Vår Energi has welcomed a new CEO to spearhead its strategy execution, market engagement, and stakeholder management.
UK-based energy major BP has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada. The contract involves the offtake of 0.45 million tons of LNG per year (mtpa) for 15 years on a free-on-board (FOB) basis, and acco
Oceaneering International is planning to acquire Exail’s DriX uncrewed surface vessel (USV) as part of its introduction of a new USV service to support remote survey work scopes. Oceaneering announced on 5 September that its Subsea Robotics group was introducing a new USV service that will utilize d
Island Drilling has received a third contract extension for its rig from Trident Energy related to work offshore Equatorial Guinea.
Scottish company Mocean Energy has secured €3.74 million in EU funding to develop and deploy a 250kW wave energy device offshore Orkney, as part of the EuropeWave project.
Australian energy company Santos has executed a binding sale agreement to deliver Papua New Guinea’s Kumul Petroleum Holdings a 2.6% participating interest in PNG LNG for a total purchase consideration comprising cash of $576 million and the assumption of ca. $160 million of project finance debt (th
Borr Drilling has confirmed that one of its jack-up rigs, which recently left a shipyard in the UAE, started its new job in Saudi Arabia.
Horisont Energi has signed a Letter of Intent (LoI) with energy company PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, under which PUN aims to enter as a partner and operator in the only CO2 exploration license in the Barents Sea. The Norwegian Ministry of Petroleum and Energy announced
Wood Mackenzie believes the UK will struggle to meet its CCUS targets unless government and private investment come to the aid.
Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on the installation of WinGD’s X-DF-A dual-fuel ammonia engines on forthcoming newbuild vessels. The two companies signed a memorandum of understanding during the Gastech conference in Singapore
Prysmian Group has signed a capacity reservation agreement with Marinus Link, a subsidiary of the Australian transmission system operator (TSO) TasNetworks, to reserve the capability to deliver a power interconnector project in Australia. The agreement includes the Commonwealth Government underwriti
