Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion).
UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has augmented its liquefied natural gas (LNG) conversion portfolio with a new refurbishment task that will allow it to give an LNG carrier a new lease on life as a floating storage unit (FSU).
ABB has secured contracts with Rotterdam Shore Power (RSP), a joint venture of Port of Rotterdam and Eneco, to engineer and construct shore power systems comprising multiple installations for the Port of Rotterdam. Based on the total capacity of over 100 megavolt-amperes (MVA), the combined shore po
Brazil’s state-owned energy giant Petrobras has prolonged a contract of an anchor handling tug supply (AHTS) vessel, owned by Solstad Offshore, a Norwegian shipping company.
Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as a response to an anticipated decrease in activity levels this year. After several years of record-high workload, Aker Solutions announced yesterday, January 7, that it expects activity levels to decrease
Norway-based cleantech service provider Soiltech has won a new assignment to perform fluid treatment and other services on a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
Singapore’s first electric tug, built by PaxOcean Group and powered by ABB, has completed commissioning ahead of expected deployment in April 2026. The fully electric tug PXO-ACE-1 is the first of its kind to be built and operated in Singapore as part of the Maritime and Port Authority of Singapore’
Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.
South Korean LS Cable & System and Korea Electric Power Corporation (KEPCO) have entered into a strategic agreement to jointly commercialize and globalize an advanced HVDC asset management system. The partnership integrates KEPCO’s Smart Fault Locator – Real Time (SFL-R) technology into LS Cable & S
Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning
Noble Corporation, a U.S.-based offshore drilling giant, has entrusted Norway’s asset integrity management company Axess Group with the provision of inspection and certification services for four mobile offshore drilling units (MODUs), which are deployed off the coast of Guyana.
Sapura Offshore, an indirect wholly-owned subsidiary of Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has secured new work orders for offshore transportation and installation (T&I) activities off the coast of Malaysia.
The Scottish Government Marine Directorate has granted the variation to the existing marine license for the Western Isles high-voltage direct current (HVDC) subsea cable link, allowing the needed increase in capacity. The project is a key component of SSEN Transmission’s planned £22 billion investme
South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).
