U.S.-headquartered energy technology giant Baker Hughes has signed a strategic partnership memorandum of understanding (MoU) with Malaysia’s Petronas to explore collaboration in areas that have the potential to support Asia’s energy transition.
Energy services provider Expro has won a contract with Woodside Energy to deliver tubular running services (TRS) and cementing services for what is expected to be Mexico’s first deepwater oil production facility. The three-year contract for the Trion deepwater oil & gas development will see Expro es
LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth ₩177 billion (approximately $185 million). LS Marine Solution will be responsible for laying the sub
French provider of tubular solutions Vallourec has secured a number of new contracts under which it is set to deliver oil country tubular goods (OCTG) to the UAE’s Abu Dhabi National Oil Company (ADNOC), as well as CNOOC and PetroChina in Iraq. ADNOC has placed an order described as significant for
The European Investment Bank (EIB) has approved financing in the amount of approximately €168 million for the second electrical interconnector between Malta and Italy. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna subs
With the backlog of wells due for decommissioning on the rise, the UK’s regulator, the North Sea Transition Authority (NSTA), has issued a stark warning to operators on the UK Continental Shelf (UKCS), urging them to take steps to decommission permanently inactive wells now to stave off a future sce
Fugro has partnered up with high-tech software company DTACT and AI-powered satellite intelligence company Ubotica to develop a data fusion and intelligence platform that will provide government organizations with the information needed to strengthen national security and safeguard critical underwat
The vessel Olympic Electra has begun relocating boulders at the Baltica 2 project site, marking the start of the preparatory work ahead of offshore construction of what will be the biggest offshore wind farm in Poland. Boulder relocation is a key stage in preparing for the installation of foundation
Fugro and TGS have been awarded contracts for detailed site investigations at the Sørlige Nordsjø II (Southern North Sea II) site, where Norway’s first commercial offshore wind farm will be built by a consortium consisting of Parkwind and Ingka Investments. Fugro, which already performed surveys at
Norwegian state-owned energy company Equinor has entered into an agreement with compatriot energy data and intelligence company TGS to advance the digitalization of carbon capture and storage (CCS) operations under which TGS’ technology will be integrated into the Northern Lights CO2 transport and s
Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f
LS Marine Solution has been selected as the preferred bidder for the submarine cable installation work at the Shinan Ui offshore wind project in South Korea. The 390 MW offshore wind farm is being developed by a consortium led by Hanwha Ocean and SK Eternics. Construction is scheduled to begin in 20
Norwegian shipping company Rem Offshore has held the keel-laying ceremony for its second energy subsea construction vessel (ESCV), being built at a shipyard in Vietnam. REM Ocean, for which the steel-cutting ceremony was held in February, will once delivered from Myklebust Verft in 2027 begin operat
UK-headquartered Tekmar Group has secured a contract under which it shall supply bespoke subsea infrastructure technology for a pipeline project in the Middle East. The scope covers the design and manufacture of specialist reinforced concrete support structures for a large-diameter gas pipeline, wit
