Industry News


Russia Looks Into Nuclear-Powered Submarines as Alternative for Gas Export

Oct 17, 2024

Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses…

Flaring Emissions Increased in 2023

Oct 16, 2024

Flaring emissions from global upstream oil and gas production activity increased by 7% from 2022 to 2023, according to latest Rystad Energy research.Upstream activities emit about 1 gigatonne per year of CO2 in total, with flaring contributing…

Guyana Production Sharing Agreements Accepted

Oct 16, 2024

Energy firms TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing deals to explore five oil and gas offshore blocks, the energy ministry said on Wednesday…

Iran Intensifies Oil Spill Control Efforts Off Kharg Island

Oct 16, 2024

Iranian authorities are working to control an oil spill four miles (6.4 kilometres) off Iran's Kharg Island, the country's IRNA news agency reported on Wednesday.The leak from oil pipelines was reported on Sunday and the required actions have been taken…

Lalizas Opens New Safety Equipment Branch in Canada

Oct 16, 2024

A few months after the announcement of the acquisition of REVERE Survival in Jacksonville, LALIZAS announced the establishment of LALIZAS Canada, effectively enhancing the company’s presence in the Americas.Miguel Norato has been appointed as the Country Manager of LALIZAS Canada…

Beam Launches New System to Advance 3D Mapping for Offshore Wind

Oct 16, 2024

Beam, a company created by the merger of Rovco and Vaarst, has unveiled SubSLAM X3, a new underwater perception system designed to enhance the monitoring and maintenance of offshore wind farms.SubSLAM X3 offers real-time, high-resolution 3D…

Swedish Firm Lines Up $35M Investment in Its Wave Energy Tech

Oct 16, 2024

CorPower Ocean has secured $35 million (€32 million) funding in an investment round set up to support the commercial roll out of its wave energy technology.The Series B1 investment round was led by NordicNinja, the largest Japanese backed VC in Europe…

Inyanga Takes Over Sabella’s D10 Tidal Energy Turbine

Oct 16, 2024

Inyanga Marine Energy Group has taken over the operatorship of D10 tidal energy turbine in France, deployed in the Fromveur Passage, off the coast of Brittany, following the liquidation of its previous owner Sabella.Initially deployed in 2015…

Wood Spearheads Industry Initiative to Develop CCUS Guidelines

Oct 16, 2024

Consulting and engineering firm Wood has taken charge of the Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects.The guidelines…

Iberdrola and Masdar Install All 50 Turbines at Baltic Eagle Offshore Wind Farm (Video)

Oct 16, 2024

Iberdrola and Abu Dhabi Future Energy Company (Masdar) have completed the installation of all 50 wind turbines at the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea.When fully operational, Baltic Eagle will supply around 475…

Maria Quitéria FPSO Starts Operating at Petrobras’ Jubarte Field Off Brazil

Oct 15, 2024

The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has started operating at Petrobras’ Jubarte field in Campos Basin offshore Brazil.The FPSO unit has the capacity to produce up to…

NEO Energy’s CEO Steps Down

Oct 15, 2024

Oil and gas company NEO Energy has informed its chief executive officer (CEO) Paul Harris has stepped down from the position after less than two years at the position.Paul Harris will support the business until the end of year to assist with an orderly transition of his responsibilities…

Fugro Kicks Off Site Investigation Survey for Offshore Wind Cable Route in Germany

Oct 15, 2024

Fugro has started site investigation and geoconsulting works for Germany’s Rhein-Main-Link energy route, which will transport electricity from offshore wind farms in the North Sea to Germany’s Rhein-Main metropolitan region.Fugro is conducting the works under the contract with ARGE R-M-L…

Northern Ocean to Enhance Capabilities of Semi-Sub Rigs with Kinetic’s Equipment

Oct 15, 2024

Offshore drilling contractor Northern Ocean has entered into a letter of intent (LoI) with Kinetic Pressure Control to outfit its two sixth generation semi-sub drilling rigs with new blowout equipment.Northern Ocean plans to install Kinetic’s…

Jan de Nul Hires Correll for Cable Termination Works at Thor Offshore Wind Farm

Oct 15, 2024

Wind power high voltage specialist Correll, part of SPIE Group, has secured a contract from Jan de Nul  to complete the 66kV subsea cables termination and testing on offshore wind turbines for RWE’s Thor offshore wind farm.The works are set…

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