Deepwater Atlas, the world's first 8th generation drillship, was recently named at a ceremony in Singapore. The news of the naming ceremony, held late in April, was shared by Transocean, a drilling contractor that owns the vessel, via social media this week…
Liza Unity is the second floating production, storage, and offloading unit of several expected to be deployed at ExxonMobil's Stabroek block off Guyana in the years to come.The FPSO, delivered by the Dutch FPSO specialist SBM Offshore, started producing oil in February…
Fuel management solutions company FUELTRAX reports it has named Integrated Marine Solutions (IMS) as its Saudi Arabian partner to focus on sales and installation for clients in the region.Located in northeastern Saudi Arabia, along the Arabian Gulf…
The European Commission on Wednesday unveiled a 210 billion euro [about $220 billion] plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away from Moscow to quicken its transition to green energy.The invasion of Ukraine by Russia…
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN.'Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record…
Swedish company Lundin Energy, which will exit the oil and gas business next month with the sale of oil and gas assets to Norway's Aker BP, is set to change its name to Orrön Energy AB.Lundin Energy, which under the name Lundin Petroleum discovered…
Rhosonics debuts a pipe integration system for the Slurry Density Meter (SDM) – the Clamp-In, designed to make it easy to remove the sensor without interrupting the process.The Clamp-In allows the installation of existing pipes in the process: plastic pipes…
Oilfield services company Petrofac has won a contract with Tullow Oil to provide well-decommissioning services in Mauritania, taking over from Danish company Maersk Decom, which said it would close down the company.The contract, with a potential total value of more than $60 million…
Offshore engineering company Worley has won a three-year engineering and procurement (EP) services contract with Shell in the U.S. to support five of its assets in the Gulf of Mexico.'The contract will support Shell’s transition to a digitized…
A subsidiary of Shell plc, BG International, signed a farm-out agreement (FOA) with ExxonMobil Egypt to acquire a 100% stake in the Exxon Mobil-operated North East El-Amriya offshore area, Mediterranean Sea, also known as Block 3, a Shell statement said on Wednesday…
Australia's vast liquefied natural gas (LNG) sector is betting its future on carbon capture and storage (CCS), a technology it says is vital to decarbonization and is proven.Convincing everybody else is going to be the tricky part, especially…
Germany, Belgium, the Netherlands and Denmark on Wednesday pledged to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050 to create a 'green power plant' for Europe.But the task will be challenging as the European…
After years of stalling, Romanian lawmakers approved legislation on Wednesday to reduce taxes on future income from offshore gas projects, hoping it would unlock investment in the Black Sea to extract its sizeable reserves.As Europe grapples with an energy crisis amid the war in Ukraine…
UK-based Proserv said Wednesday it had secured a deal to supply its 'holistic' cable monitoring system (CMS), ECG, at Equinor’s Hywind Scotland floating offshore wind farm.The 30 MW Hywind Scotland pilot park, consisting of five 6 MW turbines…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…