Latest News - page 66


SMD Announces Kenny Liu as New CEO

Aug 18, 2025

Pioneering subsea technology and services company, SMD, has announced the appointment of Kenny Liu as its new chief executive officer.Kenny succeeds Julian Zhu, whose decade in the role saw the company’s profit and turnover increase year on year for the past five years…

Norway's Hammerfest LNG Shuts Down

Aug 18, 2025

Norway's Hammerfest LNG terminal shut its production of liquefied natural gas during the weekend due an overheating electrical transformer, a spokesperson for operator Equinor EQNR.OL said on Monday.The facility, also known as Melkoeya LNG, accounts for roughly 5% of all Norwegian gas exports…

Murphy Tapped To Chair Tidal Energy Company Board

Aug 18, 2025

Inyanga Marine Energy Group announced that Martin Murphy has been appointed as Chair of the Board.Following 12 years’ service in the Royal Navy, Martin has forged a career as an experienced CEO and Chartered Engineer. Martin has a strong leadership…

Petrobras Mulls Ethanol Market Entry with Investment in Raizen - report

Aug 18, 2025

Petrobras is considering an investment in sugar and ethanol producer Raizen  as a way to re-enter the ethanol market, local newspaper O Globo reported on Saturday, citing sources.Petrobras had previously said it was eying a return to the ethanol…

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Aug 18, 2025

In early August 2025, Aesen took delivery of two new Generation 4 Fast Crew Boats (FCBs) — Aesen 107 and Aesen 108 — at a christening ceremony held at Strategic Marine yard. The addition of Aesen 107 and Aesen 108 brings Aesenʼs total new crew…

Saipem Milestone in Guyana Yellowtail Project

Aug 18, 2025

Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., locatedin approximately 1,800m of water within the Stabroek Block offshore Guyana.Awarded the contract in 2022…

Aize Enters Middle East Collaboration with McDermott

Aug 17, 2025

Digital twin technology company Aize has signed a Memorandum of Understanding (MoU) with McDermott to strengthen its presence and collaboration in the Middle East.The MoU spans the entire project lifecycle - from EPC through pre-operations to full operations…

Shape Reef AI to be Deployed in Brazil to Enhance Offshore Oil Safety

Aug 15, 2025

Shape Digital, Shell Brasil, MODEC Brasil and Unicamp signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital…

Argentina’s 30 MMtpa LNG Ambition by 2030 – Is It feasible?

Aug 15, 2025

The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market…

The Gulf of America Can Lead in Carbon Storage, If Washington Acts

Aug 15, 2025

The United States has everything it needs to lead in offshore carbon capture and storage (CCS), except the rules to make it happen.Nearly four years ago, Congress gave the Department of the Interior authority to oversee offshore carbon sequestration…

Oceaneering Awarded Funding for Rosyth Cable Manufacturing Facility

Aug 14, 2025

Oceaneering’s Rosyth, Scotland, umbilical and cable manufacturing facility has secured grant funding from Scottish Enterprise (SE). The funding will support Oceaneering’s floating offshore wind dynamic cable qualification projects.The immediate…

Robosys Automation Aims to Streamline Offshore Wind Environmental Data Collection

Aug 14, 2025

Robosys Automation is leading Project ORACLES, a venture which it says will transform the environmental consenting process for offshore wind farms.Currently the data collection process for environmental monitoring at proposed offshore wind sites is labor-intensive…

Talos Energy Makes Three Leadership Appointments

Aug 14, 2025

Talos Energy has appointed Zachary B. Dailey as Executive Vice President and Chief Financial Officer (CFO), effective August 18, 2025.In addition, the company has appointed William R. Langin as Executive Vice President – Exploration and Development…

Heather Alpha Topside Removed in 14 Seconds

Aug 14, 2025

EnQuest completed the removal of the Heather Alpha topsides on August 11.The Allseas-owned Pioneering Spirit heavy lift vessel removed the 15,300 tonne topsides in a single lift, the largest single lift planned in the North Sea this year.EnQuest Decommissioning Director…

Angola Seeks Gas Growth as Oil Output Stagnates

Aug 14, 2025

Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the country’s first drilling campaign targeting gas and hitting success last month, the CEO told Reuters.Angola expects gas…

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