The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…
Danish Energy Agency has reported that 16 companies have placed their bid for share of the country’s new carbon capture and storage (CCS)-dedicated fund, which amounts to $4.1 billion.A maximum of 10 companies can participate in the bidding…
The HSI joint venture, comprising HSM Offshore Energy, Smulders, and Iv, has successfully moved the Jasmund Offshore Substation (OSS) topside and lifted the transformers for 50Hertz at HSM Offshore Energy’s Stormpolder yard in the Netherlands…
Energy industry services firm EnerMech has appointed Jason Jeow to head up its Asia Pacific regional management.With decades of extensive experience in the energy and infrastructure sectors, Jeow joined EnerMech in February as VP Asia Pacific…
Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…
CorPower Ocean has secured financial backing from Vinnova, Sweden’s national innovation agency, for a project exploring the adoption of artificial intelligence (AI) for improved performance and control in wave energy technology.The WACE project…
Twelve businesses in the North East of Scotland targeting success in the offshore renewable energy market have been selected for the the U.K.’s Fit For Offshore Renewables (F4OR) supply chain support program.The program is open to companies looking to break into the offshore renewable energy sector…
Harbour Energy has secured a permit to drill a well in the Norwegian Sea, which is part of carbon storage exploration license at Havstjerne development.The permit, awarded by Norwegian Offshore Directorate (NOD), is for wellbore 9/6-1 in production license EXL006…
Australian oil and gas company Woodside Energy has decided not to exercise its option for the farm-in to the PEL 87 block offshore Namibia, operated by Pancontinental Energy’s subsidiary.Pancontinental has received notification from Woodside…