Industry News

 

OEG Renewables Orders Another CTV from Strategic Marine

Nov 06, 2024

Singapore-based shipbuilder Strategic Marine has secured an order for a next-generation crew transfer vessel (CTV) from OEG Renewables, part of the OEG Energy Group, destined to operate in Taiwan.The vessel, named Wey Feng, will be the fourth…

Migatron Launches New Ultrasonic Sensor

Nov 05, 2024

Sensor technology developer Migatron has unveiled its latest ultrasonic sensor – the RPS-429AA-40P-IS2 – designed to be intrinsically safe and suitable for use in explosive atmospheres and hazardous locations.Migatron’s new sensor is said to…

Brent Field Decommissioning Project Enters Next Phase

Nov 05, 2024

Mammoet has completed the load-in of the last and heaviest of the Brent oil and gas field topsides, Brent Charlie, which has been skidded onto the quayside for decommissioning operation.The Brent field, one of the largest oil and gas fields in the North Sea…

Orsted says US Green Energy Demand Will Grow Regardless of Election Results

Nov 05, 2024

Orsted said that the demand for green power will continue to grow in the United States, regardless of the person who is elected as president. However, the group also pointed out construction issues and increased costs at an offshore wind farm in the United States…

Norclamp Introduces Infinity Clamp for Aging Subsea Pipelines

Nov 05, 2024

Norclamp, the supplier of clamps for subsea pipeline integrity, has launched Infinity Clamp, a solution that addresses critical sealing issues for extended pipeline lengths.Said to be an industry first, the modular clamp offers unlimited extensions through an interlocking design…

Green Marine UK Scales Up Environmental Monitoring Services for Offshore Wind

Nov 05, 2024

Orkney-based marine services firm Green Marine UK has expanded its environmental monitoring offering for offshore wind to deliver ‘full-scope’ projects following a surge in contracts with Scotland's Marine Directorate.This follows 18-months of continuous work…

Canada Proposes 35% Oil and Gas Sector Emissions Cut By 2030

Nov 05, 2024

The Canadian government released draft regulations on Monday that would cap emissions of greenhouse gases from the oil and gas sector at 35% below 2019 levels by 2030, drawing condemnation from the industry that said it will force a production cut…

Cadeler Gets Turbine and Foundation Installation Job for UK Offshore Wind Farm

Nov 05, 2024

Danish firm Cadeler has signed firm contracts, valued up to $415 million, for the transport and installation of turbines and foundations for East Anglia TWO offshore wind farm, being developed by ScottishPower Renewables, part of Iberdrola Group…

Shearwater Nets Petrobras Contract for 3D Survey Off Suriname

Nov 05, 2024

Offshore seismic services specialist Shearwater Geoservices has secured a large 3D seismic survey from Petronas in Suriname.The project, covering 6,000 square kilometers, marks the continuation of Shearwater’s commitment to Petronas in this…

Black & Veatch, Baker Hughes Combine Tech for Optimized Mid-Scale LNG Solution

Nov 05, 2024

Black & Veatch and Baker Hughes have signed a collaboration agreement to combine their technologies into a mid-scale liquefied natural gas (LNG) solution offering that can be used in both onshore and offshore applications.The companies will…

Saudi Aramco’s Quarterly Profit Goes 15% Down

Nov 05, 2024

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1 billion for the quarter.Aramco posted net income of $27.6 billion in the three months to Sept…

Valeura Energy Consolidates Thai Oil and Gas Assets

Nov 05, 2024

Canada-based oil and gas company Valeura Energy has completed the internal restructuring operation, transferring its working interests in the Nong Yao, Manora and Wassana fields to its wholly-owned Thailand subsidiary.Valeura's working interests in all its Thai III fiscal contracts…

Shell Pauses Gulf of Mexico Drilling Ops, Moves Personnel to Shore Amid Hurricane Forecast

Nov 05, 2024

Shell has paused some drilling operations in the Gulf of Mexico and moved non-essential personnel to shore amid weather disturbance which could become a hurricane.As a precautionary measure, Shell started moving non-essential personnel to shore from its Appomattox…

Did You Know? AI-Enhanced Botnets Become Ever Evasive

Nov 04, 2024

Botnets are networks of hijacked computer devices used to carry out various scams and cyber attacks, under control of a single attacking party. According to Marlink’s Security Operations Center (SOC) cyber security threats report, the volume…

Enersol to Acquire Deep Well Services in $223M Deal

Nov 04, 2024

Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi Holdings, has signed an agreement to acquire a U.S.-based oilfield services company Deep Well Services (DWS) for approximately $223 million, including performance-based payments…

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