Latest News - page 21

 

Engineering for Extremes: Tronics’ Next-Gen MEMS Sensors

Feb 26, 2026

Tronics, a TDK group company, has expanded its high-performance MEMS inertial sensor portfolio with the launch of the AXO315®T1, a high-temperature digital accelerometer designed for energy sector drilling applications. The AXO315®T1 MEMS accelerometer…

Petrobras Awards Acteon Mooring Services Contract

Feb 25, 2026

Intermoor, Acteon’s Moorings and Anchors business been awarded a new contract by Petrobras for the provision of stack-up mooring system services in Brazil.This work will support light-workover interventions and abandonment operations on installed…

OceanTools Celebrates Recent Project Successes

Feb 25, 2026

OceanTools is celebrating two projects that highlight their engineering expertise and versatility. From designing subsea pressure housings for a well-known space technology company to creating solutions for the world’s deepest oceans, their…

Saipem Eyes Comeback in Venezuela as Sanctions Ease

Feb 25, 2026

Italian oil contractor Saipem is ready to resume activities in Venezuela for both offshore and onshore projects after the easing of U.S. sanctions, Chief Executive Alessandro Puliti said on Wednesday.'Things in Venezuela are changing very quickly…

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Feb 25, 2026

QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the onshore liquefied natural gas (LNG) plant of its North Field West (NFW) project to a joint venture comprising Technip Energies, Consolidated Contractors Company (CCC) and Gulf Asia Contractor (GAC)…

Panoro Expands Equatorial Guinea Footprint with Kosmos Deal

Feb 25, 2026

Oslo-listed oil and gas company Panoro Energy has agreed to acquire an additional 40.375% non-operated interest in Block G offshore Equatorial Guinea from Kosmos Energy for an initial cash consideration of $180 million, and additional contingent payments of up to $39…

Worley Gets Denmark’s Hydrogen Transmission Network Job

Feb 25, 2026

Worley Limited has been awarded a five-year engineering, procurement and construction management (EPCM) services contract by Energinet Brint to support Phase 1 of Denmark’s Hydrogen Backbone pipeline.The Danish Hydrogen Backbone 1 project will…

Kongsberg Maritime to Equip LS Marine’s Ultra-Large Cable Lay Vessel

Feb 25, 2026

Kongsberg Maritime has been selected to supply a fully integrated equipment package for a next-generation ultra-large cable laying (CLV) vessel being built for LS Marine Solution at Tersan Shipyard in Türkiye.The vessel, designed to support…

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Feb 25, 2026

Malaysia’s oil and gas services Velesto has secured a drilling contract worth approximately $16.5 million from Jadestone Energy for operations at the East Belumut field offshore Malaysia.The contract, awarded to Velesto’s wholly owned subsidiary Velesto Drilling…

Shell, METLEN Sign LNG Supply and Trading Deal

Feb 25, 2026

Shell and Greece’s METLEN have signed a memorandum of understanding (MoU) to establish a framework for cooperation in the supply and trading of liquefied natural gas (LNG).Under the agreement, the two companies plan to supply and trade approximately 0…

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Feb 25, 2026

Japanese oil and gas explorer Inpex said it aims to start the tender process for engineering for its Abadi gas project in Indonesia in the middle of this year, as Jakarta pledged to remove bureaucratic snags to help expedite the $21 billion development…

Talos Energy Highlights Momentum in 2025 Results Release

Feb 24, 2026

Talos Energy announced its operational and financial results for the three and 12 months ended December 31, 2025, with CEO Paul Goodfellow, saying: '2025 marked the start of our transformation – building the foundation for the future.'In June…

Saipem Confirms Growth Trajectory

Feb 24, 2026

Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation…

BOEM Reaffirms Gulf Lease Sales 259 and 261

Feb 24, 2026

The Bureau of Ocean Energy announced a Record of Decision reaffirming its prior decisions regarding Gulf of America’s Outer Continental Shelf Oil and Gas Lease Sales 259 and 261. This ROD supports BOEM’s continued commitment to responsible offshore…

Nam Cheong Hooks $64.5M Deal to Build Four OSVs

Feb 24, 2026

Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its first newbuild contract win in over a decade…

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