The Abu Dhabi-based international oil and gas company Mubadala Petroleum has scored a second win in its drive to entrench its upstream investments in Egypt after signing a sale agreement with Italian giant Eni for a 20 percent stake in the Nour North Sinai Offshore Area concession…
Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.Operating platforms remotely can be done with fewer staff than doing it offshore and other oil…
The global provider of classification and technical advisory services to the marine and offshore industries ABS awarded a Cyber Security-Ready (CS-Ready) Notation to a Sembcorp Marine jack-up drilling rig built to its proprietary Pacific Class 400 design…
The integrated subsea and offshore solution provider Unique Group has entered into a cooperation agreement with offshore corrosion control company Deepwater Corrosion Services Inc.As part of the agreement, Unique Group will offer Deepwater’s…
The Abu Dhabi National Oil Company (ADNOC), has agreed, in principle, to extend to 2040 its gas supply agreement with ADNOC LNG, in coordination with ADNOC LNG’s joint venture partners, Mitsui, BP and Total.The the state-owned oil company of…
In a major developement, international consulting group COWI announced it plan to increase its presence in the USA significantly with the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project…
Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…
Remotely operated underwater vehicle (ROV) and hydrographic survey company Rovco said on Wednesday that it has established a dedicated business development team to support its growth plans as it looks to increase its presence in key international markets…
The SceneScan Monopole laser sensor has been developed for offshore wind farm applications to eliminate the need for installing fixed reflective targets.This technology was designed and developed by Guidance Marine (acquired by Wärtsilä in 2017)…
Offshore robotics company FORSSEA ROBOTICS chose GMS as main technical partner to certify its real-time visual positioning technologies. A joint laboratory will be created to develop a common offer covering camera calibration, subsea image treatment and innovative photogrammetry solutions…
The U.K.’s latest offshore licensing round has attracted 36 applications covering 164 blocks in frontier areas of the U.K. Continental Shelf (UKCS). A strong and diverse set of applications were received from 35 companies ranging from multinationals to microbusinesses…
Lukoil announced Wednesday that it has completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.The single-bore well with horizontal completion was drilled from a jack-up rig in the eastern part of the field…
Downhole sensing technology specialist Well-SENSE has launched its latest FiberLine Intervention (FLI) development, Active FLI at ADIPEC.“Earlier this year, we secured significant investment from Saudi Aramco Energy Ventures (SAEV) which has…
China's government has appointed a senior oil industry executive as the country's top energy official, state-run media China Energy News reported on Wednesday.Zhang Jianhua, president of China's largest oil and gas group CNPC, has been named director of the National Energy Administration…
TechnipFMC announced on Wednesday it has signed a five-year Surface Technologies Frame Agreement with Chevron to cover the exclusive supply of surface wellhead equipment and service in the U.S. and Canada.Richard Alabaster, President of TechnipFMC’s Surface Technologies business…
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