Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…
SPE Offshore Europe 2023 celebrates 50 years since the first edition was held in 1973 at Aberdeen University. The theme of the milestone event, being held at P&J Live, Aberdeen, from 5-8 September 2023, is ‘Accelerating the transition to a better energy future…
Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…
Three offshore lines of the Nord Stream gas pipeline system on the bed of the Baltic Sea sustained 'unprecedented' damage in one day, Nord Stream AG, the operator of the network, said on Tuesday.The bulletin was published after Sweden's Maritime…
Norway on Wednesday was beefing up security throughout its oil and gas sector to protect against possible sabotage after several countries said two Russian pipelines to Europe spewing gas into the Baltic had been attacked.A military expert warned that the security of the Nordic country's oil sector…
U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous…
Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.The two companies have hired investment bank Jefferies to run the sale…
Trials of the state-of-the-art A.IKANBILIS hovering autonomous underwater vehicle (HAUV) conducted by Nordsee One GmbH and supported by manufacturer BeeX Pte Ltd and European partner Subsea Europe Services GmbH at the Nordsee One wind farm in…
Akastor's subsidiary DDW Offshore has won a one-year contract with Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO 'Northern Endeavour' together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea…
Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…
Mexico's environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country's top oil field, according to the regulator's response to a freedom of information request filed by Reuters.'There…
Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…
GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…
Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol.'This cooperation…
Uniwise Offshore, a Thailand-based offshore support vessel (OSV) company, has boosted cyber-security standards across its OSV fleet by adopting technology from Inmarsat, a mobile satellite communications specialist.'With reliable connectivity delivered by Inmarsat’s Fleet Xpress…
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