Saudi Aramco Vision 2030 News

 

Aquaterra Energy to Deliver Well Services Work for North Sea CCS Project

Jun 10, 2025

Offshore engineering solutions provider Aquaterra Energy has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.The project, which will initially…

Tower Resources Lines Up ADES Jack-Up Rig for Cameroon Drilling Op

Jun 10, 2025

Tower Resources, the AIM-listed oil and gas company focused on Africa, has issued a Letter of Award (LoA) to Advanced Energy Systems (ADES), an affiliate of Saudi firm ADES Holding, for the provision of a jack-up rig for drilling job in Central Africa…

China Leads the World in Energy Investment

Jun 09, 2025

The latest edition of the International Energy Agency’s World Energy Investment report demonstrates how the global energy scene has changed from when the first edition of the report in 2015 showed energy investment in China just edging ahead of that of the United States…

UK: Renewables Workforce to Grow to 42,000 In Next Five Years

Jun 09, 2025

New research published today by the Engineering Construction Industry Training Board (ECITB) has revealed that the engineering construction industry (ECI) workforce deployed in renewables, hydrogen and carbon capture and storage could total more than 42…

Eni, YPF Sign Deal for Argentina LNG Project

Jun 09, 2025

Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project.The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production…

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

Jun 06, 2025

Tidal Technologies Limited (TTL) has launched a procurement process for the equipment supply, manufacturing and installation of components for its first full-scale tidal energy prototype.The procurement process is for the build out of TTL’s…

Record Offshore Wind Auction Required for UK to Meet Targets

Jun 06, 2025

Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters.The…

Vattenfall Names New Head of Wind Business

Jun 05, 2025

Vattenfall has appointed Catrin Jung as the new Head of Business Area (BA) Wind, which encompasses the company’s offshore and onshore wind operations, as well as large-scale solar and battery projects.Currently leading the Offshore Wind business…

Allseas Takes Aim at Nuclear Power for Energy-Intensive Vessels

Jun 05, 2025

Dutch offshore contractor Allseas has launched a five-year plan to design, develop and deploy a Small modular reactor (SMR) tailored for integration into offshore vessels and for onshore use.Building on 40 years of engineering expertise in the offshore energy industry…

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Jun 05, 2025

MODEC and Carbon Clean Solutions have signed a memorandum of understanding (MoU) to continue the development and eventual deployment of floating production, storage and offloading (FPSO)-based offshore post-combustion carbon capture technologies…

ExxonMobil-Led Guyana Consortium Reports $10.4B Profit in 2024

Jun 04, 2025

An oil-producing consortium in Guyana comprising Exxon Mobil, Hess and CNOOC posted a 64% surge in 2024 profit to $10.4 billion, Exxon said on Tuesday, as facility updates allowed sustained output growth.Due to fast production expansion and relatively low government royalties and taxes…

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Jun 03, 2025

CDWE, a joint venture between CSBC Corporation and DEME Offshore, has completed the installation of pin piles for the Hai Long offshore wind farm, being built in Taiwan.A total of 219 pin piles have been installed using the Green Jade heavy lift vessel…

ADES Secures Jack-Up Drilling Rig Contract in West Africa

Jun 03, 2025

Saudi oil and gas drilling contractor ADES Holding has secured a contract with Addax Petroleum, part of Sinopec Group, for its Admarine 510 jack-up drilling rig, which will be put to work offshore Cameroon in West Africa.The contract is expected to begin in the fourth quarter of 2025…

Exxon Signs Agreement With Azeri SOCAR to Explore Oil Production

Jun 02, 2025

Exxon Mobil and Azeri state energy company SOCAR said on Monday they signed a deal agreeing to explore onshore oil and gas production in Azerbaijan, while BP is expected to buy into new Azeri offshore fields, according to three sources.Azerbaijan's…

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Jun 02, 2025

Azeri state energy company SOCAR will sign new agreements soon for oil and gas exploration in Azerbaijan, including with Exxon Mobil and BP, three sources told Reuters on Monday.The sources, who spoke on condition of anonymity, declined to give further details…

Current News

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

OSC, Ashtead Technology Bolste

Salunda Installs Latch Hawk Monitoring System on Semi-Sub Rig

Salunda Installs Latch Hawk Mo

Eco Wave Power, AltaSea Agree Wave Energy Pilot’s September Launch

Eco Wave Power, AltaSea Agree

Fugro Lands Deepwater Gas Job for Eni off Cyprus

Fugro Lands Deepwater Gas Job

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine