UK-based subsea equipment specialist Express Engineering has signed a five-year supply agreement to produce a range of precision-engineered Downhole ‘Measurement While Drilling’ (MWD) and ‘Logging While Drilling’ (LWD) products used to deliver data for precise wellbore placement…
Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…
To develop stranded gas reserves in remote regions, chemical engineers from The University of Western Australia are cooperating on novel cost- and carbon-reduction technology.Professor Zachary Aman, Chevron Woodside Chair in Long Subsea Tiebacks…
Offshore engineering company Worley has won a three-year engineering and procurement (EP) services contract with Shell in the U.S. to support five of its assets in the Gulf of Mexico.'The contract will support Shell’s transition to a digitized…
Subsea services company DeepOcean has agreed to acquire the Norwegian engineering and technology company Installit AS from Oslo-listed Endúr ASA to strengthen the group’s offering within offshore renewables. DeepOcean and Endure have agreed to not disclose the financial details of the transaction…
Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…
Japan-based shipping in giant Mitsui O.S.K. Lines, Ltd. (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.The companies aim to open up…
Aker Solutions, a Norwegian engineering and construction company in the offshore energy industry field, has agreed to acquire Unitech Power Systems, an electrical power systems consultant.'The acquisition is an important step towards Aker Solutions…
Japanese companies JERA, MODEC, Toyo Construction, and Furukawa Electric have received a notice of acceptance of their joint grant application, under the Green Innovation Fund program of NEDO, to conduct a project to develop cost-reducing technology…
Energy and marine consultancy AqualisBraemar LOC Group has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.OSD-IMT is a specialist consultancy in ship design for new build…
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