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TechnipFMC illustration
Fossil Energy

TechnipFMC picks up multimillion-dollar subsea scope for Petronas’ deepwater project

UK-headquartered energy technology provider TechnipFMC has been tasked with an integrated engineering, procurement, construction, and installation (iEPCI) assignment for the development of a long-delayed deepwater project off the coast of Sabah, Malaysia.

11 days ago
Mist rig; Source: Borr Drilling
Fossil Energy

Southeast Asia’s hydrocarbon push: Valeura hits oil pay, eyes new satellite development

Southeast Asia’s hydrocarbon sector has gained fresh momentum as Canadian oil and gas company Valeura Energy struck an oil discovery near its existing offshore field in the Gulf of Thailand, potentially supporting a new satellite development while extending the productive life of existing infrastruc

12 days ago
FSRU Energos Force; Source: DET
Clean Fuel

FSRU docks in Stade as LNG terminal prepares to feed gas into German grid from November

A 294-meter floating storage and regasification unit (FSRU) has arrived at the new liquefied natural gas (LNG) terminal in Stade, marking the start of commissioning preparations and bringing the facility a step closer to operations, with gas feed-in to Germany’s grid expected from November.

12 days ago
Representatives from the project partners at the Design Appraisal presentation ceremony; Source: Lloyd's Register
Alternative Fuels

Fore-accommodation LNG carrier with four Wind Challenger sails clears LR design appraisal

A new liquefied natural gas (LNG) carrier design that moves the accommodation block and bridge to the bow to make room for four wind-assisted sails has cleared a key technical milestone, with Lloyd’s Register, a maritime classification society, affirming technical readiness of the HD Hyundai Heavy I

12 days ago
Verlume Halo Subsea Battery Technology; Courtesy of Verlume
Fossil Energy

Verlume and SubCtech join forces to power up integrated subsea ops

UK-headquartered subsea power specialist Verlume and German marine technology company SubCtech are pooling resources to develop and deliver integrated subsea power solutions for offshore energy and defense applications.

12 days ago
Scarabeo 8; Source: Saipem
Fossil Energy

Fresh gas discovery augments Aker BP’s North Sea arsenal

Norwegian oil and gas company Aker BP has struck gas in the North Sea, opening up a new opportunity 25 kilometers north of the Duva field. The operator and its partners will now assess whether the discovery could be commercially viable.

12 days ago
Alpin Weld – when offshore work goes beyond welding
Business Developments & Projects

Alpin Weld – when offshore work goes beyond welding

Written by Agata Maderska, azul.marketing studio for Alpin Weld Offshore maintenance and repair rarely involve straightforward conditions. Structural defects may occur in areas with restricted access, while components requiring inspection, repair or replacement are often located in challenging envir

12 days ago
Gulf Driller VII aka Perro Negro 11 - Saipem
Fossil Energy

Saipem hands Saudi jack-up fleet to ADES in strategic shallow-water exit

Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has now added about SAR 3.7 billion ($987 million)

12 days ago
Offshore platforms
Fossil Energy

Valeura advances Gulf of Thailand expansion with PTTEP farm-in approval

Canadian oil and gas company Valeura Energy has received the go-ahead for its acquisition of partial stakes in two offshore blocks in the Gulf of Thailand from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP).

13 days ago
A digital rendering of an LNG plant by the coast
Clean Fuel

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO and a proposed agreement to buy 1 million tonnes per year (mtpa) from an LNG project being developed on Canada’s northwest coast to export lower-carbo

13 days ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Fossil Energy

Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken steps to streamline its operations in Mexico through a sale of its interests in joint ventures Perforaciones Estratégicas e Integrales Mexicana and Perforaciones Estratégicas e Integrales Mexicana II, known toge

13 days ago
Strohm's manufacturing base in the Netherlands; Source: Strohm
Fossil Energy

Petrobras taps Strohm for up to 1,500-meter deepwater TCP trial offshore Brazil

Dutch thermoplastic composite pipe (TCP) manufacturer Strohm has been hired on an assignment, covering the supply, qualification and offshore trial of thermoplastic composite pipe (TCP) for water injection and gas lift applications in Brazil’s deepwater post-salt province, in a project that will tes

13 days ago
Illustration of FPSO with full scale (100 MW) SOFC installation with integrated carbon capture; Source: MODEC
Alternative Fuels

MODEC, Eld Energy chart path to low-carbon FPSO power with ABS milestone

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, have cleared a key milestone in the new technology qualification (NTQ) process from the American Bureau of Shipping (ABS), advancing their solid oxide fuel cell (SOFC) power system toward deployment on operating floating production,

13 days ago
COSL Innovator rig; Source: COSL Drilling Europe
Fossil Energy

Thumbs-up for Equinor’s North Sea drilling ops with COSL rig

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

13 days ago
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