Business & Finance

TMC to deliver compressor system for Petrobras FPSO
TMC Compressors has been contracted to supply a large marine compressed air system for Petrobras’s Mero 3 FPSO.

Baron Oil receives initial products from Chuditch 3D seismic reprocessing
Baron Oil’s Timor-Leste subsidiary SundaGas Banda Unipessoal has received interim products from the seismic reprocessing of 1,270 km2 of 3D seismic data along the trend of the Chuditch-1 gas discovery.

Maersk Training elects new CEO to expand in energy and maritime markets
Maersk Training has appointed a new CEO in push to expand its footprint in offshore energy and maritime markets.

TechnipFMC wins largest-ever surface technologies contract
TechnipFMC, through Gulf Automation Services and Oilfield Supplies, has signed a “major” ten-year framework agreement with the Abu Dhabi National Oil Company (ADNOC) for wellheads, trees, and associated services.

Technip Energies to update FEED on mega gas project in UAE with CO2 capture included
Technip Energies has been awarded a contract by ADNOC to update the FEED for the Ghasha project including the integration of carbon capture.

Sabah govt and Petronas team up to realise full potential of oil & gas industry
Petronas and the Sabah state government have teamed up to progress and evolve the oil and gas industry in this Malaysian state.

WATCH: BP’s giant Argos platform arriving home in Gulf of Mexico
BP’s giant Argos platform has reached its final location in the U.S. Gulf of Mexico following a journey from a yard in Texas.

CDB Leasing becomes new owner of 9 TORM tankers
Chinese leasing company China Development Bank Financial Leasing (CDB Leasing) has bought nine petrochemical tankers from Danish shipping company TORM.

McDermott lands three new Saudi awards
McDermott has been awarded three new contracts by Saudi Aramco for engineering, procurement, construction and installation projects.

Tidal energy innovators take share of £116M UK government investment
Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.

Skandi Neptune on a break in Rio de Janeiro amid OBN campaign
DOF Subsea’s construction support vessel (CSV) Skandi Neptune has completed the first stage of the ocean bottom node (OBN) 4D seismic campaign on the Jubarte field in the Campos Basin offshore Brazil.

EuropeWave picks lucky seven
The €20 million EuropeWave scheme has selected seven wave energy projects for support to further develop their device concepts in the first half of 2022.

Wood put in charge of FEED services on two Saudi Aramco oilfields
Wood has secured a contract with Saudi Aramco to deliver services for two of its oilfields in Saudi Arabia.

Höegh LNG offers buyout of Höegh LNG Partners
Norway’s floating terminal projects company Höegh LNG wants to buy all publicly held common units of the Bermuda-based Höegh LNG Partners in exchange for $4.25 in cash per common unit.