Marine engine manufacturer Hanwha Engine, part of South Korea’s Hanwha Group, and Swiss marine power company WinGD have marked the production of what is claimed to be the world’s first engine of its kind for installation on liquefied natural gas (LNG) carriers.
As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization
UK engineering and consulting company Wood has secured a contract extension to provide operations, maintenance, modifications, and support services (OMMS) on the assets located on the UK Continental Shelf (UKCS) operated by the Norwegian state-owned energy giant Equinor.
Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.
Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior
UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle.
Transocean has unveiled plans to optimize its fleet by bidding goodbye to four drillships and one semi-submersible rig that are currently stacked, which will reduce the size of its rig fleet.
Poland’s Orlen has signed a contract with Norwegian state-owned energy giant Equinor for the supply of crude oil from a field on the Norwegian Continental Shelf.
Norwegian state-owned energy giant Equinor has obtained a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.
Wison New Energies has signed the engineering, procurement, construction, installation, and commissioning (EPCIC) contract with Türkiye Petrolleri A.O. (TPAO) for the floating production unit (FPU) to be deployed at a project in the Black Sea.
Swiss engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become a partner in the growing cross-sector push to better understand and address methane from liquefied natural gas (LNG)-fueled ships.
Norwegian state-owned oil and gas giant Equinor has found no commercial hydrocarbons in an exploration well in the Barents Sea, which was drilled with COSL Drilling Europe’s semi-submersible rig off the coast of Norway.
Norwegian state-owned energy giant Equinor has proven petroleum in a wildcat well offshore Norway using a rig from the fleet of Switzerland-based offshore drilling contractor Transocean.
As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.
