Fossil Energy
Deepwater Subsea changes hands
Singapore-headquartered offshore services provider ModuResources Group has acquired the U.S. Deepwater Subsea, adding industry training and real-time monitoring to its offering. According to ModuResources Group, Deepwater Subsea brings to the company its comprehensive domain expertise of subsea equi
As energy transition plays out, Shell exits Permian with $9.5 bln sale to ConocoPhillips
Shell’s move is in line with efforts to shift its focus on the energy transition while ConocoPhillips believes it will enable it to play a valued role in the transition.
Saipem and Saudi Aramco to explore creating new EPC player in Saudi Arabia
Saipem and Saudi Aramco will explore the possibility of setting up a potential new company in Saudi Arabia for offshore engineering and construction operations.
ADC Energy to evaluate rigs for LNG deployment
ADC Energy announced its latest win in the LNG sector, after securing a contract with a U.S.-based global infrastructure organisation.
TMC hired to supply compressors for Woodside’s Sangomar FPSO
TMC Compressors has been contracted to supply the marine compressed air system for Woodside’s Sangomar FPSO, which will operate in Senegal.
BP starts up Matapal gas project off Trinidad
Oil and gas major BP has achieved the first gas from its Matapal project located in waters offshore Trinidad.
AI-based subsea equipment inspection solution comes to market
Wood and National Energy Resources Australia (NERA) have launched a real-time solution for the inspection of subsea oil and gas infrastructure that is based on artificial intelligence (AI) technology. The Augmented Machine Vision Solution (AMVS) has been developed through the 12 months $288,600 part
Shelf Drilling wins three-year job for jack-up in India
Offshore drilling contractor Shelf Drilling has won a new three-year contract for a jack-up drilling rig for operations off India.
Equinor to pump up gas supply for tight European market
Equinor and its partners have received permission to increase gas exports from two fields in Norway to supply the tight European market.
Wintershall Dea gets cease-and-desist letter from German environmentalists
Wintershall Dea has received a letter from a German environmental association, calling for the company to stop its activities under a warning of legal action.
BP charters Prosafe unit for UK North Sea job
Oil major BP has chartered the Prosafe-owned Safe Zephyrus to support the Seagull project at the ETAP facility in the UK North Sea.
Brazil’s Petrobras commits to net-zero
Petrobras has revealed an ambition to achieve net-zero emissions from operations under its control in a timeframe set by the Paris Agreement.
Fugro wraps up Pensacola geophysical site survey
Fugro GB North Marine has completed the geophysical site survey over the planned Pensacola exploration well location on Licence P2522 in the Southern North Sea.
Strategic Marine launches new fast crew boat design
Singapore’s Strategic Marine has announced the launch of its new Aluminium 42m Gen 4 Fast Crew Boat (FCB) design.