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Growing oil & gas demand brings Perma-Pipe to the UAE
Subsea

Growing oil & gas demand brings Perma-Pipe to the UAE

As a response to the growing demand for the oil and gas industry in the Middle East, Texas-headquartered Perma-Pipe International has opened a new plant in the United Arab Emirates, said to be its largest production facility outside North America. The Abu Dhabi-based facility was inaugurated at an o

about 3 years ago
Illustration; Source: Worley
Subsea

In focus: Tackling energy trilemma with oil & gas industry calling the shots

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With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
UAE firm to convert multi-carrying vessel into cable-layer
Subsea

UAE firm to convert multi-carrying vessel into cable-layer

UAE-headquartered P&O Maritime Logistics has unveiled plans to convert one of its multi-carrying vessels (MCVs) into a cable-laying vessel (CLV) that would be used to connect offshore wind farms with the mainland. The CLV will feature an ultra-shallow draft, engineering grounding capability, and a 4

about 3 years ago
Energean - Abu Qir concession in Egypt.
Subsea

Energean and Shell join forces to investigate decarbonisation solution

Energean Egypt and Shell Egypt have entered a Memorandum of Understanding (MoU) to explore a mutually beneficial decarbonisation solution. According to Energean, the MoU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt, contributing to global efforts

about 3 years ago
In focus: CO2 capture and storage – important element in the green transition
Subsea

In focus: CO2 capture and storage – important element in the green transition

As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the net-zero target. In addition to marine energy, the fast-growing offshore wind sector is also finding its place among oil and gas players. Example number one: SSE Renewables and Equinor, the d

about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Subsea

In Focus: Dealing with the energy trilemma

A new week, new steps in the transformation of the offshore energy sector. In this process the industry is dealing with the energy trilemma: to provide energy that is secure, affordable and lower in carbon.

about 3 years ago
UK-headquartered NDT inspections specialist eyes new markets
Subsea

UK-headquartered NDT inspections specialist eyes new markets

UK-headquartered NDT inspections specialist TSC Subsea has revealed plans to expand to new markets in the Middle East, Africa and South East Asia. The strategic growth plans are said to follow on from one of TSC Subsea’s most successful years to date in which the company established new bases in Bra

about 3 years ago
Ursula von der Leyen, President of the European Commission
Subsea

In focus: Energy transition caught between cooperation and fragmentation

The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect

about 3 years ago
Tekmar Group companies clinch new batch of contracts
Subsea

Tekmar Group companies clinch new batch of contracts

Pipeshield International and Subsea Innovation, Tekmar Group companies, have secured several contracts described as “significant”.

about 3 years ago
Yara Kara, Image by Yara International
Subsea

In focus: Ammonia emerges as a ‘trump card’ as countries dash for energy security

As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.

about 3 years ago
Offshore oil & gas contractors’ top deals in 2022
Subsea

Round up: Offshore oil & gas contractors’ top deals in 2022

Among the top deals, which have been awarded in 2022 are the ones secured by the U.S.-based McDermott and Italy’s Saipem.

about 3 years ago
INTOG leasing illustration (Courtesy of Crown Estate Scotland)
Subsea

In focus: Oil and gas electrification gains ground as offshore energies forge closer ties

Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.

about 3 years ago
Saipem clinches deals worth $1.2 billion in Guyana and Egypt
Subsea

Saipem clinches deals worth $1.2 billion in Guyana and Egypt

Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.

about 3 years ago
Murder on rig: Criminal inquiry into death of British worker on jack-up unit off Qatar ongoing
Subsea

Murder on rig: Criminal inquiry into death of British worker off Qatar ongoing

Qatari authorities have launched a probe into the murder of one of the workers and the attack on another, which took place on an oil rig.

about 3 years ago