Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…
Aberdeen-based well integrity services company has been awarded a three-year contract extension by an unnamed UK North Sea operator.Unity said Wednesday that the contract extension would see the company continue to serve three northern North Sea platforms…
Swiss-based digital twin specialist Akselos has deployed structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria. The Digital Twin is a physics-based model of the asset, which represents its…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Brazilian oil company Petrobras has awarded oilfield services provider TechnipFMC a subsea engineering, procurement, construction and installation (EPCI) scope as part Mero 2 oil field development project offshore Brazil.The Mero 2 project, sanctioned in June 2019…
Offshore wind consultancy firm OWC, part of AqualisBraemar, will be providing engineering support for Mayflower Wind's offshore wind farm development in the U.S.In December 2018, Mayflower Wind, the 50/50 joint venture between Shell and EDP Renewables…
Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions…
Norwegian offshore support vessel owner Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three platform supply vessels.Two vessels Island Crusader and Island Contender, previously operated…
Well-Safe Solutions, a UK-based company specializing in P&A services, has awarded Orca Oceanic Systems a contract for the provision of Dive System Support and Engineering Services onboard its Well-Safe Guardian semi-submersible decommissioning rig…
Petronas Research, a subsidiary of the Malaysian oil and gas giant Petronas, has joined a joint industry project to develop and test a low-cost, topside-less subsea multiphase pump.The company has signed a contract with FASTsubsea, a joint venture between Aker Solutions and FSubsea…
Italian engineering firm Remazel Engineering has won a contract with Bluewater for work on the Jotun FPSO upgrade.The Jotun FPSO which has been producing oil from the Jotun field in Norway's part of the North Sea since 1999, was recently moved by ashore for upgrades…
Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world’s largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.He said Ocyan…
ST Engineering Halter Marine and Offshore has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship and upgraded its Ballast Water Treatment System.The Ocean BlackLion drillship arrived in ST Engineering…
AFRY has been awarded engineering services assignment for Tra Vinh Offshore Wind Farm, a 48 MW wind farm project located in Tra Vinh Province, Vietnam. The project is owned by Truong Thanh Tra Vinh Wind Power JSC, an affiliated company of Thailand's Sermsang Power Corporation (SSP)…
Classification society ABS said it has updated its guides addressing both floating and bottom-founded offshore wind turbines.The revised guides incorporate updated industry best practices and industry feedback, lessons learned from a range of…