Worley has won a three-year contract with Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico (GOM).Worley will provide professional services in engineering, procurement, project services and support fabrication and construction…
Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook as it sees increased activity from oil and gas companies, with tender activity heading for a new record, it said on Thursday.The company now expects its 2022 revenues to rise by around 30% year-on-year…
A decommissioned North Sea offshore platform, soon to be turned into a giant art installation, arrived in Weston-super-Mare, England, on Tuesday, 12 July, BBC has reported.Last year, Weston-super-Mare, a seaside town in Somerset was selected as home to the installation…
Oil and gas company Neptune Energy has awarded a new contract to oilfield services firm TechnipFMC for the performance of technical services in Norway.Bulding on the existing technical service agreement, TechnipFMC will continue to provide a wide range of engineering…
Mocean Energy has started tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.The Edinburgh-based wave power company is of seven technology developers awarded contracts for phase 1 of the €20 million R&D scheme…
Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.The study will finalize the technical solution for the…
DNV, the independent energy expert and assurance provider, is supporting Belgium's transmission operator Elia to bring forward the construction of the artificial energy island, a large new offshore renewable energy conversion and transmission plant…
Norwegian oil and gas company Vår Energi on Thursday signed strategic partnership agreements with Aker Solutions AS, Havfram, and Saipem for SPS/SURF deliveries, in preparation for record high activity level on the Norwegian Continental Shelf (NCS)…
Wales’ largest electricity producer RWE has entered a partnership with steel maker Tata Steel to explore the production of steel components that could be used in gigawatt-scale floating offshore wind projects in the Celtic Sea.'The co-operation…
Offshore wind developer Ørsted and logistics firm DSV are partnering up to test the use of cargo drones on offshore wind farms, with the aim to bring the spare parts warehouse closer to the service technicians.Ørsted said: 'Offshore wind farms are usually located far from shore…
UK-based subsea equipment specialist Express Engineering has signed a five-year supply agreement to produce a range of precision-engineered Downhole ‘Measurement While Drilling’ (MWD) and ‘Logging While Drilling’ (LWD) products used to deliver data for precise wellbore placement…
NOV confirmed Tuesday it has won contracts for the equipment and design of offshore wind installation firm Cadeler's first F-class jack-up vessel. The recently ordered F-class jack-up, is a custom version of the GustoMSC NG-20000X model designed…
Hitachi Energy and Petrofac have partnered up to provide grid integration and associated infrastructure to support the growing offshore wind market.In 2021, a record 15.7 gigawatts (GW) of capacity were added, compared to around 5.2 GW per year in 2020 and 2019…
Oilfield services provider Petrofac Ltd said on Tuesday it expects modest free cash outflow during 2022 due to delays in cash collections from clients, although it projects net debt to be reduced in the second half of 2022.Shares of the company jumped nearly 5% in early trading…
Engineering group Worley has entered into a global master services agreement with the U.S. oil and gas giant Chevron, covering Chevron’s upstream, midstream, and downstream business needs.The agreement can be used by Chevron’s business units…