Latest News - page 51

 

SLB Launches Carbon Storage Well Integrity Assessment Tool

Aug 27, 2024

SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity.Establishing secure storage sites is essential to…

Cadeler Boasts Record High Order Backlog

Aug 27, 2024

On release of its interim financial report 2024 Cadeler reports that it has delivered results in line with expectations and achieved a record high order backlog.The world’s largest operator in offshore wind installation, operation, and maintenance…

Havila Shipping Reports Quarterly Profit

Aug 27, 2024

Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea…

Meet ZEUS, a Proposed Zero-emission Power Station

Aug 27, 2024

Aker Solutions, PETRONAS Carigali Sdn. Bhd., MISC Bhd and Clean Energy System Inc, signed a Memorandum of Understanding (MOU), effectively commencing the Zero Emission Power Station (ZEUS) pilot project, an energy solution that uses oxyfuel combustion with immediate CO2 capture and storage…

TGS and Petrobras Enter Tech and Research Partnership

Aug 27, 2024

Norwegian seismic company TGS announced it has entered into a partnership with Brazilian state-owned energy company Petrobras to collaborate on scientific research and technological development activities in Brazil.Under the memorandum of understanding (MOU)…

Egypt Launches Tender for Oil and Gas Exploration

Aug 27, 2024

Egypt's petroleum ministry on Tuesday announced an international tender seeking bids for natural gas and crude oil exploration in the Mediterranean Sea and the Nile delta, 10 offshore blocks and two onshore blocks.The deadline for bids is Feb…

Johan Castberg Oilfield Expected to Reach Full Output in H1 2025

Aug 27, 2024

Equinor's Arctic Johan Castberg oilfield is expected to reach full production of some 220,000 barrels per day in the first half of 2025, a senior company official said on Tuesday.The oilfield in the Norwegian part of the Barents Sea is set to…

Strategic Marine Delivers Fast Crew Boat Pair to ADNOC L&S

Aug 27, 2024

Singapore-based shipbuilder Strategic Marine announced it has delivered two 42-meter Fast Crew Boats (FCB) to ADNOC L&S, the global energy maritime logistics arm of UAE's ADNOC Group.The 42m FCBs are equipped with advanced technology such as…

Woodside Profit, Dividend Beat Estimates

Aug 27, 2024

Australia's Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat market expectations, sending shares up 4%.Chief Executive Meg O'Neill said there had been a flood…

Namibia: The Newest Most Promising Deepwater Rig Demand Hotspot

Aug 27, 2024

Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs.According to Westwood’s Wildcat, “the…

New Emergency Vessel Part of Equinor Plan to Fortify Barents Sea Safety

Aug 27, 2024

Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea.'Together with the other operators, the authorities and the supply industry, we have through 50years developed the preparedness…

LR Type Approval for Zelim Swift Man Overboard Recovery System

Aug 27, 2024

Zelim’s SWIFT man overboard recovery device has received full type approval from classification society Lloyd’s Register, paving the way for the maritime industry’s widespread use of the sea survival safety system.Did You Know? It is estimated…

KOTUG Vessels Support ENI Congo LNG Project

Aug 27, 2024

KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU)…

Woodside Reduces Unit Production Costs Despite Inflationary Environment

Aug 27, 2024

Woodside Energy has released its half-year financial highlights citing a net profit after tax of A$1,937 million ($1.3 million) and underlying net profit after tax of A$1,632 million ($1.1 million).Operational highlights include the delivery of 89…

TGS Broadens Market for its Geophysical Imaging Software

Aug 27, 2024

TGS has entered the software solutions market with Imaging AnyWare – a proprietary TGS enterprise processing system designed to enhance subsurface imaging and integration projects.Imaging AnyWare is used globally across various geological basins…

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