Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan.NMDC Group, through its subsidiaries NMDC Dredging and Marine and NMDC Energy, will be responsible for the design, construction, and installation of offshore pipelines at depths ranging from 10 meters to 55 meters…
Russian Foreign Minister Sergei Lavrov said on Tuesday that the potential bankruptcy or sale of the operator of the completed but never launched Nord Stream 2 gas pipeline would amount to 'theft'.Lavrov, speaking at a news conference in Moscow…
Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed…
Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1…
A Finnish court today denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. The incident was one of several since 2022 in which…
McDermott has opened a welding and technology center of excellence at the Oilfields Supply Center in Dubai's Jebel Ali Freezone. It encompasses over 4,100 square meters of office and workshop space and capacity for 250 personnel.The new premises…
Russian energy company Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war.Barring a last-minute surprise deal…
Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…
Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday.In January to November, supplies of pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres…
Ocean services provider DeepOcean has taken full ownership of the pipeline repair and subsea intervention (PRSI Pool Services) contract with Equinor, formerly operated in a joint venture (JV) between DeepOcean and TechnipFMC.The transaction…
U.S. pipeline operator Energy Transfer said on Thursday its unit has entered a 20-year LNG sale and purchase agreement with oil and gas major Chevron.Under the agreement, the unit, Energy Transfer LNG, will supply 2.0 million tonnes per annum…
Brazil's Brava Energia has signed an agreement with PetroReconcavo to sell 50% of its natural gas processing infrastructure in the Potiguar basin for $65 million.As part of the partnership agreement with Brava Energia, PetroReconcavo will buy…
Fugro has started conducting comprehensive ground investigation for a CO2 highway, off the coast of Belgium, part of a 1,000-kilometer-long planned pipeline by Equinor to transport CO2 between mainland Europe and Norway.Under the contract, Fugro…
Saudi state-owned oil giant Aramco has hired Subsea7 for the replacement of pipeline at its Abu Safa field, offshore Saudi Arabia, under contract worth up to $300 million.The contract scope includes the decommissioning of existing subsea facilities as well as engineering…
Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U…
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