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TechnipFMC pick up two contracts with Petrobras

TechnipFMC pick up two contracts with Petrobras UK-headquartered energy technology provider TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it to work on three offshore oil fields in the Brazilian pre-salt area.   TechnipFMC describes its first award as a substantial contract, enabling between $250 million and $500 million to be included in inbound orders in the third quarter of 2024, for the design, engineering, and...

Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow

Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow The new Labour Government has sought to calm nerves within the UK’s North Sea oil and gas sector as the country’s transition to clean energy gathers pace.   The UK Government is set to reassure the North Sea oil and gas sector that the transition to clean energy will be well-considered. Labour plans to ease by ensuring that the shift away from fossil fuels will be managed responsibly, follo...

Saipem Awarded A New Offshore Contract In Saudi Arabia Worth Approximately 2 Billion USD

Saipem Awarded A New Offshore Contract In Saudi Arabia Worth Approximately 2 Billion USD   Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. The value of the contract is approximately 2 billion USD. The award follows the completion of the bidding procedure, and the occurrence of the usual preliminary conditions requested by the client. Saipem’s scope of w...

Saipem awarded $4 billion EPC contract in Qatar

Saipem awarded $4 billion EPC contract in Qatar   Saipem announced in a statement that it has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. The contract value amounts to approximately 4 billion USD. Saipem’s scope of wor...

Imrandd Prevents Costly Caisson Replacement for Australian Operator

Imrandd Prevents Costly Caisson Replacement for Australian Operator   Imrandd has strengthened its global footprint after completing its first contract in Australia for a major upstream operator. The firm has successfully delivered an advanced inspection data analytics and integrity scope which determined the future condition of a caisson on an offshore asset, reliably confirming its integrity until cessation of the production facility and removing the need for a very expensive cai...

SPE Offshore Europe sets challenge of ‘Unlocking Europe’s potential in Offshore Energy’

SPE Offshore Europe sets challenge of ‘Unlocking Europe’s potential in Offshore Energy’    Leading energy event SPE Offshore Europe, is set to return to Aberdeen from 2-5 September 2025 as tens of thousands of delegates will gather to explore the theme ‘Unlocking Europe’s Potential in Offshore Energy’. David Whitehouse, conference chair and CEO of OEUK is leading a 24-strong industry committee from across the supply chain that is developing...

AIF 2024 - Collaboratively Transforming Industrial Inspections by Pushing Autonomous Robotics Boundaries

AIF 2024 - Collaboratively Transforming Industrial Inspections by Pushing Autonomous Robotics Boundaries   The highly anticipated ANYbotics Industry Forum (AIF) 2024 has again proven its role as the leading global platform for industrial inspection robots. This year’s event showcased groundbreaking advances in operational robot deployment, expansion of use cases, and real-life impact. Customers and partners shared first-hand insights and impact, demonstrating the transformative...

Ranked: The Largest Producers of Wind Power, by Country

Ranked: The Largest Producers of Wind Power, by Country   The Largest Producers of Wind Power, by Country Global wind power installations reached a new high in 2023, increasing renewable energy’s share of total power generation to 30%. China continues to be the driving force behind wind power expansion, accounting for nearly 66% of global capacity additions last year. Major wind farms in regions like Inner Mongolia and Xinjiang rank among the largest in the world. By 2030,...

First Marine Solutions Extends Partnership with Montrose Port Authority with Five Year Lease

First Marine Solutions Extends Partnership with Montrose Port Authority with Five Year Lease   Montrose Port Authority has announced that offshore mooring specialist, First Marine Solutions (FMS), has signed a new five-year lease agreement, solidifying the organisations’ existing partnership and reinforcing their joint commitment to driving the energy transition in the North Sea and beyond. Founded in 2009 and headquartered in Aberdeen, FMS has been a key player at Montrose P...

New mini seismic system drives multiple new contracts for STRYDE in academia

New mini seismic system drives multiple new contracts for STRYDE in academia   STRYDE, the leading onshore seismic solutions provider has secured six new contracts with leading academic institutions to provide its solutions, including its newest seismic system, “The STRYDE Mini System”, across the US, Europe, and Africa. The Mini System is a complete nodal seismic system specifically designed to enable small-scale seismic projects, including research projects for the ac...

NNPC, TotalEnergies begin $550m Ubeta gas project

NNPC, TotalEnergies begin $550m Ubeta gas project   The $550 million Ubeta upstream gas project, a joint venture between the Nigerian National Petroleum Company Limited (NNPC Ltd.) and TotalEnergies, has officially commenced operations. The announcement was made by Olu Verheijen, the Special Adviser to the President on Energy, during the inaugural U.S.-Nigeria Strategic Energy Dialogue hosted by the U.S. State Department in Washington, D.C. The Ubeta field, discovered in 1964 an...

Equinor wells prove more oil, gas at North Sea Gudrun field

Equinor wells prove more oil, gas at North Sea Gudrun field   Equinor has discovered more oil and gas at the producing Gudrun field in the Norwegian North Sea. The semisubmersible Deepsea Stavanger drilled exploration wells 15/3-13 S and 15/3-13 A on license PL 025, in 110 m water depth. Well 15/3-13 S encountered thin oil-bearing sandstone layers in the Late Jurassic intra-Draupne formation, and gas in two intervals in the Hugin formation. Well 15/3-13 A also intersected encoun...

Control Valve Solutions Awards Major Contract to ScotAi for Integration of mAint™ - Smart Manuals Capability within its CVS Manager™ System

Control Valve Solutions Awards Major Contract to ScotAi for Integration of mAint™  - Smart Manuals Capability within its CVS Manager™ System   Control Valve Solutions (CVS) Limited, an Aberdeen-headquartered specialist in the repair, maintenance, and management of bespoke Control, Isolation, Pressure Safety, & Emergency Shutdown Valves and related products, is delighted to announce the awarding of a significant contract to ScotAi for the integration of its innovat...

Apollo partners with bp in Trans Adriatic Pipeline

Apollo partners with bp in Trans Adriatic Pipeline   bp and Apollo today announce an agreement for Apollo-managed funds (the “Apollo Funds”) to purchase a non-controlling stake in bp Pipelines TAP Limited, the bp subsidiary that holds a 20% share in Trans Adriatic Pipeline AG (TAP) in a transaction valued at approximately $1 billion. Upon completion, bp will remain the controlling shareholder of bp Pipelines TAP Limited. “We are very pleased to come together wit...

Orsted bags 55MW Irish solar contract

Orsted bags 55MW Irish solar contract   Orsted has secured a contract for a 55MW solar project in the Irish Government’s fourth onshore Renewable Electricity Support Scheme (RESS 4). The solar farm will be built in Ballinrea, located between Carrigaline and Cork City. Average prices for solar in the RESS 4 auction were €104.76 per MWh. Orsted has a total of 24 advanced or operational onshore wind and solar projects in Ireland, including two projects that were clear...

£10m offshore wind contract success for engineering firm - set to open series of new global offices

£10m offshore wind contract success for engineering firm - set to open series of new global offices   A Lisburn-based engineering company has secured contracts worth in excess of £10m with the world’s largest companies in offshore renewable energy. The contracts will see CASC provide a range of products and services on preassembly sites and manufacturing facilities in the UK, EU, US and Asia for turbine OEM Siemens Gamesa, and blade mould manufacturer Dencam Compo...

Client forum set to double in size for fifth year

Client forum set to double in size for fifth year   A market-leading integrated crew management software provider is gearing up to unveil the latest customer-led evolution of its Software as a Service (SaaS) Platform during an annual event which is set to double in size. The fifth annual OnboardXChange client forum showcasing Onboard Tracker™ will take place at Aberdeen’s ONE Tech Hub on September 18th and is set to attract more than 80 key decision makers from the ener...

AREG grows expertise in offshore wind with two board director appointments

AREG grows expertise in offshore wind with two board director appointments   Aberdeen Renewable Energy Group (AREG) has enhanced its board with the appointment of two new directors adding more than 60 years of combined energy sector experience to the existing board of six. Allan MacAskill, technical director at Flotation Energy, and Andrew Wilson, managing director at Coast Offshore, will support AREG’s mission to champion the North-east's renewable energy sector as it co...

Shelf Drilling expands jackup fleet by acquiring Shelf Drilling North Sea

Shelf Drilling expands jackup fleet by acquiring Shelf Drilling North Sea   United Arab Emirates-based jackup rig pure-play Shelf Drilling has announced that it would be merging with Shelf Drilling North Sea (SDNS) and with it enhancing its fleet. Under the plan of merger, SDNS will become a wholly owned subsidiary of Shelf Drilling. Shareholders of SDNS, who represent more than the necessary voting rights to approve the merger have irrevocably decided to vote in favour of the mer...

PetroChina snaps up acreage in global exploration hot spot

PetroChina snaps up acreage in global exploration hot spot   Suriname’s state-owned oil company Staatsolie has awarded PetroChina, a subsidiary of China National Petroleum Corporation (CNPC), production sharing contracts for offshore blocks 14 and 15 after evaluating competing bids for the acreage. Under the PSCs signed on Friday, PetroChina has obtained exploration, development and production rights for blocks 14 and 15. Staatsolie will hold a 30% participating interest in b...
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