A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and storage (CCS) market dominance, potentially threatening to undermine competition, raise costs, and curtail innovation. The post Saipem-Subsea7 merger under the microscope as EU flags competition concerns appeared first on Offshore Energy.

Karoon Energy, an ASX-listed oil and gas exploration and production company, has confirmed an uptick in operating efficiency at a floating production, storage, and offloading (FPSO) unit deployed on an oil field off the coast of Brazil. The post FPSO efficiency at Brazilian oil field surpasses target range to hit 97% appeared first on Offshore Energy.

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediary holding company for HD […] The post Shipbuilding takes digital leap with virtual platform to connect entire process appeared first on Offshore Energy.

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has seen a drop in output at its asset in the Gulf of America (U.S. Gulf of Mexico) following a riser leak; however, the start-up of a sidetrack well is supporting near-term production, as the company and its joint venture (JV) partners move forward with a structured remediation plan to replace the riser. The post Harbour Energy’s US arm advances repair plan after riser leak at Gulf of America oil & gas asset appeared first on Offshore Energy.

Allseas’ Solitaire, one of the world’s largest pipelay vessels, is heading back to sea […] The post Allseas’ large 28-year-old pipelayer returns to sea after major 10-month upgrade appeared first on Offshore Energy.

French provider of tubular solutions Vallourec has secured a new contract for the Atapu-2 project […] The post Allseas places order with Vallourec for Petrobras’ Santos Basin development appeared first on Offshore Energy.

Dutch gas infrastructure company Gasunie has launched a public tender seeking a long-term power […] The post Gasunie launches tender for 10-year offshore wind PPA in Netherlands appeared first on Offshore Energy.

U.S.-headquartered energy services provider Expro has brought Enhanced Well Technologies Group (Enhanced Drilling) into its fold, extending its drilling technology capabilities. The post Expro eyeing market growth after broadening drilling tech offering with acquisition of Norwegian firm appeared first on Offshore Energy.

PosHYdon, the first project in the world to combine offshore wind power, hydrogen production, […] The post North Sea pilot project produces first green hydrogen on operational platform  appeared first on Offshore Energy.

GTT Marine, a division of France’s Gaztransport & Technigaz (GTT), has been tasked with deploying its integrated vessel performance solutions across a fleet of liquefied natural gas (LNG) carriers (LNGC) on hire with Malaysia’s energy giant Petronas. The post GTT’s integrated digital toolkit enhances Petronas-chartered LNG vessel fleet appeared first on Offshore Energy.