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Aramco suspends ops for Borr and Shelf Drilling rigs for up to a year

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Borr Drilling and Shelf Drilling have received notices of temporary suspension of operations for two jack-up rigs working for Aramco, Saudi Arabia’s energy giant, in the Middle East. The post Aramco suspends ops for Borr and Shelf Drilling rigs for up to a year appeared first on Offshore Energy.

COP29 pledge unites global port industry to ensure climate resilience of ports

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Multi-stakeholder initiative Resilience4Ports has launched the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects of climate change. The post COP29 pledge unites global port industry to ensure climate resilience of ports appeared first on Offshore Energy.

DNV and Seatrium ally on marine and offshore innovation and sustainability

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Norway-based classification society DNV has signed a memorandum of understanding (MoU) with Seatrium, a Singaporean engineering solutions provider to the offshore and marine industries, to cooperate on strategic activities and projects in the areas of engineering, technology and new product design. The post DNV and Seatrium ally on marine and offshore innovation and sustainability appeared first on Offshore Energy.

Singapore’s first all-electric hydrofoil vessel launched

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Singapore-based green technology solutions provider Yinson GreenTech (YGT) has launched the region’s first fully electric hydrofoil vessel, the Hydroglyder. The post Singapore’s first all-electric hydrofoil vessel launched appeared first on Offshore Energy.

Out with the old FPSO after eight years, in with the new one at oil field offshore Brazil

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An FPSO is leaving an oil field off the coast of Brazil after spending eight years there, as another unit prepares to take its place once the field’s operator, Brava Energia gets the remaining requirements out of the way. The post Out with the old FPSO after eight years, in with the new one at oil field offshore Brazil appeared first on Offshore Energy.

UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033

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Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years. The post UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033 appeared first on Offshore Energy.