Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as […] The post Aker Solutions cuts workforce and capacity due to lower activity outlook appeared first on Offshore Energy.
Energy firms Moeve and Galp are to explore combining downstream activities in the Iberian peninsula in a bid to become a bigger force in European energy and mobility. The tie-up would create a scalable industrial platform that integrates refining, trading, chemicals, green molecules (biofuels and hydrogen) and retail service stations across Spain and Portugal. Moeve’s current shareholders, Abu Dhabi sovereign wealth fund Mubadala and global investment firm Carlyle, would hold a controlling interest in the industrial combination, with Galp holding above 20%. The plan is to develop ‘integrated multi-energy hubs’ which would support the development and deployment of low-carbon fuels and technologies and support decarbonisation in hard-to-abate sectors. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles!… Read More »Moeve and Galp discuss downstream tie-up in Spain and Portugal | Spain Gas News
The UAE’s energy heavyweight Abu Dhabi National Oil Company (ADNOC) has put the pen to paper for its ambition to boost its natural gas arsenal by propelling a gas project off the coast of Abu Dhabi, UEA, into execution phase with a final investment decision (FID). The post ADNOC casts the die for gas project as FID seals path to development appeared first on Offshore Energy.
Asia-Pacific, APAC for short, is a vast and populous region that is developing rapidly. It is home to more than 4.3 billion people today – about 60% of the world’s total population. APAC is a central player in the global industrial gases market, both in terms of demand and future growth potential. It accounts for the largest share of global industrial gas consumption, driven by its vast industrial base, rapid urbanisation, and continued infrastructure expansion. Countries like China, India, Japan, South Korea, and Southeast Asian nations are key contributors, each at different stages of industrial maturity. China alone represents a significant portion of global demand due to its enormous steel, electronics, chemical, and manufacturing sectors. India, for its part, is quickly catching up, propelled by strong growth in sectors like healthcare, refining, automotive, and clean… Read More »Best of 2025: gasworld Intelligence on Asia-Pacific (November 2025) | Business Intelligence
Singapore’s first electric tug, built by PaxOcean Group and powered by ABB, has completed […] The post Singapore’s first electric tug commissioned ahead of April deployment appeared first on Offshore Energy.
Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant. The post Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in appeared first on Offshore Energy.
South Korean LS Cable & System and Korea Electric Power Corporation (KEPCO) have entered […] The post South Korean duo working together to globalize HVDC asset management solutions appeared first on Offshore Energy.
Elena Scaltritti, currently Chief Commercial Officer at Danish technology firm Topsoe, has been appointed President and CEO from 1 June. She replaces Roeland Bann, who steps down after six years. Scaltritti joined Topsoe in 2022 and has been responsible for growing low-carbon and renewable fuels alongside conventional business. Previously she was Executive Vice President at Songwon Industrial Group. Jeppe Christiansen, Chairman of Topsoe, said the next couple of years “will be defining for Topsoe” with large investments in innovative technologies and solutions ready to be scaled. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this full article and gasworld’s daily… Read More »Topsoe promotes CCO to new President and CEO | New Appointments
Sapura Offshore, an indirect wholly-owned subsidiary of Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has secured new work orders for offshore transportation and installation (T&I) activities off the coast of Malaysia. The post Petronas hands out more work to Vantris offshore Malaysia appeared first on Offshore Energy.
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. The post Evaluation coming up next to shed light on early indications of gas presence offshore Australia appeared first on Offshore Energy.