Saudi Arabia’s Arabian Drilling has signed a contract with an undisclosed company from the Gulf Cooperation Council (GCC). The post Saudi Arabia’s drilling player nets first international contract appeared first on Offshore Energy.
U.S.-based developer of modular onboard carbon capture and storage solutions Carbon Ridge has deployed a centrifugal onboard carbon capture system (OCCS) on an LR2 product tanker ownedy by Scorpio Tankers. The post Carbon Ridge installs industry’s first centrifugal onboard carbon capture system on Scorpio tanker appeared first on Offshore Energy.
As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS). The post UK operator gets $200K fine for vent breaches at North Sea gas hub appeared first on Offshore Energy.
SOHAR Port and Freezone has signed a memorandum of understanding (MoU) with Swiss company HYNAT to develop a natural hydrogen value chain in Oman. The post SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman appeared first on Offshore Energy.
National efforts to decarbonize the maritime transport industry have intensified in Egypt, inching closer […] The post Egypt edges closer to national maritime decarbonization plan appeared first on Offshore Energy.
Air Liquide expects to record the same top line momentum for the rest of this year as a result of improving market sentiment and structural changes, according to CEO Francois Jackow. Speaking on a webinar following the release of positive first half results, he said, “We expect to see the same momentum in terms of project development, with a strong portfolio in electronics and the energy transition. We are extremely focused on the execution … and making significant progress. We were a very decentralised operation and people could pick and choose what they wanted to do – we are much more streamlined and clear on what are the expectations. We will continue to really focus on what we can control, and leverage the transformation initiative to continue to deliver higher profitability.” Internal changes have seen… Read More »Air Liquide confident of maintaining momentum in second half of 2025 | Finance
U.S. oilfield services company Weatherford International has won a contract to deliver drilling services for a project offshore Mexico operated by the Mexican subsidiary of Australia’s oil and gas giant Woodside Energy. The post Weatherford scores multi-well gig at Mexico’s first deepwater oil development appeared first on Offshore Energy.
Allseas and Boskalis have secured a €1.2 billion contract through their 50:50 consortium with […] The post Allseas-Boskalis team wins €1.2B Taiwan offshore pipeline deal appeared first on Offshore Energy.
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online a gas development project off the coast of China. The post China’s gas arsenal grows with another offshore project in production mode appeared first on Offshore Energy.
UK-based syntactic materials company Base Materials has become the first manufacturer of syntactic foam […] The post UK firm gets full DNV type approval across entire subsea buoyancy material range appeared first on Offshore Energy.