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CoolCo’s nine LNG vessels sport revamped propulsion drives

Switzerland-based electrification and automation technology provider ABB has upgraded propulsion systems across a fleet of liquefied natural gas (LNG) carriers (LNGCs) owned and operated by Cool Company (CoolCo).   The post CoolCo’s nine LNG vessels sport revamped propulsion drives appeared first on Offshore Energy.

New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag

UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of an interest in West of Shetland gas fields and assets from France’s energy giant TotalEnergies. The move expands the British player’s footprint on the UK Continental Shelf (UKCS). The post New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag appeared first on Offshore Energy.

$25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says

Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Iran, Rystad Energy, an energy market intelligence group, estimates that the Gulf energy infrastructure has the potential to be saddled with $25 billion in repair costs. The post $25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says appeared first on Offshore Energy.

Changes sweep across Karoon’s executive team with CFO and CCTO picks

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has revealed two new appointments to fill the role of Executive Vice President (EVP) and Chief Financial Officer (CFO), alongside the position of EVP and Chief Commercial and Technical Officer (CCTO). The post Changes sweep across Karoon’s executive team with CFO and CCTO picks appeared first on Offshore Energy.

New ‘industry’s first’ for Halliburton, ExxonMobil, Noble, Sekal, and Wells Alliance offshore Guyana

As the industry’s shift from automation-assisted drilling to repeatable, scalable well construction automation continues, the U.S.-headquartered oilfield services player Halliburton has tucked a new milestone under its belt by pooling resources with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team to advance digital well construction off the coast of Guyana. The post New ‘industry’s first’ for Halliburton, ExxonMobil, Noble, Sekal, and Wells Alliance offshore Guyana appeared first on Offshore Energy.

New IMCA president comes from DEME

The International Marine Contractors Association (IMCA) has appointed Hugo Bouvy, Managing Director of DEME […] The post New IMCA president comes from DEME appeared first on Offshore Energy.

Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs in its fleet as a result of the ongoing conflict between the U.S.-Israel alliance and Iran in the Middle East. The post Middle East crisis brings ‘temporary suspensions’ to some ADES rigs appeared first on Offshore Energy.