Mauritius is inviting international investors to establish and operate a floating power plant as the Indian Ocean island nation seeks to address its growing energy needs, according to a tender issued by the state-owned Central Electricity Board…
BMT has secured a contract by McDermott International to deliver an Integrated Marine Monitoring System (IMMS) for the Woodfibre LNG facility in Squamish, British ColumbiaWoodfibre LNG is poised to become the world’s first net zero LNG export facility…
Australia's Woodside Energy, which operates Senegal's Sangomar oil and gas field, has filed a complaint with the World Bank's International Centre for Settlement of Investment Disputes against the West African country over taxes, a spokesperson for the company said on Monday…
OEG has secured a three-year contract with an international oil major to supply logistics equipment for its operations in North America. The agreement includes optional extensions for up to five years, OEG said.OEG will provide its cargo carrying units (CCUs)…
McDermott has published its 2024 Sustainability Report, highlighting increased renewable energy source to 80% of grid electricity demand across its operations.The company also achieved a 35% reduction in carbon intensity and ISO 50001 energy management certification at four major fabrication yards…
Holland Home of Wind Energy (HHWE) and NMT-IRO will officially merge as of January 1, 2026.Trade organization NMT-IRO is a close-knit network of Dutch shipyards, suppliers and service providers.The merger brings together two organizations that…
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major U.S. companies.The MoUs and agreements…
Woodside Energy’s Scarborough energy project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).Constructed separately at two different fabrication yards in China…
Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drilling rigs.The contract, deemed as significant by ARO Drilling, marks a key milestone in the…
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued…
Copenhagen Infrastructure Partners (CIP), through its flagship fund CI V, has entered a power purchase agreement with Google for the Fengmiao I offshore wind farm in Taiwan.The agreement is the second PPA between Google and CIP on offshore wind…
Lloyd’s Register (LR) has awarded an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement to Orbital Marine Power for its O2-X tidal energy converter.The IECRE is a global renewable energy conformity assessment…
The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…
Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…