Deepocean Acquires Installit To Accelerate Offshore Renewables Growth
DeepOcean Group has entered into an agreement to acquire Norwegian engineering and technology company Installit AS and its subsidiaries to strengthen the group’s offering within offshore renewables. “The acquisition of…
Combination Between Frontline Ltd. And Euronav NV Creating a global leader in the oil tanker industry
Frontline Ltd. (FRO or Frontline) and Euronav NV (EURN or Euronav) are pleased to announce that the companies have signed a term sheet that has been unanimously approved by their…
Asia
Decarbonisation
Energy
Environmental
Oil & Gas Asia
Products & Services
Technology & Innovation
Multinational partnership aims to establish first green e-methanol plant in Southeast Asia
Six leading companies have formed a partnership that aims to establish Asia’s first green e-methanol plant which converts captured biogenic carbon dioxide (CO2) into green e-methanol, a low carbon fuel,…
GD Energy Products launches new timesaving SafeLock valve cover lock for drilling modules
GD Energy Products (GDEP), the leading total solutions provider for the drilling, well servicing and frac pumps market, has launched SafeLock, a hammerless quarter-turn valve cover lock for drilling modules.…
Shearwater GeoServices awarded 3D survey, imaging, and reservoir characterization contract in Korea
Shearwater GeoServices has been awarded the contract for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (KNOC). This is…
SFL Sale of Two Older VLCCs
SFL Corporation Ltd. announces that it has agreed to sell the 2004-built VLCCs Front Energy and Front Force to an unrelated third party. The sales proceeds to SFL are estimated to be approximately $70…
Drilling & Production
Exploration & Seismic
International
Products & Services
Technology & Innovation
Digital oilfield technology and its role in the ongoing digitalization of the global O&G ecosystem
Digital oilfields will emerge as a game-changer for the oil & gas industry as it pivots toward remote monitoring and other technologies for more optimized operations. Technological advancements over the…
Emerson Supports Sustainability with Improved Cloud-Hosted Industrial Control Platform
Zedi Cloud SCADA platform moves to Microsoft Azure for superior scalability and tighter security to help industries meet sustainability goals Emerson, a global software, technology and engineering leader, has improved…
Combination of Keppel O&M and Sembcorp Marine
Keppel Corporation and Sembcorp Marine refer to the joint press release on 24 June 2021 announcing the commencement of exclusive negotiations with a view to combining Keppel Offshore & Marine…
Strohm and PETRONAS join forces to commercialise TCP
Strohm, the world’s first and leading manufacturer of fully bonded, Thermoplastic Composite Pipe (TCP), has signed an agreement with PETRONAS technology commercialisation arm, PETRONAS Technology Ventures Sdn Bhd (PTVSB,) to…
Corrosion Resistant Alloys Breaks Ground On New High Alloy Nickel Tubulars Jit Manufacturing Facility
Corrosion Resistant Alloys, LP (CRA), a just-in-time (JIT) manufacturer of high quality corrosion resistant alloy tubulars, has broken ground on the construction of a new manufacturing facility in Brenham, Texas.…
MHI Compressor International Corporation to deliver equipment for Chevron Phillips Chemical propylene unit
MHI Compressor International Corporation (MCO-I), a leader in the design and manufacture of API centrifugal compressors and steam turbines, has secured a contract to deliver compressor train equipment for Chevron…
Ashtead Technology completes first significant subsea monitoring project using LUMA™ modems
Ashtead Technology has successfully completed its first significant subsea monitoring project using Hydromea’s LUMA™ high-speed through-water wireless optical modems since signing their global rental partnership last year. The project saw…
Macdermid Offshore Solutions Signs Contract With Major Service Company To Supply New Oceanic Environmental Control Fluid
MacDermid Offshore Solutions (MacDermid), the leading provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has entered into a contract with a major service company in Brazil…
NDTCCS & Terra Drone Conducted Online Flare Inspection Using Drones for ADNOC
NDT Corrosion Control Services Co. LLC, one of the largest non-destructive testing (NDT) service providers in the middle east, some time ago succeeded in conducting online flare inspections using drones…