MacGregor, part of Cargotec, has been chosen to deliver RoRo equipment for two of the world's first methanol-fueled Pure Car and Truck Carriers (PCTC) for China Merchant Energy Shipping to be built at China Merchants Heavy Industry (Jiangsu) Co., Ltd. in China. The order was booked into Cargotec’s 2023 third quarter orders. The vessels are to be delivered to the owner between the third and fourth quarter of 2025.
The first components have been fabricated for Mammoet’s SK6000 ring crane. It becomes not only the world’s largest crane, but the highest-capacity electric crane on the planet – behind Mammoet’s own 5,000t capacity SK350.
TotalEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The transaction was completed for an amount of $400 million as at January 1st, 2023, subject to customary price adjustments.
Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland.
TechnipFMC has been awarded a significant (1) contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil.
Argeo, a global leader in robotic and digital solutions for the ocean space, and Shearwater GeoServices Holding, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance (“the Transaction”) for innovating and pioneering new technology and products across the subsea and marine seismic markets.
Talos Energy Inc. and its Mexican subsidiary ("Talos Mexico") announces the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso ("Carso"), a company controlled by the family of the Mexican billionaire Carlos Slim.
Motive Offshore Group (Motive), which specializes in engineering, inspection and rental equipment for the energy sector, has partnered with Emirates Specialized Contracting & Oilfield Services (ESCO), a leading provider of support services to the offshore oil and gas and marine sectors.
Consistent with the requirements of the Inflation Reduction Act (IRA) concerning offshore conventional and renewable energy leasing, the Department of the Interior releases the Proposed Final Program and Final Programmatic Environmental Impact Statement (EIS) for the 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program).
Vår Energi provides an update on the project development portfolio following completion of a baseline review of cost and schedule. In addition, the company narrows the full-year 2023 production guidance range to 210-220 kboepd, while maintaining the end-2025 production target of above 350 kboepd¹.
TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Rosebank project, west of the Shetland Isles in the United Kingdom.
ProSep, a global leader in high efficiency mixing and water treatment solutions, has announced significant expansion in the Middle East through three new contract awards.
Baker Hughes has received two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors.
MidOcean Energy is currently in the process of acquiring interests in four Australian LNG projects, with a growth strategy to create a diversified global LNG business. The strategic partnership with MidOcean Energy marks Aramco’s first international investment in LNG.
The agreement builds on the relationship between Aramco and EIG, which was part of a consortium that acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, in 2021.
Completion of the transaction is subject to closing conditions which include regulatory approvals. Aramco also has the option to increase its shareholding and associated rights in MidOcean Energy in the future.
The US Coast Guard Research and Development Center has signed a Cooperative Research and Development Agreement (CRADA) with Zelim, a start-up based in Edinburgh, Scotland, to jointly explore the potential application and effectiveness of AI-enabled detection and tracking technology in search and rescue.
Patrick Pouyanné, Chairman and CEO, and the members of the Executive Committee presented TotalEnergies’ Strategy & Outlook in New York on September 27, 2023. The webcast of the presentation in English is available on totalenergies.com.
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