TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt.

Aker Solutions has been awarded a sizeable^[1] contract from Azule Energy to provide subsea umbilicals for the Ndungu project in Angola.

The Norwegian government has approved the Snøhvit partners' plans for the future operation of Snøhvit and Hammerfest LNG, subject to certain conditions. The approval entails onshore compression from 2028, and electrification of the plant from 2030.

Spirit Energy is experiencing its busiest year-to-date in decommissioning with offshore campaigns across the CNS, SNS and East Irish Sea.

The site survey and inspection of an offshore gas platform in UAE waters was executed entirely from an onshore remote operations center (ROC) using Fugro’s Blue Essence® technology without sending personnel offshore.

Integrated solutions specialists EnerMech has been awarded a five-year multi-million contract by TotalEnergies EP Congo for crane and lifting maintenance at a new facility to be built at Pointe-Noire, the second largest city in Congo.

Unity, Europe’s largest provider of well integrity solutions, has signed a partnership agreement with Hiber, a Dutch IoT-as-a-service provider, to bring its HiberHilo solution to the UK and European market. HiberHilo is an all-in-one remote monitoring and management solution - hardware, software, and satellite connectivity - that is easy to install and use. It is designed to improve efficiency and safety.

TechnipFMC has received a significant⁽¹⁾ award by Azule Energy to supply flexible pipe for its Ndungu project, offshore Angola.

The Bureau of Safety and Environmental Enforcement has awarded two contracts for the decommissioning of nine orphaned wells in the Matagorda Island area, in federal waters approximately 12 miles off the Texas coast.

DOF Group has been awarded a significant SURF Contract in the region of USD 80-100 million for a tier one Contractor and Operator in West Africa, with 326 days firm utilization, and 75 optional days, for the Skandi Acergy commencing in Q4 2023.

Saipem has been awarded two new contracts for E&C offshore activities in Europe, specifically in Romania and in Germany, with a total value of approximately 1.8 billion euro.

Shelf Drilling, Ltd. announces that a subsidiary of Shelf Drilling (North Sea), Ltd has secured a contract for the Shelf Drilling Fortress jack-up rig with CNOOC Petroleum Europe Limited for operations at the Golden Eagle platform in the UK Central North Sea. The firm term of the contract is two wells, approximating to between four and five months.

Spending on conventional oil and gas exploration is growing and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for.

The U.S. Gulf of Mexico (GOM) is crucial to domestic offshore energy production, protecting people and the environment is of principal importance to the oil and gas industry. In an effort to enhance monitoring capabilities and comply with new regulations, HWCG LLC (HWCG), a consortium of deepwater operators in the GOM, is leading the development of a Surface Dispersant Monitoring (SDM) Program.

The oil and gas industry has relied on traditional computers to tackle their mathematical challenges for decades. Despite the significant improvements in the speed and precision of classical supercomputers, they can sometimes fall short when calculations involve multiple variables. This limitation could be overcome with quantum computers, which, in theory, can perform some of the most complex computations, says GlobalData, a leading data and analytics company.

bp and OMV have signed a long-term sale and purchase agreement (SPA) covering supply of up to 1 million tonnes of liquefied natural gas (LNG) per year for 10 years from 2026.