Independent integrated solutions provider IKM Testing UK has been awarded a multi-year contract to deliver well integrity services across bp’s portfolio of North Sea assets. The contract also has future provision for supporting bp’s international assets with similar workscopes.

Shell Trinidad and Tobago (through BG International, a subsidiary of Shell plc), announces that production has started on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.



Strohm, the world's first and leading manufacturer of fully bonded, Thermoplastic Composite Pipe (TCP), has signed an agreement with PETRONAS technology commercialization arm, PETRONAS Technology Ventures Sdn Bhd (PTVSB,) to commercialize TCP in the industry and scale its utilization across PETRONAS facilities.

By Christopher Hudson

ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 barrels of oil per day starting in 2025.

Ocean Specialists, Inc. (OSI), has successfully completed a feasibility study for a new submarine cable system in the Arabian Gulf for a prominent oil and gas operator.

Global oilfield consultancy specialist Oil Plus Ltd has secured a £2.5million contract with a North Sea operator to develop and deliver a proactive topsides maintenance resilience and equipment reliability program to help enhance operational efficiency from one of its platforms.

Occidental has announced an agreement with an affiliate of SK Trading International, a subsidiary of SK Innovation Co. Ltd., for the first net-zero oil ⁽¹⁾ created by combining crude oil together with environmental attributes generated from the sequestration of atmospheric carbon dioxide (CO₂) captured via 1PointFive’s planned large-scale Direct Air Capture (DAC) facility and sequestered in Occidental’s enhanced oil recovery (EOR) reservoirs in the U.S. Permian Basin. SK Trading International expects to convert the net-zero oil into net-zero products.

A leading global provider of environmentally friendly solutions, ProSep, has secured a water treatment project with an American multinational corporation on the Scarborough gas resource offshore of Western Australia for a seven- figure value.

TotalEnergies and Sempra are expanding their North American strategic alliance with the signing of two Memorandums of Understanding (MoU): one for the Vista Pacífico LNG export project in Mexico and the other for the co-development of several onshore and offshore renewables projects.

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor.

Deploying more than 2,000 crew members, McDermott successfully navigated both the challenges of COVID-19 and an active monsoon season to deliver a gas field, known as the U-Field, for ONGC's KG-DWN 98/2 Block project.

New Fortress Energy Inc., (NFE), together with its affiliates, has announced that it has concurrently filed applications with the U.S. Maritime Administration, the U.S. Coast Guard and U.S. Department of Energy to request all necessary permits and regulatory approvals to site, construct and operate a new offshore LNG liquefaction terminal off the coast of Louisiana (“the Project”) with a capacity of exporting approximately 145 billion cubic feet of natural gas per year, equivalent to approximately 2.8 million tons per annum (MTPA) of LNG.

Fugro has won a contract to deliver a high-value multi-year seabed Geo-data acquisition and geo-consultancy services to QatarEnergy as part of the redevelopment of the Bul Hanine and Maydan Mahzam fields in offshore Qatar.

VAALCO Energy Inc. has announced that the Company contracted with DOF Subsea to perform subsea construction and installation services to support the subsea reconfiguration associated with the replacement of the existing Floating Production, Storage and Offloading unit (“FPSO”) with a Floating Storage and Offloading vessel (“FSO”) at the Etame field, offshore Gabon.

Following several years of extensive upgrades, the drilling and production platform Njord A is ready for handover to Equinor. Towing it back to the field has started on March 22. The project has provided more than 6,000 man-years in Norway and the Norwegian share of value creation from the project has been around 95 percent.