editorial

3t Drilling Systems, a globally renowned advanced drilling simulator provider, has been appointed by the International Association of Drilling Contractors (IADC) as its official partner to redesign and deliver the all-new, next-generation of its flagship learning platform, KREW. The strategic partnership will aim to transform how the global well control industry trains and upskills its …

3t Drilling Systems to redefine workforce learning Read More »

Woodside is positioned to become a global LNG powerhouse following our historic decision on 29 April to approve the Louisiana LNG development. Development of Louisiana LNG will enable Woodside to deliver approximately 24 Mtpa from its global LNG portfolio in the 2030s, operating more than 5% of global LNG supply. “Louisiana LNG is a game-changer …

Woodside approves Louisiana LNG development Read More »

MOL Group and Turkish Petroleum signed the concession agreements with the Ministry of Energy of Hungary, granting rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák. The joint bidding and the exploration program are the first important steps since the companies signed a strategic partnership agreement last year. MOL and Turkish …

MOL Group and Turkish Petroleum join forces Read More »

Eni has confirmed the preliminary results of Capricornus 1-X well, in Namibia’s Orange basin, as reported by operator Rhino Resources. The Capricornus 1-X well, spudded on 17 February using the Noble Venturer drillship, reached total depth on 2 April, successfully penetrating the Lower Cretaceous target. The well found 38m of net pay, with the reservoir …

Eni confirms oil discovery in Namibia’s offshore Read More »

Exxon Mobil Corporation has announced an agreement with Calpine Corporation, the US’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) …

Calpine and ExxonMobil sign agreement Read More »

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology. NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics. …

Neste divests its NAPCON technology Read More »

Decom Engineering has reported a promising start to 2025 with contracts valued at more than £2 million secured in the first quarter, positioning the company for further international growth. The subsea cutting specialist has secured a chain cutting scope in the Gulf of Mexico in which it will deploy its new ultra-light and neutrally buoyant …

Growth boosted at subsea cutting specialist Read More »

Two Norfolk-based marine companies are set to play a major role in the construction of the East of England’s newest offshore windfarm – and reap the benefits of multi-million pound agreements – thanks to ScottishPower Renewables. The green energy company – part of the Iberdrola Group – has signed charter agreements worth more than £16 …

ScottishPower signs multi-million vessel agreements Read More »

With construction on Bute Energy’s first onshore wind energy park due to start on-site in late 2025, the company has awarded its first pre-construction contract to family-owned Terra Firma. The £1m contract with will not only provide vital insights to inform construction but will enable the company to recruit new staff from the local area. …

Bute Energy awards £1m contract Read More »