Subsea Technology & Rentals (STR) has secured STAR Capital Partnership LLP (STAR) as its new majority shareholder, as the global subsea sensor equipment and solutions provider sets out an ambitious growth strategy, targeting offshore energy, infrastructure and marine science markets. The investment will enable STR to further evolve its equipment and service offering through organic …
Workers facing redundancy at Ineos’s Grangemouth refinery and construction giant ISG have been offered a job lifeline by ScottishPower. The Glasgow headquartered clean energy giant is looking to recruit 1,000 people next year and urged under threat staff at the firms to get in touch to secure a new role. It says there’s a clear …
ScottishPower offers Ineos workers jobs lifeline Read More »
A US$40 billion challenge lies ahead for Australia’s oil and gas sector as it begins the mammoth task of decommissioning aging platforms. Around 57 offshore platforms are slated for decommissioning over the coming decades, with much of the work expected in the next 10 years. These assets – more than half of which are off …
Cesscon Group to tackle Australia’s US$40bn decommissioning challenge Read More »
Storagetech, a leading provider of engineering solutions for the oil, gas, and petrochemical industries, has successfully completed the delivery of advanced CO₂ storage tank vent absorbers for the Olefins Expansion Project by Orlen in Poland. This project marks a significant milestone as Poland’s first large-scale petrochemical development of its kind. The Olefins Expansion Project is …
Storagetech delivers CO₂ absorbers for Poland’s first project of its kind Read More »
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector. This agreement builds on the successful joint venture in Kazakhstan, where MOL, KMG and Sinopec from China have been producing gas and gas condensate at the Rozhkovskoye field. Under the …
MOL Group signs cooperation agreement with KazMunayGas Read More »
Zeren Group has successfully completed its acquisition of Türkiye Petrolleri (TP Petrol Dağıtım A.Ş.), one of Turkey’s largest fuel retail chains, following the receipt of all necessary regulatory approvals. This acquisition, combined with its previous acquisition of Alpet, strengthens Zeren Group’s position as a leader in Turkey’s energy sector and represents a consolidation of domestic …
Zeren Group completes acquisition of Türkiye Petrolleri Read More »
Glamox, one of the world’s leading lighting companies, has announced contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea. The contracts include around 4,000 connected lights for remotely operated production platforms in the Yggdrasil area, which …
Glamox wins smart lighting contracts for new North Sea platforms Read More »
Paradigm has announced that it has opened an expanded Aberdeen facility to support its continued growth. Aptly named ‘ParaDyce’, the new office is close to Aberdeen Airport. This expansion marks a significant milestone for the company. It will house its growing workforce and asset base, enabling it to deploy technologies that lower the carbon impact …
Decom Engineering has developed a pioneering ‘neutrally-buoyant’ Chopsaw which has proven its capabilities on a landmark North Sea’s decommissioning project. The subsea cutting specialist was tasked by offshore contractor Allseas with designing a Chopsaw specifically for the unique challenges posed by the conductor removal scope for the Brent Charlie platform decommissioning campaign, which required 40 …
Decom Engineering buoyant after success of new project Read More »
International energy transition specialists Well-Safe Solutions has been awarded two new contracts totalling $25m USD for approximately 170 days of firm work, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible. The scopes comprise of well decommissioning activity in the UK Continental Shelf for Spirit Energy and an additional global operator. Both include options for …
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