Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field. Equinor has received a total payment of USD 2.33 billion for its 40% operated interest. After adjustment for a deposit paid by PRIO and cashflow received by Equinor after the …
Equinor transfers operatorship of Peregrino to PRIO Read More »
OMV, Austria’s integrated energy, fuels and chemicals company, and Masdar, a global clean energy leader, have signed a binding agreement to establish a joint venture (JV) for the financing, construction and operation of the 140 MW green hydrogen electrolyzer plant in Bruck an der Leitha, Austria. This landmark project will be one of Europe’s largest …
OMV and Masdar sign binding agreement for green hydrogen plant in Austria Read More »
Aether Fuels, a sustainable aviation fuels producer, and Aster, a leading provider of energy and chemical solutions in Southeast Asia, have signed an agreement to develop the first next-generation, commercial-scale SAF production facility in Southeast Asia at Aster Pulau Bukom in Singapore. Combining Aether’s breakthrough technology with Aster’s deep expertise at its Singapore fully integrated …
WellSense, a specialist in fibre optic well diagnostics, has developed a groundbreaking, single-use, jet-propelled and battery powered well conveyance technology, able to rapidly deploy bare fibre into highly deviated wells. The conveyance system has been designed to improve the speed, quality, cost and efficiency of diagnostic surveys in horizontal wells. WellSense successfully completed a technology …
World-first well conveyance technology completes successful trial Read More »
Sercel has announced that it has been awarded a major contract by India’s Oil and Natural Gas Corporation (ONGC) to supply a large-scale 528 cable-based land seismic acquisition solution. The order includes three 528 acquisition systems, representing a total of 24,000 channels, and 24,000 SG-5 geophones, with delivery scheduled before year end. ONGC will deploy …
Subsea cutting technology specialist Decom Engineering (Decom) has launched a new range of onshore hydraulic Chopsaws aimed at the civil engineering, demolition and decommissioning sectors. TorqCut draws on Decom’s long track record of subsea cutting project success to deliver land-based cold-cutting solutions for piles, pipelines, demolition materials and more – eliminating the heat, fumes, HSE …
Decom Engineering launch new onshore sector Chopsaw Read More »
OLT Offshore LNG Toscana has announced the success of the first auctions for the allocation of available capacity for the new Small Scale LNG (SSLNG) service, which concluded with the allocation of the auctioned product consisting of 12 slots of 7,500 liquid cubic meters each, distributed monthly from November 2025 to November 2026. FSRU Toscana …
ADIPEC 2025, the world’s largest energy conference and exhibition, opened this week in Abu Dhabi, uniting world leaders under the theme ‘Energy. Intelligence. Impact.’ At the Opening Ceremony, His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, delivered the opening address before an …
LaMOT Valve & Arrestor, a global leader in pressure and vacuum relief solutions, has released the Models L22E & LV22E Emergency Relief Valves, engineered to deliver rapid overpressure protection with industry-leading sealing performance and exceptional flow rates.
Ocean services provider DeepOcean has been appointed to support the decommissioning of subsea infrastructure at oil and gas fields in Western Australia.
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