news

ERGIL products become ADNOC approved

ERGIL, a leading global provider of engineering solutions and equipment for the oil and gas industry, is proud to announce that its Quick Opening Closure (QOC) products have successfully passed ADNOC’s rigorous prequalification process, earning their place on the approved vendor list. This recognition underscores the exceptional quality, safety, and reliability of ERGIL’s QOC products, …

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bp and JERA joining forces

bp and JERA Co., Inc. have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators. The combination will create a global business, to be called JERA Nex bp, with a balanced mix of operating assets …

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STR gears up for growth

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 …

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Cesscon Group to tackle Australia’s US$40bn decommissioning challenge

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 …

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Storagetech delivers CO₂ absorbers for Poland’s first project of its kind

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 …

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MOL Group signs cooperation agreement with KazMunayGas

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 …

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