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Wood secures $120 million extension with Shell

John Wood Group PLC has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction to onshore and offshore assets across the UK. The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus …

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Construction underway on subsea electricity superhighway

Construction has started on a subsea electricity superhighway which will help expand the grid for the future. As well as supporting long-term local development for regional communities playing host to the critical electricity infrastructure. Eastern Green Link 1, a joint venture between SP Energy Networks and National Grid Electricity Transmission, will transport green electricity for …

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Bluewater to sell Apex International Energy

Bluewater, the specialist energy private equity firm, has signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in the prolific Egyptian upstream market. Pursuant to the purchase agreement, subject to the fulfilment of governmental approvals and customary conditions precedent, Apex will be bought by …

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Pipetech launches game-changing tech

Flow remediation specialist, Pipetech, has announced the launch of its revolutionary Downhole Scale Remediation (DSR) technology, set to redefine wellbore cleaning solutions for the global energy sector. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this innovation promises to redefine wellbore cleaning solutions while advancing sustainable practices. The DSR directly addresses long-standing …

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WEG supplies major UAE sustainability project

WEG, a leading electric motor, variable frequency drives and gearbox manufacturer, will support a major UAE oil and gas organisation in reducing its onshore operations’ environmental footprint. WEG’s integrated drive solutions, including electric motors, variable speed drives (VSDs) and transformers, will help maximise efficiency, reliability and safety in critical water injection operations. The $2.4 billion …

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