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MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Sep 15, 2026

MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit.The companies completed the Technology Feasibility and Concept Verification stage of the American Bureau of Shipping (ABS) New Technology Qualification process for the technology…

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Aug 24, 2026

McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract by ADNOC for work related to increasing gas recovery and production from the Umm Shaif field.The contract, valued over $1 billion, is for Package…

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Jul 30, 2026

Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Jul 24, 2026

BP has advanced the Tangguh Ubadari, CCUS and Compression (UCC) project in Indonesia with the first offshore platform jacket arriving in Fakfak, Papua Barat, marking the start of the offshore installation phase.The jacket completed a 5,800-km…

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

Jul 02, 2026

Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Jun 30, 2026

SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative to support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives…

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Jun 29, 2026

SBM Offshore has signed a contract with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading (CSTC) for the construction of its seventh generic Fast4Ward Multi-Purpose Floater (MPF7) hull.The MPF7 will use SBM Offshore's proprietary…

Floating Nuclear: A New Offshore Energy Frontier

Jun 25, 2026

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Jun 25, 2026

ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1…

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

Jun 17, 2026

Italian engineering, certification and consulting company RINA has secured a contract to provide safety assessment services for Indonesia's Green Hydrogen Hub Project H2WATT, a key initiative being developed by PLN Puslitbang, the research and development arm of state-owned utility PT PLN…

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

May 15, 2026

The new UFC23 sensor combines improved resolution and offset stability with ultra-low standby current, enabling high-end battery-powered water, heat, gas and leak detection meter designs across a wide range of smart metering applications.ScioSense…

Longitude to Integrate SynergenOG Following ABL Group Acquisition

May 13, 2026

Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

May 05, 2026

ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets and increases its total fleet to 170 rigs.The transaction, completed ahead of schedule…

Technology as Enabler of Energy Security in Offshore Asia

Apr 27, 2026

In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security…

Saipem Poised for Middle East Repair Work After Iran War

Apr 23, 2026

Italy's Saipem can win contracts for post-Iran-war repair work in the Middle East by leveraging its long-term relationships with customers in the region, the energy services group's chief executive said on Wednesday.The cost of repairing damage…

Current News

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Oil Goes Down 2% as Saudi Supply Concerns Recede

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

Indonesia Picks Winners for Six Oil and Gas Blocks, Puts Eight More on Offer

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

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