Stay up to date with the latest news and updates from the oil industry.
Heightened geopolitical tensions linked to the Iran conflict are driving renewed interest in short-term Power Purchase Agreements (PPAs), as European energy buyers look to shield themselves from price volatility and supply shocks, according to new analysis from Montel.
Leading thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply a 2000 m flowline for one of the West Delta Deep Marine (WDDM) projects offshore Egypt, which is operated by Burullus Gas Co., a JV between EGAS, Shell, and Petronas.
NorSea UK strengthens access to essential marine products across Scotland.
The contract falls within Weatherford’s Well Construction and Completions portfolio.
Aberdeen-based Unity has accelerated its global growth trajectory following a record period, securing more than £6 million in new contracts and committing £1.8 million to enhance its specialist technology portfolio.
Following the completion of the deal, Comtec will continue to operate as usual from its existing locations, with no immediate changes to its name, day-to-day activity, customer contracts, delivery schedules, staffing levels or points of contact.
The new MiQ Registry has capabilities to support crude oil certificates for the first time, and it will help the market prepare for the EU’s upcoming monitoring, reporting and verification (MRV) requirements.
After two profitable bootstrapped years, the Zurich-based industrial AI company will accelerate deployment of its end-to-end thermal monitoring platform across sawmills, recycling, mining, chemical processing, oil and gas, and maritime operations - categories where fire and downtime risk are increasingly outpacing what insurers are willing to cover.
OEM aims to set a new standard for the new iHeat line leading the way for design, quoting, and delivery performance for its customers and partners.
Aquaterra Energy reaches fabrication milestone for NEP CCS system
The Proxxima™ resin system with Goldilocks (GDLX™) technology by Odysea has been chosen to be part of one of the most significant global deepwater projects in the industry.
Final processed deliverables will be available in 3Q27.