Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor. The post Thumbs-up for Equinor’s North Sea drilling ops with COSL rig appeared first on Offshore Energy.

Canadian oil and gas company Valeura Energy has received the go-ahead for its acquisition of partial stakes in two offshore blocks in the Gulf of Thailand from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP). The post Valeura advances Gulf of Thailand expansion with PTTEP farm-in approval appeared first on Offshore Energy.

Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO and a proposed agreement to buy 1 million tonnes per year (mtpa) from an LNG project being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia. The post Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal appeared first on Offshore Energy.

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken steps to streamline its operations in Mexico through a sale of its interests in joint ventures Perforaciones Estratégicas e Integrales Mexicana and Perforaciones Estratégicas e Integrales Mexicana II, known together as Perfomex, while retaining rig ownership and contract economics. The post Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale appeared first on Offshore Energy.

Dutch thermoplastic composite pipe (TCP) manufacturer Strohm has been hired on an assignment, covering the supply, qualification and offshore trial of thermoplastic composite pipe (TCP) for water injection and gas lift applications in Brazil’s deepwater post-salt province, in a project that will test the technology at water depths of up to 1,500 meters. The post Petrobras taps Strohm for up to 1,500-meter deepwater TCP trial offshore Brazil appeared first on Offshore Energy.

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, have cleared a key milestone in the new technology qualification (NTQ) process from the American Bureau of Shipping (ABS), advancing their solid oxide fuel cell (SOFC) power system toward deployment on operating floating production, storage, and offloading (FPSO) units and opening a potential pathway to high-efficiency, lower-emission offshore power generation. The post MODEC, Eld Energy chart path to low-carbon FPSO power with ABS milestone appeared first on Offshore Energy.

Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has now added about SAR 3.7 billion ($987 million) in backlog and five premium jack-up rigs that increase its global fleet to 128 units, while expanding its offshore footprint into Mexico and strengthening its position in the Saudi market. The post Saipem hands Saudi jack-up fleet to ADES in strategic shallow-water exit appeared first on Offshore Energy.

London-headquartered Lloyd’s Register (LR), a maritime classification and technical services provider, is teaming up with South Korea’s HD Hyundai Heavy Industries (HHI), headquartered in Ulsan, and HD Korea Shipbuilding & Offshore Engineering (KSOE), based in Seongnam, to push hybrid-electric propulsion into the next generation of liquefied natural gas (LNG) carriers (LNGCs). The post Hybrid electric propulsion at the heart of next-gen LNG carrier design appeared first on Offshore Energy.

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied natural gas (LNG) agreement to strengthen Europe’s energy security with LNG sourced from the United States (U.S.). The post Shell and MET Group pen new multi-year US LNG supply deal appeared first on Offshore Energy.

Australian ocean energy developer Carnegie Clean Energy has put a newly opened U.S. wave energy test facility on its list of potential sites for a future demonstration of its wave energy converter technology designed to convert energy from ocean waves into electricity, as the company progresses its deployment roadmap. The post New US wave power test facility on Carnegie Clean Energy contender list for potential CETO demo appeared first on Offshore Energy.