Japanese giant MODEC has entered into a front-end engineering and design (FEED) contract with engineering company SAMSUNG E&A for a pilot project to install a modular carbon capture technology developed by U.K.’s Carbon Clean on MODEC’s floating, p…
MODEC teams up with Samsung to equip FPSO with ‘groundbreaking’ carbon capture tech Read More »
U.K.-headquartered energy giant BP has introduced what it calls a “fundamentally reset” strategy focusing on more investments in the oil and gas sector and limiting those related to energy transition.
The post BP pivoting back to oil & gas and cutt…
BP pivoting back to oil & gas and cutting transition spending by $5B in reset strategy Read More »
South Korea’s Samsung Heavy Industries (SHI) has held the launching ceremony for a floating liquefied natural gas (FLNG) production facility it is building for Malaysia’s Petronas.
The post SHI launches hull for giant FLNG unit, third in Petronas’…
SHI launches hull for giant FLNG unit, third in Petronas’ fleet Read More »
Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, and partners have held a steel-cutting ceremony for a floating storage and offloading (FSO) unit destined for an oil field offshore Viet…
Construction begins on FSO bound for Vietnam’s oil field Read More »
Wood has been approached by architecture and engineering consultancy Dar Al-Handasah Consultants Shair and Partners Holdings (Sidara) regarding a possible takeover.
The post Sidara’s takeover of Wood back on the table appeared first on Offshore Energy.
Sidara’s takeover of Wood back on the table Read More »