Business Briefs

Courtesy Petronas
PFLNG Satu
Production

ConocoPhillips, Shell among successful bidders for latest offshore Malaysia PSCs

Dec. 12, 2024
Petronas, via Malaysia Petroleum Management, has awarded production sharing contracts (PSCs) under the Malaysia Bid Round 2024, opened earlier this year.

Business Briefs

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Trump drill baby drill
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offshore wind
Credit Adobe Stock 847145693 / Courtesy of North Sea Transition Authoriry
new technologies
Courtesy bp
Clair Ridge production
Equipment Engineering

bp extends Wood engineering support agreements

Dec. 8, 2024
Wood signed three agreements with bp on Dec. 5 to provide engineering and project delivery services for capital projects worldwide.
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People on the Move & Company News
People on the move

People on the move

Dec. 6, 2024
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore energy industry.
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offshore wind
Renewable Energy

AI-powered service supports offshore wind performance management

Dec. 6, 2024
Cognitive Business will shortly introduce the AI-powered Virtual Engineer service for offshore wind farm operators.
Courtesy Jamie Baikie/Equinor
Equinor and Shell to create the UK’s largest independent oil and gas company
Company News

Shell, Equinor agree to merge UK North Sea E&P portfolios

Dec. 5, 2024
Shell UK and Equinor UK have agreed to combine their UK offshore oil and gas interests to form a new company.
Courtesy ABS
ABS releases industry update to offshore rules
Company News

ABS releases unified update to offshore rules

Dec. 4, 2024
Update brings multiple rule sets into a single document with risk-based approaches for verifying new technologies.