Oil & gas news

Motive acquires Weld Integrity to boost inspection capabilities and tap into booming Norway offshore energy market.

EnerMech has made a major contribution to a new certification by the American Petroleum Institute (API) for Bolted Flange Joints (BFJ), designed to improve integrity, safety, and reliability across the oil and gas sector.

By uniting complementary strengths, the alliance offers a streamlined, end-to-end solution across the offshore moorings lifecycle – enhancing efficiency, reducing risk and improving schedule certainty for complex offshore campaigns.

The deal encompasses a comprehensive range of OCTG supplies including pipes and VAM premium connections.

The move has bolstered the company’s contract pipeline to $20bn (£14.77bn) over the next 20 years.

The OPEC+ group, comprising eight countries, has agreed to augment its production.

The GGIP aims to sustainably develop Iraq’s natural resources to improve the country’s electricity supply while contributing to its energy independence and reducing its greenhouse gas (GHG) emissions.

If current trends persist, future energy demand will outpace demand expectations in many scenarios, positioning natural gas as the most scalable and responsive solution to meet growing power needs and stabilise grids.

McDermott has been awarded a large offshore subsea contract by PTTEP Sabah Oil Ltd (PTTEP) for the Block H gas field expansion project, located offshore Sabah, in East Malaysia covering the Alum, Bemban and Permai deepwater fields.

TotalEnergies and KOGAS, South Korea’s national natural gas company, announce the signing of a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tpy of LNG over a 10-year period starting from the end of 2027.