Oil & gas news

Ninth edition of DNV’s Energy Transition Outlook finds that policy reversals in the US will only have a marginal impact on the global energy transition.

Last Mile Production turns decommissioning liabilities into financeable climate assets via insured, high-integrity carbon tokens.

The order is scheduled for delivery in late 2025. The equipment will support DOF’s extensive subsea operations in Brazil.

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.