Strohm has been contracted to manufacture and deliver two thermoplastic composite pipe (TCP) flowlines to Australian liquefied natural gas (LNG) developer Woodside Energy. The technology will form an integral part of the relief well emergency response plans for the well construction phase of the Scarborough field development.
Japan’s Inpex (TYO:1605) has filed a claim for $975 million against South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) relating to the construction of a floating production storage & offloading (FPSO) vessel for its Ichthys LNG project in Australia.
Shell (LON:SHEL) has finalised its $1.55 billion acquisition of Indian renewable energy developer and operator Sprng Energy from Actis Solenergi. Significantly, the solar and wind power assets that Shell acquires through the deal will triple the oil and gas company’s renewable energy capacity in operation, it said on Tuesday.
Crown Estate Scotland has opened the Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, a crucial step in lowering emissions from North Sea oil and gas production.
North Sea producers Serica Energy (LON: SQZ) and Kistos (LON: KIST) have confirmed neither party will make a final offer on the other, drawing a line under a series of takeover bids.
Strikes are still on the cards at Montrose despite Baker Hughes (NASDAQ: BKR) making a new deal for workers.
Aberdeen University has bagged £220,000 to boost a project aimed at creating a process for obtaining hydrogen from organic waste.
Europe’s energy security took another hit after Russian crude flows through Ukraine to Hungary, Slovakia and the Czech Republic were halted because sanctions prevented payment of a transit fee.