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Iran Pens $900M Offshore Gas Field Development Deal

Feb 06, 2023

Iran signed a $900 million contract on Saturday with Iranian Offshore Engineering and Construction Co (IOEC) to develop the first phase of its Kish offshore gas field in the Gulf, state television reported. Under the contract, IOEC is to launch production of 28 million cubic meters per day of gas in 14 months, which is to be sent to installations in Assalouyeh on Iran's Gulf coast via a 210 km (130 mile) undersea pipeline…

Carbon Capture & Storage: A New Lease of Life for Submarine Pipelines?

May 10, 2022

Since 2019, hydrogen and carbon capture and storage (CCS) have risen up the political agenda, globally, offering a route to decarbonization, as well as (more recently), increased energy security. Many are eying use of existing pipeline to make both happen…

The Pipeline Repair Busters: Being ready for the worst case

Oct 22, 2020

Pipeline repair isn’t a frequent activity but when it is needed it’s a critical activity. New tools are being developed and demonstrated to also make it safer and more efficient, and yet challenges remain, such as higher pressure, deeper water…

Barcodes to Drive Down Pipeline Inspection Costs

Oct 22, 2020

Three French companies are working on a pipeline inspection solution that combines ROVs and the use of visual markers - barcodes - directly integrated on subsea pipelines.The solution, being developed by tubular solutions firm Vallourec, smart…

Current News

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

Valeura Makes Three New Oil Discoveries in Gulf of Thailand

EU to Investigate Chinese Wind Turbine Suppliers

EU to Investigate Chinese Wind Turbine Suppliers

Russian Oil Companies Told to Boost Fuel Supply to Domestic Market

Russian Oil Companies Told to Boost Fuel Supply to Domestic Market

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

Borr Drilling Nets Close to $160M in Fresh Contracts for Three Jack-Ups

Papua LNG Project Requires 'More Work' to Reach FID, TotalEnergy Says

Papua LNG Project Requires 'More Work' to Reach FID, TotalEnergy Says

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

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