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World Oil News
The Railroad Commission of Texas assessed $1,346,019 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday. The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. Source
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Seatrium Offshore Technology has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 3. Source
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SUARDIAZ Group has unveiled its new subsea vessel, RS Alegranza, at the Astander shipyard in Cantabria. The vessel will undergo harbor and sea acceptance tests to ensure offshore compliance before beginning operations in the North Sea. Source
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Caterpillar Oil & Gas has launched its new Cat® Dynamic Gas Blending™(DGB) Gen 2 Kit. The solution enables drilling companies to utilize existing 3512C Tier 2 power solutions to lower greenhouse gas (GHG) emissions and reduce total cost of ownership. Source
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Subsea connection systems provider UNITECH Offshore, and thermoplastic composite pipe (TCP) manufacturer, Strohm, have signed a memorandum of understanding (MoU) to develop and commercialize an integrated system for the transportation of fluids and gases. Source
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SBM Offshore announced that its FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. Source
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Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC) Source
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Draeger Safety UK has secured a contract extension with INEOS O&P UK. A direct continuation of the existing work scope, the agreement covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations.  Source
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Repsol has announced a partnership to adopt IBS Software’s iLogistics Control Tower solution, streamlining logistics and providing an end-to-end view of the supply chain to enhance decision-making and operational efficiency across its operations. Source
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Sentinel Midstream’s Texas GulfLink deepwater crude oil export terminal has received key approval its Record of Decision (ROD) from the U.S. Department of Transportation’s Maritime Administration approving its deepwater port license application. Source
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