Reallocate Procurement Capacity Ahead of Offshore Project Surges

” While engineering and project management activities will be led from McDermott’s offices in the United Arab Emirates, fabrication will be carried out at QMW, the firm’s joint venture fabrication yard in Qingdao, China. Angela De Vincentis, McDermott’s Vice President of Operations at Offshore Middle East, highlighted: “We are proud to expand our role in the advancement of the Umm Shaif field in a strategic and reliable manner and in line with ADNOC’s vision for sustainable energy growth

“Leveraging our extensive regional experience and integrated execution capabilities, we look forward to supporting ADNOC’s production objectives and contributing to the UAE’s long-term energy ambitions. ” While engineering and project management activities will be led from McDermott’s offices in the United Arab Emirates, fabrication will be carried out at QMW, the firm’s joint venture fabrication yard in Qingdao, China

” While engineering and project management activities will be led from McDermott’s offices in the United Arab Emirates, fabrication will be carried out at QMW, the firm’s joint venture fabrication yard in Qingdao, China

This collaboration is a transformative step for the future exploration of high-impact opportunities on the NCS. “It has the potential to unlock access to material new discoveries that can support long-term production, create value for our stakeholders and contribute to maintaining Norway’s position as a secure and responsible supplier of energy to Europe

The trio has agreed to combine expertise, data, technology and exploration capacity to explore selected high-impact exploration opportunities

Odfjell Drilling’s Deepsea Stavanger rig; Source: Rune Samuelsen/Equinor The three companies are establishing a strategic exploration collaboration to pursue some of the largest remaining opportunities on the NCS to increase the chances of major discoveries that can support new standalone field developments and long-term value creation

Home Fossil Energy WATCH: $17

). Louisiana LNG project; Source: Woodside The Louisiana LNG project on the U

Since announcing a final investment decision (FID) more than 14 months ago, activities at the site have ramped up, with two massive LNG storage tanks and three LNG trains under construction, as Woodside confirms that the project remains on budget. Rachel Archer, Acting SVP Louisiana LNG, commented: “Louisiana LNG continues to make strong progress as we safely advance construction and deliver key project milestones

Illustration; Courtesy of DNV DNV has agreed to acquire WellSpot from Equinor. This wellhead fatigue software, renamed Wellhead Fatigue Manager, brings well data, analysis, and standardized workflows into one place, so operators can track and manage accumulated fatigue damage throughout the life of a subsea well

This wellhead fatigue software, renamed Wellhead Fatigue Manager, brings well data, analysis, and standardized workflows into one place, so operators can track and manage accumulated fatigue damage throughout the life of a subsea well. The platform integrates DNV-RP-E104, the recommended practice for wellhead fatigue analysis in use by more than 400 companies in 55 countries, and replaces fragmented, one-off engineering assessments with continuous, data-driven fatigue management

Home Fossil Energy DNV augments subsea toolkit with Equinor’s wellhead fatigue tech August 24, 2026, by Norwegian assurance and risk management company DNV is expanding its subsea technology offering by buying Equinor’s wellhead fatigue software, which the compatriot energy giant has developed and used for the past 15 years. Illustration; Courtesy of DNV DNV has agreed to acquire WellSpot from Equinor