Offshore engineering

Arunima Kumar Oct 24, 2023 Credit: JHVEPhoto/AdobeStock Halliburton reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America. Oil and gas companies, who rely on service providers for drilling, well construction, and completion services, are reinvesting record profits from the market disruption caused…

Oct 24, 2023 Saipem 3000 – Credit: Saipem (file image) Italian offshore energy industry services firm Saipem said Tuesday it had completed installation works for the Neart na Gaoithe (NnG) offshore wind farm, located in the North Sea, 15.5km off the east coast of Scotland. Once operational, the 450MW NnG offshore wind farm will able to…