Unmanned technology systems operator and integrator DroneQ Robotics has signed a partnership with Canadian remotely operated vehicle (ROV) developer SEAMOR Marine to boost ROV solutions.
PGS has completed the sale of the hardware, software and intellectual property associated with its towed streamer Controlled Source Electro-Magnetic (CSEM) system to Ocean Floor Geophysics (OFG). The two parties signed an agreement in September 2020 under which OFG acquired the exclusive rights to u
UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea. However, the company has experienced mechanical challenges during drilling operations, which resulted in an extended duration. As a result, the first gas from IOG’s Core project has b
The UK-based dry bulk shipping company Taylor Maritime Investments is looking to acquire up to six Handysize vessels as it plans to raise $75 million via a proposed non pre-emptive placing of new ordinary shares.
U.S. energy infrastructure company Kinder Morgan will buy U.S. LNG supplier Kinetrex Energy for $310 million.
OPEC and allies have agreed to increase oil production starting from August 2021 with plans to end production cuts by end of September 2022.
Andrew Swiger has decided to retire as senior vice president of ExxonMobil while Kathryn Mikells has been elected as senior VP and CFO.
Activists have occupied a UK government building as part of a protest against the approval of Siccar Point’s Cambo offshore project.
Petrofac has collaborated with James Fisher Asset Information Services to eliminate the need for offshore surveys ahead of modifications.
To reduce emissions, the Canadian goverment will invest up to $35 million for projects led by the British Columbia Center for Innovation and Clean Energy.
John Lawrie Metals, a decommissioning and recycling services provider, has announced two new quayside decommissioning facilities in Scotland.
Eidesvik Offshore has secured a contract with Havfram for the subsea construction vessel (CSV) Viking Neptun. The contract will commence in early January 2022 with a firm period towards the end of the third quarter of 2022. In addition, Havfram stated it had been granted options for further extensio
Cerulean Winds has signed an agreement with px Group to support onshore green hydrogen plants and associated industrial infrastructure at sites in Scotland and England as part of its 200-turbine floating wind-to-hydrogen project in the North Sea. The UK operator of large-scale industrial facilities
The number of offshore rigs in the U.S. remained unchanged last week, according to weekly rig count reports by Baker Hughes.
