
Aberdeen-based safety equipment manufacturer Dräger Marine & Offshore has revealed a multi-million-pound investment in a new facility.

Worley, Mitsubishi Heavy Industries Group and Tecnicas Reunidas will be pooling resources for SSE Thermal and Equinor’s project in Peterhead.

Reach Subsea has entered into an agreement with Volstad Maritime for the use of the subsea vessel Deep Cygnus as an ‘important step in the long-term fleet planning strategy’. The agreement was signed for a period of four years, with an option to extend for one year. According to Reach Subsea’s CEO J

Vaalco and TransGlobe have revealed a deal to combine their businesses into a single company to create a full-cycle asset base.

An FPSO, destined for Petrobras’ revitalisation project off Brazil, has left the Cosco Qidong shipyard in China and started its journey.

Instead of the anticipated ramp-up of green investments, WoodMac, points out that pure oil plays still trump low-carbon diversification.

Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.

Norwegian seismic player TGS has made its first renewable energy venture investment with the acquisition of an equity stake in NASH Renewables, a start-up developing Software-as-a-Service (SaaS) solutions for the prospecting, construction and operations of wind energy projects. Led by former Siemens

MMA Offshore has secured a deal for one of its platform supply vessels (PSVs) with OMV for operations in New Zealand.

Saipem’s first sustainability plan, combining business and financial objectives with ESG criteria, has been approved.

Back-deck equipment specialist Maritime Developments MDL has supported engineering and marine services company DOF Subsea with SURF work packages in Angola. The MDL spread consisted of a second-generation reel drive system, four-track 85Te pipelay tensioner and an overboarding chute. It was mobilise

Kistos has entered the UKCS thanks to the acquisition of TotalEnergies’ stakes in several gas fields located West of Shetland.

Australia’s oil and gas company Beach Energy has appointed its Acting Chief Financial Officer (CFO) to the CFO role, effective immediately.

Striving to maintain its position as one of the leading sustainable shipping nations, Norway is investing heavily in hydrogen projects within the maritime sector.