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Defense technology firm buys Dive Technologies
Business & Finance

Defense technology firm buys Dive Technologies

Defense technology company Anduril Industries has acquired Boston-based subsea robotics designer and manufacturer Dive Technologies. Anduril said that this acquisition expands its suite of autonomous systems, extends its unmanned capabilities to the undersea domain, and significantly accelerates its

about 4 years ago
Eco firms up Azinam acquisition and drilling programme
Business & Finance

Eco advances Azinam deal as drilling plans take shape

Eco Atlantic is one step closer to finalising its 2022 drilling plans and completing the acquisition of Azinam Group and its asset portfolio.

about 4 years ago
Ingine
Business & Finance

Ingine eyes global expansion through international projects in 2022

South Korean wave energy developer Ingine is preparing for its tenth anniversary with intentions for further global expansion and new projects to accelerate commercialisation as part of the growth plans for 2022.

about 4 years ago
Petrobras taps Shearwater for its geophysical processing software
Business & Finance

Petrobras taps Shearwater for geophysical processing software

Norwegian seismic exploration company Shearwater GeoServices has signed a licensing contract with Brazil’s Petrobras for its Reveal geophysical software. Under the deal, Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, mu

about 4 years ago
ADC Energy’s third Asia-Pacific deal in 2022 spurs hopes of further growth
Business & Finance

ADC Energy’s third Asia-Pacific deal in 2022 spurs hopes for further growth

ADC Energy has inked its third contract for rig inspection services in Asia-Pacific, paving the way for further growth in the region.

about 4 years ago
LCO2
Business & Finance

MOL, Petronas team up for LCO2 transportation

Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with Malaysian energy company Petronas to study liquefied CO2 (LCO2) transportation for carbon capture, utilisation and storage (CCUS) value chain.

about 4 years ago
USV-based offshore wind subsea inspection solution gets $3 million support
Business & Finance

USV-based offshore wind inspection solution gets $3 million boost

Canada’s Ocean Supercluster is allocating around $3 million for a project to develop an uncrewed surface vessel (USV) based subsea inspection solution for offshore wind farms. With a total project value of nearly $6.7 million, the Autonomous Remote Offshore Wind Inspection, Navigation and Deployment

about 4 years ago
ERRV
Business & Finance

North Sea ERRV specialist brings in 10th newbuild vessel

Sentinel Marine has taken delivery of the tenth newbuild vessel in its fleet, which is expected to feature12 ERRVs by year-end.

about 4 years ago
West Neptune drillship - Gulf of Mexico
Business & Finance

Seadrill rig wraps up drilling ops on deepwater Gulf of Mexico well

A Seadrill-owned drillship has completed drilling operations on a well located in the deepwater Gulf of Mexico.

about 4 years ago
Saipem
Business & Finance

Saipem overhauls management team amid rating downgrade and default risk

Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.

about 4 years ago
Aker Solutions buying compatriot engineering consultancy as part of growth strategy
Business & Finance

Aker Solutions buying compatriot consultancy to support growth strategy

Aker Solutions is acquiring Unitech Power Systems, a Norway-based electrical power systems consultant, as part of its growth strategy and with the aim of further accelerating its transformation. Aker Solutions states that the acquisition is an important step towards the company creating an engineeri

about 4 years ago
One of Hornbeck Offshore's vessels
Business & Finance

U.S. operator boosts fleet with three more offshore supply vessels

Hornbeck Offshore has added three offshore supply vessels to its fleet following an auction carried out by MARAD.

about 4 years ago
Deirdre Michie, CEO of OGUK - North Sea
Business & Finance

UK oil & gas industry makes huge progress on North Sea Transition Deal, OGUK says

A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal has shown strong progress, OGUK says.

about 4 years ago
Subsea data centers proven feasible following pressure tests
Business & Finance

Subsea data centers prove feasible following pressure tests

U.S. company Subsea Cloud has completed pressure testing which is said to prove feasibility for data centers to be placed subsea. Subsea Cloud said its centers will be installed in a modular fashion providing green, affordable data center infrastructure. The first ten pods to be deployed are expecte

about 4 years ago
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