SED Energy Holdings and Ventura Offshore have signed a letter of intent (LoI) for an all-share combination with the aim of creating a larger and stronger publicly listed energy services platform. Energy Holdings will acquire 100% of the outstanding shares in Ventura Offshore, remaining the listed pa
French provider of tubular solutions Vallourec and Saudi Arabia’s energy company Aramco have expanded their partnership that was set up in 1962 with the signing of a new agreement for the supply of oil country tubular goods (OCTG). The companies entered into an agreement in 1962 for the supply of th
The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.
Australian energy giant Woodside is forging a path with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) to hunt for potential deepwater hydrocarbon plays in the Gulf of Mexico under a non-binding memorandum of understanding (MOU).
Eco Wave Power’s U.S. subsidiary has entered into an agreement with Germany-based AI engineering to develop an AI-powered digital twin platform for its wave energy technology. The companies have begun Phase 1 of the Eco Wave Power – Digital Twin & Energy-Aware Computing project, combining advanced p
Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have completed their merger, establishing what they describe as a premier integrated offshore services company. As announced
China-based provider of clean energy services Wison New Energies (WNE) has joined forces with the UK-headquartered energy giant Shell to bring the European firm’s liquefaction technology to the wider liquefied natural gas (LNG) market for the first time, strengthening Wison’s floating LNG (FLNG) off
Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna
TenneT Netherlands has selected compatriot survey company Deep to perform annual offshore cable integrity surveys between 2026 and 2029. Deep announced today, August 31, that it would use hydrographic and geophysical techniques to determine the level of seabed cover above the cables, identify object
The company brings engineering, specialist personnel, equipment and port infrastructure together under one operating model for complex marine and industrial projects. www.futura1994.it Established in 1994 and employing around 100 people, Futura develops and delivers technology-driven solutions and s
Thailand’s state-owned upstream oil and gas company PTTEP and Malaysia’s national energy company Petronas have signed multi-year production-sharing and gas sales agreements for an offshore development in the Malaysia-Thailand Joint Development Area (MTJA), strengthening the two countries’ long-term
Aberdeen-based decommissioning services provider Well-Safe Solutions has strengthened its decommissioning offering through a strategic partnership with NMC Energy, combining their subsea, platform interface, and well lifecycle expertise to support major North Sea projects.
Norway-based Omega Subsea, which provides remotely operated vehicle (ROV), survey, and subsea services to the offshore industry, has struck a deal with Bergen’s Hilleren Navy Supply Park, a subsea-focused maritime and defence cluster near Haakonsvern, to establish a new operational base at the site,
Dubai-based offshore vessel specialist Astro Offshore and Houston-headquartered subsea technology and services provider Oceaneering International are joining forces to target integrated offshore and subsea projects, backed by the addition of the UAE firm’s first DP3 multi-purpose support vessel (MPS
