Adepth Minerals, a Norwegian deep-sea mineral exploration firm, has received a NOK 11.7 million (about $1,3 million) grant from Innovation Norway, triggering investment in FlexiCore technology and enabling the collection of deep-sea mineral core samples in 2022…
Canadian marine technology company Kraken Robotics's subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund…
Norwegian oil and gas company Equinor has, on behalf of the license partners in Krafla, Gina Krog, Asterix fields, and Gassco at Kårstø, signed contracts with engineering and construction firm Aibel worth around five billion Norwegian crowns (nearly $560 million)…
Design and engineering consultancy Houlder said Tuesday it was supporting Subsea Micropiles, a company adapting land-based micropiling technology to create superior marine foundation and anchor solutions.Houlder is providing marine operations…
Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…
State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services, logistics and shipping arm next year, two sources familiar with the matter told Reuters.ADNOC Logistics & Services (ADNOC…
Brazilian oil company Petrobras has awarded Italy's Saipem a new contract worth $940 million for the delivery of subsea umbilicals, risers, and flowlines (SURF) for the installation of a rigid riser-based subsea system for a project offshore Brazil…
Ashtead Technology, a UK-based offshore energy services and technology company, announced Thursday that it had received strong support from new institutional investors and will begin trading on the London Stock Exchange's Alternative Investment Market on Tuesday…
Scottish floating tidal turbine developer Orbital Marine Power has entered a strategic partnership with offshore energy services giant TechnipFMC ( to speed up the global commercialization of Orbital’s tidal energy technology. TechnipFMC will also become a shareholder in Orbital…
Norwegian offshore engineering firm Aker Solutions has said it has won a 'substantial' contract with Petrobras to provide a subsea production system and related services for the Mero 4 project, offshore Brazil. Aker Solutions defines a substantial…
Exxon Mobil Corp on Wednesday offered to lease a half million acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions.Under pressure by investors to address climate change, Exxon…
Hiber, a company that describes itself as the satellite-enabled IoT scale-up, is bringing its HiberHilo remote well-integrity monitoring technology in the Middle East to assist oil and gas operators in the region in monitoring their remote wells via satellite connectivity…
Oilfield services company TechnipFMC has said it has won 'a large' contract with ExxonMobil, to supply the subsea production system for the Yellowtail development in the U.S. oil major's Stabroek Block, offshore Guyana.For TechnipFMC, a “large” contract is between $500 million and $1 billion…
James Fisher Renewables (JF Renewables) has said it has completed the first part of a two-phase contract to investigate unexploded ordnance (UXO) and potential archaeological features ahead of the installation of export cables for RWE’s Sofia Offshore Wind Farm…
Subsea services provider Reach Subsea has charters with shipowner Olympic Subsea of three modern subsea vessels for the 2022 season.Reach will be chartering the Olympic Artemis, Olympic Delta, and Olympic Challenger vessels, which are fully…
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