News

CHC Helikopter Service, the Norwegian division of CHC Helicopter and a leading provider of offshore transportation solutions, has entered a $500 million strategic partnership with Aker BP to support its offshore helicopter activity in Norway. […]

Aquajet has introduced a new support system designed to enhance the capabilities and flexibility of Hydrodemolition robots in challenging environments. The system centers around the upgraded Aqua Spine 3.0, an extendable rail system […]

Perma-Pipe International Holdings, Inc. announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu […]

Shell has announced that oil discovered offshore Namibia in Petroleum Exploration License (PEL) 39 cannot be currently confirmed for commercial development. As such, the company will write down $400 million, citing technical and geological difficulties […]

(Bloomberg) – TotalEnergies SE, Basra Oil Company and QatarEnergy broke ground on a $250 million project to capture gas from the Ratawi oil field in Southern Iraq. The planned facility — which will […]

Constellation and Calpine Corp. today announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of approximately $16.4 billion. […]