trends

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. […]

Subsea 7 has secured a contract with Equinor for a front-end engineering and design (FEED) study with EPCI1 option for the Fram Sør development project, offshore Norway. The study will finalize the technical definition […]

ASCO has been awarded a five-year contract until 2030 for base and logistics services for Aker BP in Tananger, Sandnessjøen, and Farsund in Norway. The agreement also includes continued services in warehouse management, […]

Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer. The new capacity aligns seamlessly with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy […]

Murphy Oil announced that its subsidiary has drilled an oil discovery at the Hai Su Vang-1X exploration well in Block 15-2/17 in the Cuu Long Basin, located 40 miles offshore Vietnam. The well was drilled […]

Petro-Victory Energy has announced a strategic partnership with Blue Oak Investments aimed at acquiring Exploration and Production (E&P) assets and companies in Brazil and Latin America. Under this partnership, Blue Oak will provide the capital, […]