Company Updates

C-Kore Systems, a UK based company specializing in subsea testing tools, has rounded off an excellent 2023. With a healthy order book for 2024, C-Kore is looking to expand their Sales Team, basing the new staff in Aberdeen, UK.

MOL Chemical Tankers Pte. Ltd. (MOLCT) and Fairfield-Maxwell Ltd. announced that they have secured all of the necessary regulatory approvals and that MOLCT has completed its acquisition of all of the shares of Fairfield Chemical Carriers Pte. Ltd. with an effective date of March 1, 2024, in an all-cash transaction for about US$400 million.

Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveils their new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA. These changes mark a new era for the company, which intends to expand its existing customer relationships and strong product portfolio to help the maritime industry meet its aims of GHG emission reduction.

DWTEK represents Taiwan's subsea industry and will align with international experts and professionals this year, bringing you the techs and products that reflect their accumulated 16 years of experience and knowledge. You might want to check their underwater thrusters and connectors at Oceanology International (OI) in London at booth J301.

JERA Co., Inc. (JERA) announced it entered into a sale and purchase agreement with Woodside Energy Group Ltd. (Woodside), a major Australian energy company, to acquire a 15.1% participating interest in the Scarborough gas field development project (the Project). The total consideration of the acquisition of the Project is estimated to be approximately $1.4 billion, which comprises the purchase price and reimbursement to Woodside for JERA’s share of expenditure incurred up to completion. Completion of the transaction is subject to conditions, including obtaining permits and approvals.

Aqua Comms, a leading provider of global subsea connectivity services, has announced that Jim Fagan, who served as the CEO, is leaving the business with immediate effect. Andy Hudson, the company’s Chief Network Officer is now the acting CEO, and Chairman Alan Harper will continue to provide commercial and strategic assistance to the business through the remainder of 2024.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com