Company Updates

Seatrium Limited (Seatrium), a leading engineering solutions provider to the global offshore and marine industry, and Singapore’s Agency for Science, Technology and Research (A*STAR) inked a Memorandum of Understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the Offshore and Marine (O&M) sector.

On March 28, 2024, TotalEnergies’ 100,000 employees in 120 countries worldwide were pleased and proud to celebrate the 100th anniversary of the Company’s creation. TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920s to the present day.

Balmoral Comtec, a Balmoral Group company and a major provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project. This contract award is already supporting the recruitment of over 50 new employees at its Aberdeen base.

Pier Solutions, a leading engineering and modular solutions provider, has announced strategic appointments to strengthen its Leadership Team with a new Chief Executive Officer (CEO) and Finance Director (FD) as it targets growth in the energy sector.

Ocean services provider DeepOcean is celebrating its 25th anniversary by announcing that the company has reduced its own CO2 emissions intensity by 18 percent since 2020. The company is on track to reach its 2030 emission reduction target.

ABL, a global leading energy and marine consultants, expands its European presence with a new office in Constanta, Romania, to support the Black Sea region’s offshore energy and maritime markets. The office is managed by its Director Alexander Shterev who is Principal Surveyor of ABL Bulgaria, supported by the country manager to ABL Bulgaria, Lyubomir Djambazov.

MidOcean Energy (MidOcean), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, announced a strategic investment by Mitsubishi Corporation (Mitsubishi Corp). Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company.

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