Company Updates

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.

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.

Oceaneering International, Inc. announces that its Integrity Management and Digital Solutions (IMDS) group has signed a strategic collaboration agreement with Aberdeen headquartered technology and engineering services provider Global Design Innovation, Ltd. (GDi) to deliver innovative digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation.

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.

Dril-Quip, Inc., a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, and Innovex Downhole Solutions, Inc. (Innovex), a global leading provider of mission-critical technologies and services across the well lifecycle for the oil and gas industry, announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform. Upon closing of the transaction, Dril-Quip stockholders will own approximately 52% and Innovex stockholders will own approximately 48% of the combined company on a fully diluted basis.

Sentinel Subsea, a passive well integrity monitoring specialist, was crowned a winner at the prestigious 2024 Offshore Achievement Awards (OAAs) on March 14th 2024. Celebrating the pinnacle of industry innovation, Sentinel’s WellSentinel™ technology has been recognized alongside six other finalists in the Post-Commercial Deployment category.

Fugro announces its inclusion in the AEX® ESG Index as per Monday, March 18. The index is composed of the 25 companies that demonstrate the best environmental, social and governance (ESG) practices from the constituents of the AEX® and AMX®.

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