Halliburton Company (NYSE: HAL) has been named to the 2023 Dow Jones Sustainability Indices (DJSI). 2023 marks the third consecutive year that the company has been named to the list. DJSI assesses the sustainability performance of companies using a transparent, rules-based process based on the annual S&P Global Corporate Sustainability Assessment (CSA).

Offshore Wind's Economic Doldrums

Today's key economic doldrums plaguing offshore wind projects are higher interest rates, cost inflation, and supply chain issues. Developers make multiyear cost assumptions when bidding for projects, given the often decade-long lead times associated with planning and development, obtaining approvals, and completing construction, before an offshore wind project becomes operational and starts generating cash returns.

Talos Energy Inc. (NYSE: TALO) provides operational updates.

Verlume, a specialist in clean energy system integration, intelligent energy management and energy storage, is fulfilling its mission to deliver clean energy to challenging locations and make things possible today that were impossible yesterday.

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

Kraken Robotics Inc. has received multiple survey service orders in Q4 to support offshore energy and infrastructure projects allowing the company to maintain strong utilization.

Floating Power Plant, a Danish pioneer in renewable energy technology, has just signed a transformative grant agreement with the European Commission's Innovation Fund of 26 m€. This agreement solidifies the EU's commitment to propel Floating Power Plant’s flagship project, SEAWORTHY, into the forefront of sustainable energy innovation.

Havfram has signed a Senior Secured Green ECA Term Loan Facility (the “Facility”) to fund its two Wind Turbine Installation Vessels (“WTIVs”), currently under construction at CIMC Raffles.

Ferd, a family-owned investment company, has acquired a 25 percent stake in the ocean technology group General Oceans. Following several acquisitions in recent years, General Oceans now consists of five world-leading companies covering key areas of ocean technology.

Oxford Flow, a flow control equipment specialist, celebrates a successful end to 2023 which has seen the company double operational activity year-on-year, expand its global footprint and increase its headcount by around 10%.

With the backdrop of the world’s most important convention on climate, a new global report demonstrating the interconnectivity of the blue economy with clean and climate technologies was released.

Deep Casing Tools has placed 36th in the 2023 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years.

OSSO, a specialist in fluid temperature control and separation solutions, announces significant growth milestones achieved in 2023. These include a 75% increase in revenue and a 40% growth in total headcount.

Chevron Corporation (NYSE: CVX) has announced an expected organic capital expenditure range of $15.5 to $16.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) budget of approximately $3 billion for 2024.

Kraken Robotics Inc. announced it has filed financial results for the third quarter ended September 30, 2023 (“Q3 2023”).

Aberdeenshire headquartered Integrated Services provider, AquaTerra Group, has completed a management buyout led by Managing Director, Stephen Taylor, for a seven-figure sum.