A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13 percent from the previous year.
As per a study of Adroit Market Research, the global ROV market was worth USD 931.02 million in 2022 and it is likely to increase USD 1.03 billion in 2031 at a CAGR of 3.02% over the forecast period. ROV deployment for subsea inspection, maintenance, and repair activities has expanded due to the world's energy demand and the exploitation of offshore oil and gas deposits in deepwater and ultra-deepwater regions.
Nauticus Robotics, Inc., a developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, announced the execution of a definitive agreement to acquire 3D at Depth, Inc. (“3D”), a global leader in commercial subsea laser LiDAR (Light Detection and Range) inspection and data services, for approximately $34 million in stock, before certain purchase price adjustments and the assumption of debt.
Talos Energy Inc. and its Mexican subsidiary ("Talos Mexico") announces the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso ("Carso"), a company controlled by the family of the Mexican billionaire Carlos Slim.
Copenhagen-based Danelec, a technology provider specializing in maritime safety and sustainability, and a global leader in ship data management solutions that drive efficiency and safety at sea, has highlighted record growth in its just published 2022/23 annual report, with topline up from 168M DKK last year, to 298M DKK.
Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share.
Expro, a leading provider of energy services, has completed its previously announced acquisition of offshore services provider PRT Offshore.
Patrick Pouyanné, Chairman and CEO, and the members of the Executive Committee presented TotalEnergies’ Strategy & Outlook in New York on September 27, 2023. The webcast of the presentation in English is available on totalenergies.com.
SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024.
ASCO has reported a 52 percent increase in turnover in a strong year for the Aberdeen-headquartered business, which saw it win new clients, grow its range of services and sectoral support, and expand into new geographies.
Vår Energi provides an update on the project development portfolio following completion of a baseline review of cost and schedule. In addition, the company narrows the full-year 2023 production guidance range to 210-220 kboepd, while maintaining the end-2025 production target of above 350 kboepd¹.
AYRO, the designer and manufacturer of the revolutionary OceanWings® wingsail solution for cargo ships and yachts, announces the close of a 19.2 million € ($21 m) Series B round, led by Blue Ocean, managed by SWEN Capital Partners, which brings the total funding for the leader in Wind Powered Decarbonation solutions for the maritime sector to over 30 million €.
Aberdeen-based industrial data and engineering consultancy Imrandd, has reported its most significant six-month growth period. The firm has secured a record £2milllion in topsides asset integrity awards with new and existing clients, amplifying its agile data-driven intelligence services further across the UK.
Square Robot Inc., a leader in robotic tank inspection services, announces a $5 million growth investment from Crosstown Capital LP.
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million.
W&T Offshore, Inc. (NYSE: WTI) has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller. The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023.
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