Bpifrance is investing USD100 Million in Technip Energies strengthening its current stake to approximately 7% of the company's share capital to become a long-term reference shareholder, supporting its energy transition-focused strategy.

3t Energy Group has made a major transformational acquisition with the purchase of Petrofac’s UK training centers. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed.

Leading composite pipe technology company Strohm has announced a new strategic appointment to support its international growth ambitions as the oil and gas industry progresses towards cleaner energy production. 

Leading ROV specialist, HPR ROV, has signed an exclusive two-year agreement with Saudi-based Intelligent Energy Services (i-Energy).

Jones Capital (Jones) recently announced the acquisition of Rockport Terminals (Rockport), one of the largest private intermodal terminals on the Texas Gulf Coast. 

Zycraft USV PL has completed Phase II engineering development of an 8-meter unmanned fireboat.

Ampelmann, the Dutch offshore access provider, has secured five contracts covering eight projects in the Asia Pacific (APAC) region, five of which are in the renewables space. All contracts were signed in Q1 of 2021 and consist of operations in different offshore segments and in several countries, with various Ampelmann systems to be used.   

Did You Know?

Aqueos Corporation, a provider of Marine Construction, Commercial Diving, Remote Operated Vehicle (ROV), Vessel Contracting and other subsea services in the Gulf of Mexico, West Coast and select International Regions has purchased the MPSV Sea Scout, a USA built 134’ x 37’ Catamaran Multi-Purpose Service Vessel.

Subsea UK unveils new TV debate style event to highlight opportunities in the energy transition and the blue economy 

NOAA has announced two new coastal condition forecast models that will enhance critical decision making for mariners along the West Coast and Northern Gulf of Mexico. The models provide continuous quality-controlled data on water levels, currents, water temperature and salinity out to 72 hours.

CGG has been awarded three major seismic imaging projects by BP, two from the deepwater Gulf of Mexico and one from offshore Trinidad & Tobago.

Prysmian Group and Independent Power Transmission Operator (IPTO) announce the successful completion of the submarine interconnection between the island of Crete and the Peloponnese peninsula, a record-breaking project in terms of length, depth and innovative HVAC cable technology.

Crude Oil:

Phoenix International Holdings, Inc. (Phoenix), under the direction of the U.S. Navy’s Supervisor of Salvage and Diving (SUPSALV), located and recovered the fuselage of a downed MH-60S Seahawk helicopter in the Pacific, near Okinawa, Japan, from a record breaking depth of 19,075 feet.

Russia, the world’s largest country by landmass, has a multi-prong strategy to confront climate change, by further developing its human capital, natural gas, hydrogen, and renewable assets, says a senior national energy policymaker.