Company Updates

Crondall Energy, the UK-headquartered offshore energy consultancy, has secured a £1m loan from the alternative lender BOOST&Co. The funding will enable the firm to maintain its global reach supporting operators and developers to transform the offshore energy industry and work towards the net zero future of energy.

MacDermid Offshore Solutions (MacDermid), the leading provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has entered into a contract with a major service company in Brazil to provide biodegradable production control hydraulic fluid, Oceanic Environmental Control Fluid (ECF), for subsea equipment in the North Sea.

Danos’ scaffolding service line has reached the notable milestone of working over 1 million man-hours without a recordable incident as classified by the Occupational Safety and Health Administration (OSHA). This safety record began in 2014 when the company first established scaffolding as a service offering.

Talos Energy Inc. has announced that Bayou Bend CCS LLC, Talos's venture with Carbonvert, Inc. (the "Venture"), executed definitive lease documentation with the Texas General Land Office ("GLO"), formalizing the previously announced carbon capture and sequestration ("CCS") site located offshore Jefferson County, Texas, near the Beaumont and Port Arthur, Texas industrial corridor.

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