World-leading emergency distress signal manufacturer Wescom Group has expanded their presence in the marine survival market with an exciting acquisition.

Abu Dhabi National Oil Company (ADNOC) has signed agreements with 25 companies potentially worth AED 35 billion that will stimulate investment in local manufacturing of critical products in support of the diversification of the United Arab Emirates (UAE’s) industrial and manufacturing infrastructure.

SLB and Linde have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors.

Aramco has announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition. It was unveiled at the sixth edition of the Future Investment Initiative (FII) and is among the largest sustainability-focused venture capital funds globally.

Vineyard Wind announces that cable installation for the first commercial scale offshore windfarm has begun approximately 15 miles south of Martha’s Vineyard.

Sembcorp Marine Ltd, through its wholly-owned subsidiary, Sembmarine SLP Limited (“Sembmarine SLP”), has been awarded the Planned Preventative Maintenance (PPM) contract by Ørsted A/S (“Ørsted”) for the Hornsea 2 Offshore Wind Farm, one of the world’s largest wind farms located 89 km off the Yorkshire coast in the UK North Sea.

James Fisher Renewables (JF Renewables), a trusted technical and operations solutions provider to the offshore renewables industry, and a part of James Fisher and Sons, announces they are working with Ho Lung Power Engineering (HLPE) to provide planning, reporting, engineering support / technical review and skilled labor for cable termination and testing (T&T) of Ørsted's Greater Changhua wind farm in the Taiwan Strait.

Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), in recognition of its ambitious plans to reduce methane emissions to net zero by the end of this decade.

Kraken Robotics Inc., Canada’s Ocean Company, has signed a R&D contract with a global energy company which will provide $8 million of cash funding to Kraken’s Brazilian subsidiary over a 3-year period. Under this project, Kraken will continue development of Artificial Intelligence, Machine Learning software, and subsea autonomy solutions to intelligently analyze sensor data and learn how to respond to highly dynamic environments in the offshore oil and gas, wind, hydrographic, science, and defense industries. Due to customer confidentiality, further details cannot be released at this time.

Seadrill Limited announce a new extension has been secured by Sonadrill Holding Ltd (“Sonadrill”), Seadrill’s 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”). Sonadrill has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.

Fugro and AD Ports Group formalized a collaborative relationship through the signing of an agreement that sets out combined goals to utilize remote and autonomous technologies in the region.

Neptune Energy has commenced drilling on the Calypso exploration well in the Norwegian Sea.

EuropeWave has reserved berths at the open-water test sites of the Biscay Marine Energy Platform (BiMEP) in the Basque Country, Spain, and the European Marine Energy Centre (EMEC) in Orkney, Scotland.

INEOS Europe AG and Pacific Gas (Hong Kong) Holdings Co., Ltd, has signed long-term time charter agreements for four 99,000cbm (cubic meter) VLECs (Very Large Ethane Carriers).

Corvus Energy announces that the sea trial of its new energy storage system, the Corvus Blue Whale ESS, took place in October and has been declared successful.