Teledyne Marine announces that Subsea Technology & Rentals (STR) has made a significant investment in our latest technology due to increased customer requirements.

Companies with an interest in developing innovative subsea technologies are being invited to take part in the second call for a three-year initiative which forges R&D partnerships between Scotland and Japan.

Chevron Corporation has announced a 2019 organic capital and exploratory spending program of $20 billion.

Recent work includes significant pipeline and structure inspections for Centrica Storage, Chrysaor, Dana, Petrofac, Premier, Repsol and Spirit Energy. Workscopes also include light repair and maintenance and decommissioning, utilizing Fugro’s multi-role vessels and broad in-house environmental, geotechnical and geophysical expertise.

Aberdeen Renewable Energy Group (AREG) has seen its membership numbers rise over the past 12 months with an increase in the number of companies supporting both the offshore wind and wave and tidal sectors.

MacArtney France, as a representative of Kongsberg Maritime, supply sensor package for PIRIOU – shipbuilders and naval engineers supplying the Royal Moroccan Navy.

U.S. companies competing for military and commercial maritime business in Australia and across the Indo-Asia-Pacific region are planning to ride a wave of acquisition and modernization spending into the Pacific International Maritime Exposition 2019 next October in Sydney.

Verus Petroleum is moving on to a new phase of growth, having secured a 12-fold increase in its production - from 1,500 to 18,000 barrels per day in less than a year - through drilling and key acquisitions in the UKCS.

Churchill Drilling Tools, a leading oilfield service company specializing in drilling innovation, has revealed that one of its specialist tools, the Mud Shear Sub™, significantly improved the mud conditioning process for a major North Sea operator during a recent P&A campaign; so much so the operator began subsequent retrieval operations ahead of schedule.

Forum Energy Technologies, Inc. announces that C.Christopher Gaut has been named Chief Executive Officer of the Company by the Board of Directors to replace Prady Iyyanki. Mr. Gaut will continue to serve as Chairman of the Board.

CSA Ocean Sciences Inc. (CSA), a leader in marine environmental consulting and provider of multidisciplinary services, has announced the addition of John Bright to their team as an Operations Supervisor.

Vår Energi was officially established on December 10, 2018, as Norway’s largest independent E&P company with a net daily production of more than 170,000 barrels of oil equivalent (boe) in 2018.

Coretrax, an independent wellbore clean-up and abandonment specialist, has received a substantial investment from private equity firm Buckthorn Partners to accelerate its ambitious international growth plans.

Sparrows Group has signed a five-year blanket order with Pemex Procurement International, Inc. acting on behalf of Pemex Exploracion y Produccion (PEP) to service 41 of its cranes situated on assets in four of the Mexican national oil company’s developments in the region.

Leading ROV and hydrographic survey company, Rovco, has been awarded further funding to develop the next stage of its integrated live 3D vision and artificial intelligence (AI) survey technology. This brings the combined total in technology grants for the UK subsea services company to £1.46 million.

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of NOK 7.8 billion will help extend the productive life of the Troll field beyond 2050.