When South Africa entered the year 2023, it did so as a country that was thoroughly dependent on imports to meet its demand for natural gas. This is, to say the least, an uncomfortable place to be for a country that was also in an energy crisis – and that was also trying to implement an energy transition program in which gas would help replace coal, a higher-emissions fuel.

Organizers of the International WorkBoat Show and the Underwater Intervention Conference and Exhibition (UI) announced that the two events would be co-located in New Orleans in 2023.

OEG Offshore (OEG) is delighted to announce the acquisition of Pelagian Ltd (Pelagian), a leading provider of consultancy, engineering and installation management services to the submarine cable and offshore renewable energy industries.

Marco Polo Marine Ltd., (SGX:5LY) (“Marco Polo Marine” or the “Company”, and together with its subsidiaries, “the Group”), a regional integrated marine logistics company actively involved in the offshore wind sector, together with Amogy Inc., a pioneer of emission-free, energy-dense ammonia power solutions, entered into a Memorandum of Understanding (MoU).

MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2023 fourth quarter and year ended January 31, 2023.

GD Energy Products (GDEP), the leading total solutions provider for the frac, drilling and well servicing market, has proven during field trials that its new Extreme Duty Drilling Valves and Seats deliver supreme performance and reliability in ultra-high temperature drilling pump applications.

Transocean Ltd. (NYSE: RIG) issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Redflow Limited (ASX: RFX), a global leader in clean energy storage, announced that its safe, scalable, and sustainable energy storage solutions have been approved by the California Public Utilities Commission (“CPUC”) as eligible for the state’s Self-Generation Incentive Program ("SGIP").

Armada Engineering, a marine engineering company based in Falmouth in Cornwall, has launched the first training centre for hydraulics in the South West of England.

With growing potential for marine renewable energy to help fight climate change and meet net zero goals worldwide, Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the resource.

C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has expanded into a new facility in Port Fourchon, Louisiana, providing an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services.

The latest analysis from McKinsey & Company (McKinsey) reveals that over the past 12 years approximately half of oil and gas M&A deals have lost shareholder value.

Hunting Energy Services Ltd. (Hunting) has announced a key appointment for its well intervention rental division as it continues to grow and expand into new markets.

DNV, the independent energy expert and assurance provider, has published an important update of its comprehensive service specification for project certification, DNV-SE-0190. The new edition is the world’s first document which addresses the certification of energy islands and offshore wind farms in Poland.

BiSN, a leading supplier of downhole sealing solutions and technology to the global oil and gas industry, has eclipsed their own record for the largest bismuth plug with a recent deployment in the Gulf of Mexico.

Ocean services provider DeepOcean delivered another year of profitable growth in 2022. High demand for the company’s services across offshore industries means that the company entered 2023 with strong momentum and a significantly improved order backlog.