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FORCE Technology, a leader in simulation-based maritime technology, engineering and training, and Varjo, a global technology leader in industrial-grade virtual and mixed reality hardware and software, have signed a strategic frame agreement. The partnership positions FORCE Technology as Varjo's integrator partner, focusing on delivering advanced VR and XR training solutions to maritime customers worldwide.

Saipem has signed a Letter of Intent, received by the Northern Endurance Partnership (NEP), a joint venture between the operator bp, Equinor, and TotalEnergies, and Net Zero Teesside Power (NZT Power), a joint venture between bp and Equinor, stating that the company has been selected for the award of the NEP and Net Zero Teesside Power (NZT) projects. The two projects are related to the development of CO2 offshore transportation and storage facilities to the East Coast Cluster in the United Kingdom.

Talos Energy Inc announces that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC ("TLCS"), to TotalEnergies E&P USA, Inc. ("TotalEnergies") for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million. The transaction was based on an effective date of January 1, 2024 and will close later today. Talos intends to use the proceeds from the sale to immediately repay borrowings under its credit facility and for general corporate purposes.

Sentinel Subsea, a passive well integrity monitoring specialist, was crowned a winner at the prestigious 2024 Offshore Achievement Awards (OAAs) on March 14th 2024. Celebrating the pinnacle of industry innovation, Sentinel’s WellSentinel™ technology has been recognized alongside six other finalists in the Post-Commercial Deployment category.

Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world's largest offshore wind developers. The financing is based on the purchase of two transformer platforms from Norway's Aibel for the Hornsea 3 offshore wind farm project in the UK. The transaction increases Eksfin's total offshore wind financing to nearly EUR 3.5 bn.

TechnipFMC (NYSE: FTI) (the “Company”) has been selected to deliver the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. The NEP is building carbon dioxide transportation and storage infrastructure for carbon capture projects in the United Kingdom’s East Coast Cluster.

Fugro announces its inclusion in the AEX® ESG Index as per Monday, March 18. The index is composed of the 25 companies that demonstrate the best environmental, social and governance (ESG) practices from the constituents of the AEX® and AMX®.

On March 14, Governor Kathy Hochul, alongside the United States Secretary of the Interior Deb Haaland and other elected officials, announced the completion of the landmark South Fork Wind project, with all 12 offshore wind turbines constructed and the wind farm successfully delivering power to Long Island and the Rockaways. This marks a historic milestone as New York becomes home to America’s first utility-scale offshore wind farm.

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