With more than a half-billion-pounds of new contracts secured in the last 12 months, EnerMech has kicked off 2022 by breaking into new geographies and business territories. It starts work in January on several significant campaigns, including numerous transformational mega-projects around the world.

On December 8, 2021, the Danish Energy Agency announced that it will award DKK 197m to the consortium backing Project Greensand for carbon capture and storage (CCS), in support of Denmark’s ambitions to reach a 70% CO2 reduction by 2030. The Greensand consortium is led by INEOS and includes Maersk Drilling as the project’s preferred drilling contractor among the 29 partners in total.

ExxonMobil has finalized corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its industry-leading portfolio.

Next Hydrogen Solutions Inc. (the "Company" or "Next Hydrogen" (TSXV:NXH) (OTCQB:NXHSF), a designer and manufacturer of hydrogen electrolyzers, is pleased to announce that its common shares are now trading on the OTCQB Venture Marketplace (the "OTCQB Venture"), a US trading platform that is operated by the OTC Markets Group in New York.

Abu Dhabi National Oil Company (ADNOC) announced the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field.

Severn Group, a global family of specialist high-end valve engineering and manufacturing companies, which includes Severn and LB Bentley, has acquired US-headquartered ValvTechnologies, a leader in the design and manufacture of metal-seated, zero-leakage isolation valve solutions for demanding applications.

Maritime Partners, LLC ("Maritime Partners"), through its managed funds, has acquired from J. Russell Flowers, Inc. and its affiliates ("JRF"), a diversified portfolio of over 1,000 marine vessels operating on bareboat charter.  JRF's fleet includes a variety of towboats, tank barges, hopper barges, and deck barges.

Oil States International, Inc. (NYSE: OIS) reported a net loss of $13.0 million, or $0.22 per share, for the third quarter of 2021.

Global demand for oil products has seen strong recovery this year, however, depressed kerosene demand from the aviation sector is a major barrier to full recovery, says GlobalData, a leading data and analytics company.

Chevron Corporation has announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up more than 20% from 2021 expected levels.

SH2IPDRIVE, (Sustainable Hydrogen Integrated Propulsion Drives) a Dutch project consortium focused on maritime hydrogen applications, today announces the receipt of a subsidy of 24.2 million EUR from the R&D Mobility Fund in the Netherlands.

The Board of Directors of Saipem SpA, chaired by Silvia Merlo, yesterday approved “Verso una nuova Saipem” strategic plan for the four-year period 2022 - 2025.

STATS (UK) Limited’s shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ).

Export Finance Norway (Eksfin) has reached a new milestone of NOK 10.3bn (EUR 1.04bn) in loans and guarantees for offshore wind projects worldwide.

Equinor Ventures (EV) is increasing its investment in Commonwealth Fusion Systems (CFS) as part of the Series B funding round raising more than USD 1.8 billion to commercialize fusion energy.

Saildrone, an emerging market leader in ocean data, ocean mapping, and maritime intelligence solutions, has announced the close of its $100M Series C round, bringing its total funding to $190M.