Alantra, the independent global mid-market investment banking and asset management firm, has announced that it had recruited a Maritime and Offshore investment banking team within its Investment Banking division.

Aquatec has been shortlisted for the prestigious Subsea Expo Awards 2022 and is a finalist in the Best Small Company category. The awards ceremony, organized by the Global Underwater Hub, will take place on February 23, 2022, at P&J Live in Aberdeen.

Spiral Services, a leading supplier of industrial conveying, fabrication, manufacturing, and engineering support services, has reported a successful 2021, with major project wins and senior appointments resulting in significant business growth and an increase of its global footprint by 300%.

McDermott International and the Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia's premier national science organization, are evaluating technical and commercial opportunities for the deployment of CSIRO's carbon capture technologies for energy and heavy industry applications.

Specialist drilling waste management company TWMA has secured the American Petroleum Industry (API) Q2 accreditation for its UAE operation, the first quality management system (QMS) certification for service suppliers in the oil and gas industry.

NOAA and the Bureau of Ocean Energy Management (BOEM) signed an interagency memorandum in support of the Biden-Harris Administration’s ambitious offshore wind energy goals to advance wind energy responsibly while protecting biodiversity and promoting cooperative ocean use.

Leading online valuation and data provider, VesselsValue, announces their acquisition of Norwegian shipping research and advisory company, ViaMar.

The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State's revenues from petroleum. Much of this is due to record-high gas prices.

Akselos’ advanced simulation digital twin technology is being applied to a new distinctive floating offshore wind twin turbine demonstrator, TwinWind, off the coast of Norway.

On January 14, 2022, at an event with U.S. Secretary of Energy Jennifer Granholm, New York Governor Kathy Hochul and U.S. Representative Paul Tonko, Equinor and bp announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1.

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract(1) for Equinor’s Smørbukk Nord development.

Active again in subsea power cable IRM, leading excavation and trenching operator, Rotech Subsea, has delivered a critical de-burial, cut and recovery and re-burial project in UK waters. In late Q3 Rotech Subsea’s TRS1 tool was mobilized from Aberdeen to the site of a vital subsea power cable infrastructure project.

Shell and ScottishPower have secured joint offers for seabed rights to develop large-scale floating wind farms as part of Crown Estate Scotland’s ScotWind leasing. The partners have won two sites representing a total of 5 gigawatts (GW) off the east and north-east coast of Scotland.

Aker Solutions has appointed Kari Ertresvåg as senior vice president for communications.

The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019.

OneOcean Group has expanded its platform capability to include a new and unique Environmental Planner, which uses a dynamic timeline to provide a real-time look ahead at the environmental rules and restrictions in force during a voyage.