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Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis by Rystad Energy projects overall oil and gas investments will rise 4% to $628 billion this year from $602 billion in 2021.

FutureOn, the global software company specializing in the energy sector and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has formed a strategic collaboration with global consulting and engineering leader Wood, to provide an enhanced service to its client base of global asset operators.

Berlin-based Kaiko Systems has announced a partnership with USC Barnkrug. After a successful trial phase, the ship management company decided to roll out Kaiko Systems' solution to its entire fleet. This process has already begun and will be completed in the coming weeks.

Jerry Knight has joined Danos leadership as general manager of project services. A 30-year industry veteran, Knight will lead Danos’ fabrication, construction, coatings, scaffolding and rope access service lines.

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