Norwegian firm EMGS gets $11.7M contract with Petrobras

(OET) Brazilian state-owned oil and gas giant Petrobras has awarded Norway’s Electromagnetic Geoservices (EMGS) with a contract worth approximately $11.7 million to deliver a multi-client survey offshore Brazil. The contract represents EMGS’ first acquisition project offshore Brazil in almost ten years. The fully pre-funded multi-client survey is expected to start in late March or early April.... Continue Reading →

DeepOcean Bolsters Digital Subsea Offer with Btwn Acquisition

(OE) Norwegian ocean services provider DeepOcean has acquired digital transformation company Btwn, growing its offering within digitalization and automation of subsea operations. DeepOcean has acquired 100% of the shares in Btwn – pronounced ‘between’ - from the company’s employees for an undisclosed amount. In addition to becoming an integrated part of DeepOcean’s digital innovation team,... Continue Reading →

Third Enauta well comes back on stream

(OET) Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil. Following issues in the subsea pumping electrical system adopted for the FPSO Petrojarl I, Enauta temporarily halted the Atlanta field’s production in July 2023. After the reinstallation of the subsea pumping equipment at one of the wells, production resumed on November 5, with well #5... Continue Reading →

Nauticus Robotics Streamlines Business Ops

(OE) Nauticus Robotics, a U.S. developer of autonomous vehicles and robots for data collection and intervention services for offshore industries, has secured fresh funding for its operations and appointed new executive management team. The new investment was secured before the close of 2023 and eliminated many of the dilutive warrants and ratchet provisions of the... Continue Reading →

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