Nauticus Robotics kick-starts its international expansion with new operating bases

Nauticus Robotics has initiated operations in Norway and the United Kingdom, marking the start of its international expansion strategy for 2023 and beyond with the initiation of its operations. The U.S. company said that the operating bases are strategically located in Stavanger, Norway, and Aberdeen, Scotland to service the North Sea offshore market. According to Nauticus... Continue Reading →

SLB wins Russia business as oilfield rivals exit after Ukraine invasion

(Reuters) - Following Moscow's invasion of Ukraine, world's largest oilfield firm SLB (SLB.N) has boosted its business in Russia by cherry-picking service and equipment contracts from rivals who left, according to company documents and people familiar with its operations. While SLB's continued embrace of Russia has drawn sharp criticism, interviews with two people close to the company... Continue Reading →

Havfram Subsea Reclaims Ocean Installer Name after Offshore Wind Business Sold

(OE) Offshore construction company Havfram Subsea said Thursday it was taking back its Ocean Installer name. The company's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change reflecting its diversification into the offshore wind industry. The relaunch follows last year's announcement of the sale of Havfram's wind business lines.  ... Continue Reading →

Galp buys a cargo of 500,000 barrels of oil from the Union, product of production sharing contract for the Atapu field

(epbr) Galp buys a cargo of 500,000 barrels of Union oil, originating from the production sharing contract for the Atapu field, in the pre-salt layer. Pre-Sal Petróleo S.A. (PPSA) reported that the sale should generate revenues of BRL 210 million for the National Treasury when the shipment is available in two months. The Portuguese oil... Continue Reading →

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