Unique Group expands global Subsea Mechanical division with multi-million-dollar investment
The investment reflects the company’s continued evolution from its origins in survey rental to a broader subsea technology and engineering provider.
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The investment reflects the company’s continued evolution from its origins in survey rental to a broader subsea technology and engineering provider.
GLND intends to use the net proceeds from the offering to fund exploration and appraisal activities in the Jameson Land Basin (Jameson), as well as for general corporate purposes.
Subsea7 today announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 Likembe Project in Block 15, offshore Angola.
JDR will supply approximately 18 km of hydraulic control umbilicals, with options for a further 13 km, subject to drilling success.
The United Arab Emirates' withdrawal from OPEC, effective 1 May 2026, represents the most significant fracture in the organization's 66-year history and increases the risk of oversupply weakening prices, according to analysis published today by Wood Mackenzie.
The project, led by Geolander, will support a major oil and gas operator’s carbon capture and storage (CCS) ambitions by improving understanding of subsurface conditions and storage potential.
Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.
Located in the Central North Sea, Harding has played a pivotal role in powering homes, fueling industry and playing a vital role in the UK’s economy for three decades.
KBR has announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company.
Urgent action to ensure oil and gas companies meet their legal obligations to safely remove ageing oil and gas infrastructure from the North Sea could create up to 25 000 UK jobs and deliver up to £15 billion in economic benefit to the UK, a new first-of-its-kind report shows.
The world's 30 largest exploration and production companies face production declines averaging nearly 40% between 2025 and 2040.
The final environmental impact statement analyses the potential environmental impacts associated with authorising proposed treatments on up to 16 existing wells as part of the operator’s update to its Development and Production Plan.