Neptune Energy has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initial cash consideration of $250 million. The purchase is contingent..
Leading global enterprises that own and operate large mobile assets such as floating production storage and offloading (FPSO) operators, drilling contractors and other vessel owners in the oil and gas industry can increase profitability by improving efficiency, taking control of..
Integrated subsea and offshore solutions provider Unique Group has signed an agreement to acquire five Unmanned Surface Vessels (USV) DriX units from French high-technology company iXblue, marking a significant investment in the Group’s global portfolio of survey products. With an..
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has successfully completed sea trials in Norway. The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and..
Royal IHC has secured an order from the Engineering Authority at the Egyptian Ministry of Defence (MOD). The contract builds on the excellent partnership and comprises the construction of 10 IHC Beaver® 45 Cutter Suction Dredgers (CSDs) and two Delta Multi Craft (DMC)..