Russia’s Lukoil has accepted an offer from commodity trader Gunvor Group to buy Lukoil International, the wholly owned unit that holds the oil producer’s overseas assets, following the sanctions and restrictive measures introduced primarily by the United States.Lukoil said key terms of the transaction had already been agreed and that by accepting the offer it committed not to negotiate with other potential buyers…
Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field.Equinor has received a total payment of $2.33 billion for its 40% operated interest…
Oceaneering International, Inc. announced Vision Subsea, a new module within the cloud‑based Vision 3D data visualization software platform developed by GDi, an Oceaneering company. The module presents engineering-grade point cloud data generated during ROV operations…
BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…
Oceaneering International has completed a field trial of its patented Ocean Perception™ marine mammal and wildlife mitigation software solution in the Dutch sector of the North Sea.The trial was conducted aboard an offshore wind installation vessel in collaboration with client Van Oord…
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025…
Oceaneering International has announced today that its Integrity Management and Digital Solutions segment has renewed its contract with a major operator for inspection services in West Africa.Oceaneering’s scope of work includes non-destructive testing…
Oceaneering’s Rosyth, Scotland, umbilical and cable manufacturing facility has secured grant funding from Scottish Enterprise (SE). The funding will support Oceaneering’s floating offshore wind dynamic cable qualification projects.The immediate…
U.S.-based subsea services and technology firm Oceaneering has completed a major upgrade of its Ocean Intervention II oceanographic research vessel, equipping it to perform simultaneous autonomous offshore survey missions.The retrofit, carried out in early 2025 on the 25-year-old vessel…
Saab UK has delivered its 600th Seaeye Falcon remotely operated vehicle (ROV) produced in Fareham, built for international subsea specialist DISA International.The latest addition joins DISA’s growing fleet of Saab Seaeye vehicles and contributes…
Island Frontier multi-service vessel (MSV), owned by Island Offshore, has completed another campaign in West Africa for Oceaneering, ahead of embarking on a new project in the region.As part of the campaign, Island Frontier MSV delivered spool…
McDermott has published its 2024 Sustainability Report, highlighting increased renewable energy source to 80% of grid electricity demand across its operations.The company also achieved a 35% reduction in carbon intensity and ISO 50001 energy management certification at four major fabrication yards…
Marine geophysical services company PXGEO has appointed Charles ‘Chuck’ Davison, Jnr. as Executive Chairman and Chief Executive Officer (CEO), effective immediately.Davidson will also continue to serve as EnerMech’s CEO, which shares the same shareholder as PXGEO…
Lloyd’s Register (LR) has awarded an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement to Orbital Marine Power for its O2-X tidal energy converter.The IECRE is a global renewable energy conformity assessment…
The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…
