Global data analytics provider Verisk has agreed to sell its energy intelligence subsidiary Wood Mackenzie to Veritas Capital for $3.1 billion in cash consideration payable at closing plus future additional contingent consideration of up to $200 million.“This transaction best positions Verisk to expand our role as a strategic data, analytics, and technology partner to the global insurance industry…
Veritas Capital has completed the acquisition of energy industry intelligence company Wood Mackenzie from Verisk.The acquired company will be led by Mark Brinin, who has been promoted from Co-President to Chief Executive Officer. Joe Levesque…
Kraken Robotics' SeaVision 3D underwater laser scanning technology is primarily used in assisting the offshore energy sector to acquire quality subsea asset integrity information. Specific examples include providing measurements to help clients…
Inmarsat, a mobile satellite communications services provider, will roll out an Internet-of-Things (IoT) solution to more than 60 of Saudi-based Zamil Offshore's vessels in the Gulf area.The solution - powered by Fleet Connect and Fleet Data…
Singapore-based offshore support vessel owner Vallianz Holdings is working to speed up the digitalization of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat.According to Inmarsat…
Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…
DNV has informed that Michele Tihami has rejoined DNV as Head of Ventures, Scaling, and Partnerships to bolster the innovation and growth expertise of the company. In this role Tihami will focus on developing merger opportunities for the Energy Systems business area in DNV…
UK-based Proserv said Wednesday it had secured a deal to supply its 'holistic' cable monitoring system (CMS), ECG, at Equinor’s Hywind Scotland floating offshore wind farm.The 30 MW Hywind Scotland pilot park, consisting of five 6 MW turbines…
MO4, a company providing digital twin solutions for offshore wind farm O&M and turbine and installation vessels, has won a 10-year contract with North Star, a company soon to have a fleet of service operations vessels (SOV) of offshore wind…
The Offshore Technology Conference (OTC), to be held in Houston between May 2–5, 2022, announced today the winners of the 2022 Spotlight on New Technology Award. 'This prestigious award is presented to OTC exhibitors who are revolutionizing…
Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…
Reach Subsea has agreed to buy OCTIO AS, a provider of monitoring solutions for oil and gas producing fields and CO2 storage reservoirs, from Equinor Ventures.OCTIO performs the geophysical studies that lead to overall monitoring strategies…
Canadian marine technology company Kraken Robotics's subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund…
Inmarsat, the mobile satellite communications provider, has extended its Fleet Xpress service agreement with offshore vessel owner Maersk Supply Service. The extension includes fleet-wide IoT-based ship management connectivity on separate, dedicated bandwidths…
The Norwegian offshore vessel owner Solstad Offshore has signed a deal with Inmarsat for its new Fleet LTE service, which will cover the connectivity needs of multiple Solstad Offshore vessels in the North Sea.Mobile satellite communications…
Subscribe
