Skip to main content

Offshore & subsea

 
 

Mermaid Maritime incorporates UK subsidiary

The Thailand-based company intends to utilise the subsidiary as a vehicle to expand the provision of its subsea and related services into the UK North Sea.

 
 
 

ICR Integrity posts annual results

The company recorded underlying EBITDA of £8.8 million in 2019 (FY18 £8.7 million) after £1.1 million OPEX investment in global operations.

 
 
 
 

Equinor aims to halve net carbon intensity by 2050

Equinor has said the target is expected to be met primarily through significant growth in renewables and changes in the scale and composition of the oil and gas portfolio.

 
 
 
 
 

Norway may limit access to Arctic resources

Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil.