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Vaarst, a spinoff from subsea robotic and hydrographic survey company Rovco, wants to accelerate advancement in ocean robotics by providing access to artificial-intelligence technology to marine and subsea providers for autonomous robotic work.

Forecasters are predicting the sixth ‘above-average’ Atlantic storm season in a row.

The acquisition adds 2 or 3 years to Enerplus Corporation's development inventory, it said of the cash deal that follows its purchase of Bruin E&P earlier this year.

The organization has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of carbon capture and storage projects.

The Japanese contractor received word in early April it would be temporarily banned from new competitive bidding.

Occidental Petroleum has split from some of its larger rivals by rejecting a potential US carbon tax, saying that it prefers the existing system of tax credits.

Asian markets continue to represent the leading edge of global economic growth, and with many of the international oil companies divested from the region, Southeast Asian operators in particular see themselves well positioned for the future.

The honorees will be recognized later this year at the OTC Distinguished Achievement Awards Luncheon.

The service giant and a technology developer from Norway seek to create a broader market for two technologies aimed at lowering topside footprints and improved operational efficiency.

In a test of the future of the hydrogen business, Baker Hughes is one of three companies starting a fund whose goal is to raise €1 billion to invest in a clean hydrogen infrastructure.

Duo launches center of excellence aimed at promoting and expanding nonmetallic materials’ role in construction.

GeoMark’s RFDbase contains raw data from every major petroleum basin in the world that can be used in training models to link subsurface characteristics to wellhead performance.