It was yet another record-breaking year for pre-purchases of durable, engineered carbon dioxide removal (CDR) credits in the voluntary carbon credit markets, with sales reaching a new high in 2024.

 The specialist energy services engineering and technology company, has successfully completed its latest round of trials for The SABER Tool, its next-generation Rotary Steerable System (RSS) technology, at Catoosa Test Facility (Catoosa).

The renewable energy landscape is evolving rapidly, with solar power leading the way. In 2023, global investments in solar energy reportedly surpassed all other power generation sources—including oil—for the first time.

A market leading P&A company has announced two key appointments as part of its exploration of new global markets.

Supercritical Solutions Ltd (“Supercritical”), a leading innovator in green hydrogen production technology, today announced the successful completion of a £14 million ($17.4 million) Series A investment round, co-led by Shell Ventures B.V. (“Shell”) and Toyota Ventures. 

MODS, a leading provider of intelligent industrial asset management software, has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies.

Schaltbau, a global leader in direct current (DC) technology, is pleased to announce a strategic partnership with fortop Automation and Energy Control UK (fortop UK) as a distributor and systems integrator for its Eddicy range of DC contactors across the UK.

Leading renewable energy consultancy and service provider Natural Power has acted as technical adviser to support NTR on behalf of the L&G NTR Clean Power (Europe) Fund, to successfully acquire the solar and battery energy storage system portfolio ‘Project Monvallet’ in Co. Louth, Ireland; and the solar portfolio ‘Project Ballyteige’ in Co. Offaly, Ireland. 

Forum Energy Technologies’ (FET) Subsea Product Line, a global leader in subsea robotics, has signed a contract for the sale of an electric Sub Atlantic Super Mohawk II remotely operated vehicle (ROV) and Dynacon Launch and Recovery (LARS) system to a North American subsea organization.

STATS Group, a global leader in pipeline isolation and connection solutions, is tackling critical challenges in offshore infrastructure and revolutionising subsea pipeline tie-ins with its advanced mechanical hot tap clamps and proprietary intervention technologies.

TWMA*, a global leader in drilling waste management, has officially broken ground on its latest facility in Habshan, Abu Dhabi.

Key industries contributing to nitrogen oxide pollution and emerging solutions

Due to run until 2029, the updated deal covers the provision of and maintenance of Portable Gas Detection and Rental Robot services.

Aberdeen-based Subsea Supplies, a trusted supplier of advanced offshore and underwater technology equipment, has reached a record-breaking financial year with a turnover of £10 million in 2024.

Forum Energy Technologies (FET) has launched its latest work class Remotely Operated Vehicle (ROV), the XLX EVO III, marking a new generation in Ultra-Heavy-Duty subsea vehicle technology.

Drilling waste management specialist, TWMA*, has announced a landmark partnership with a multinational energy operator for its inaugural exploration project in Egypt.

RTEC Engineering Ltd, a UK-based contract engineering services company near Mansfield in Nottinghamshire, is on a mission to redefine accuracy standards for dynamometers amid the growing global interest in enhancing engine efficiency and performance.

Enhanced contactor series lowers total cost of ownership with up to 25% more energy cost savings