BP has decided to boost its dividend by four per cent and start a share buyback program following a return to profit in 2Q 2021.
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UK-based Apollo Offshore Engineering has set its sight on reducing the costs and risks associated with wave energy through the development of a PALM connector which is said to offer ‘real promise’ for array scale deployments.
The post Apollo’s PALM con…
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Canada-based marine technology company Kraken Robotics has completed the acquisition of 3D acoustic imaging specialist PanGeo Subsea.
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The Nigerian Chamber of Shipping (NCS) has become a full member of the International Chamber of Shipping (ICS) and the first African member state to join the board.
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Valaris is seeing early signs of recovery in rig demand evidenced by new contracts for its fleet of drillships, semi-submersible, and jack-ups.
The post Fresh start for Valaris with new contracts and three stacked rigs returning to work appeared first …
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