With the passing of the historic infrastructure bill in August 2021, the backbone of the United States will undergo a transformation over the next several years.
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Equinor and its partners, together with Norwegian authorities, take new steps to meet the gas demand in Europe. Increased production permits allow the high gas production from the Troll, Oseberg and Heidrun fields to be maintained through the summer months.
Claxton, the lead brand for Acteon’s drilling and decommissioning segment, has signed an agreement with Oceaneering to acquire decommissioning personnel and assets from them.
bp and Eni confirmed that they have signed an agreement to form a new 50/50 independent company, Azule Energy, a bp and Eni company, through the combination of the two companies’ Angolan businesses. The agreement follows the memorandum of understanding between the companies agreed in May 2021.
Ocean energy deployments are back to pre-pandemic levels, with Europe installing over ten times as much tidal energy capacity and three times as much wave energy compared to 2020. Investment interest in the sector also rose, with a slew of announcements by large industrial players and public authorities.