Business news

ROV solutions provider announces new US$25 million senior secured credit facility with Cordiant Capital.

TC Energy to issue 1Q23 results on 28 April and hold annual meeting of common shareholders on 2 May.

Both parties commit to setting science-based targets for net-zero goals.

Pembina Pipeline Corporation announces its Board of Directors has declared quarterly dividends for the company's preferred shares.

Arjang Roshan-Rouz brings significant experience in leading a global organisation.

Ocean Installer formalises alliance with Baker Hughes to deliver new subsea engineering solution that provides efficiencies from project appraisal through to operations.

Scantrol has over 20 orders for USV systems, including mTrack systems used to control umbilical management systems for Fugro.

High School Welding Education Initiative continues to expand and help students across the US prepare for a career in welding.

IMI Critical Engineering enhances additive manufacturing capacity with installation of new 3D printing machine at South Korea facility.

Perma-Pipe takes steps to expand operations to Qatar, with mobilisation expected to commence this year.

Energy Transfer to acquire operator of the Centurion Pipeline, a fully integrated crude pipeline and terminal system in the Permian Basin.

STATS Group targets growth in Scandinavian energy sector with new distributor arrangement.

Wood completes carbon capture and transportation studies for more than half of the 300 carbon capture facilities being planned worldwide.

Perma-Pipe opens largest production facility outside North America in the Emirate of Abu Dhabi, UAE.

A vital issue for the industry is that many unanswered questions remain to be resolved before hydrogen becomes a mainstream clean fuel.