Month: August 2026

Zupt is deploying its 3D Recon V2 imaging system for a U.S. Gulf inspection campaign, using high-resolution 3D models to support subsea asset integrity assessments.

Xodus estimates the Asia Pacific CCUS market could reach £187.8 billion by 2035 as countries advance carbon capture, cross-border CO₂ transport and geological storage projects.

CoreMarine has acquired Brazil-based BravOcean, adding local subsea installation and project management capabilities as it expands in Brazil’s offshore and deepwater market.

Denholm Pipetech has opened a new facility in Sandnes and invested more than NOK 6 million in equipment and upgrades as it expands its flow remediation business across the Norwegian Continental Shelf.

California Resources has agreed to sell its Uinta basin assets for approximately $90 million, divesting non-core properties acquired through the Berry merger as it focuses its portfolio on California.

Square Robot has won a 2026 NIOSH safety award for its SR-3 robotic inspection system, which allows above-ground storage tanks to be inspected onstream without confined-space entry.

BKV has completed its previously announced Barnett shale acquisition, adding more than 65 MMcfe/d of production, 0.35 Tcfe of PDP reserves and approximately 117,000 net acres.

Shape Digital is deploying its AI-powered flare intelligence technology across 10 MODEC FPSOs in Brazil following a pilot, targeting unplanned flaring and improved offshore operating efficiency.

Maritime Developments has completed a deepwater SURF decommissioning campaign in Brazil’s Campos basin, using its portable recovery spread aboard the operator’s existing multipurpose vessel.

U.S. Steel has received the final permit for a $475 million quench-and-tempering facility in Alabama that will expand tubular capacity for the Permian, Eagle Ford, Haynesville and Marcellus basins.