The acquisition is expected to strengthen Ashtead's product and service offering in the oil and gas and offshore wind markets.

The awarded projects encompass various developments in the Gulf of Mexico, involving the procurement, fabrication, coating, and testing of subsea structures.

SEA-KIT International, a longstanding collaborator with Fugro, specializes in the development of uncrewed surface vessels (USV) for maritime operations and research aimed at reducing carbon emissions.

The FPSO, located in the Anasuria cluster, is overseen by the Anasuria Operating Company (AOC), a jointly-controlled entity by Ping Petroleum and Hibiscus Petroleum's Anasuria Hibiscus UK.

Initially reported as targeted and boarded, the tanker's 22 crew members are confirmed to be safe and unharmed.

The partnership will focus on industrializing Shearwater's marine vibratory source technology and associated services for use in the Brazilian offshore basins.

The company continues to strengthen its global footprint and contribute to the energy transition by supporting major projects around the world.

This marks OEG's fifth deal this year and aligns with its strategy to explore opportunities in the flourishing offshore renewables sector in mainland Europe.

The offshore operations are slated to commence in December 2023.

The operation, conducted for the Moray West offshore wind farm, marks the largest collection of munitions handled on a single wind farm development.