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With rising inflation and an increasing capital cost borrowing environment posing challenges for upcoming oil and gas projects, the overall oil and gas industry’s disclosed contract value saw a significant quarter-on-quarter (QoQ) decrease of 48% in Q1 2023, reveals GlobalData, a data and analytics company 

The International Energy Agency (IEA), International Energy Forum (IEF) and the Organisation of the Petroleum Exporting Countries (OPEC) held the ninth Joint IEA-IEF-OPEC Workshop on Interactions between Physical and Financial Energy Markets 

Okeanus Science & Technology, LLC (Okeanus), an international provider of specialised ocean equipment and marine engineering services, announced the successful delivery of a 1,500 m depth rated, 500 kg safe working load, underwater mooring winch custom designed for integration within a large displacement uncrewed underwater vehicle (UUV) earlier this year

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