Company Updates

America’s offshore wind leader Ørsted is significantly expanding its US co-headquarters in Rhode Island, including announcing its new US Engineering, Procurement, and Construction (EPC) Hub in the Ocean State.

Wood, a global leader in consulting and engineering, has formed a new strategic alliance focused on enhancing efficiency, continuous improvement, and value creation across bp’s global Site Projects organization.

OrbitMI, a leading provider of maritime intelligence and analytics solutions, announces the appointment of Tobias Constien as its new Director of Product Management, effective April 2024. Constien brings experience in maritime technology, with a robust background in digital transformation, product strategy, and innovation within the sector.

Talos Energy Inc. is announcing that Tim Duncan has stepped down from his role as President and Chief Executive Officer, effective August 29, 2024. Joseph A. Mills, who has served on the Company's Board since March 2024, will serve as interim President and Chief Executive Officer until a successor is in place.

AEGIR-Marine, the Netherlands-based stern tube seal and propulsion system service provider, is announcing that it has applied for B Corp certification. The move represents the company’s next step in its drive to raise the level of sustainability throughout its operations.

Advanced Navigation, a world leader in Assured Position, Navigation and Timing (APNT) and autonomous systems, has expanded its defense arm in the US through the appointment of Wayne Prender as Global Head of Defense. The decision underscores the Australia-based company’s commitment in deepening the technology trade between the US and Australia.

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