The Covid-19 downturn has once again caused employment rates to plummet in the oil and gas industry.

Trendsetter Engineering, Inc. have been awarded a contract for the provision of a subsea manifold and TCS Connection Systems by LLOG Exploration Offshore, L.L.C. for the Spruance and Dome Patrol subsea developments.

MASSPeople, the new international training standards working group formed by Fugro, Seabot XR and the Maritime and Coastguard Agency, will develop world-class training and competency standards for remote and autonomous vessels.

As part of its growth and diversification strategy, Virtual Marine Technology Inc. (Virtual Marine) has announced the launch of a new Training Division to meet increasing demand for custom curriculum across a range of delivery channels.

Impact Subsea is announcing the appointment of Seatronics Ltd as a distributor of Impact Subsea underwater sensor solutions within the Middle East.  

ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO₂ will be captured and stored permanently offshore.

LOC, part of AqualisBraemar LOC Group, is launching a new digital solution to enhance safety of marine operations within ports and harbors.

Israel Shipyards Ltd., a leading shipbuilding and repair company in the Eastern Mediterranean serving naval and commercial marine markets – will showcase for the first time at NAVDEX its Transfer of Technology (TOT) concept. The company will also present its portfolio of vessels for the Military, Law Enforcement, and HLS markets.

Crude Oil:

Asia is set to become a leader in offshore wind, with Japan, Taiwan, South Korea, China and Vietnam key emerging markets for offshore windfarm developers. 

The design of a brand new European insurance fund for the ocean energy sector is underway, to slash the costs of the first commercial projects and accelerate the roll-out of this exciting new industry.

Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller - Maersk accelerates the efforts to decarbonize marine operations with the launch of the world’s first carbon neutral liner vessel in 2023 - seven years ahead of the initial 2030-ambition.

IRM Systems (IRMS), an independent authority in emergency pipeline repair systems, announced the introduction of the Pipeline Integrity & Budget Optimization Tool (PIBOT), a new modular software package.

Okeanus Science & Technology, LLC (Okeanus), a leading provider of oceanographic rental equipment, turnkey survey systems, and engineered oceanographic equipment, has announced that it has expanded its geographical footprint to include offices and equipment storage facilities in the state of Rhode Island, to support the sharp growth in demand from the offshore energy sector amid increasing offshore wind activity in the northeastern United States.

Leading online valuation and data provider, VesselsValue, announces they are now covering Liftboats. 

Leading coatings manufacturer Nippon Paint Marine has launched a new antifouling technology which enhances antifouling performance to a level and consistency never seen before. It also substantially improves the time and the film thickness required for application, compared to other hull coatings.