Wärtsilä has been selected to supply a comprehensive package of solutions for two new state-of-the-art vessels being built for the Netherlands-based shipping company Spliethoff. The ships are under construction at the Fujian Mawei Shipbuilding yard in China. The order with Wärtsilä is booked in November 2019.

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, says GlobalData, a leading data and analytics company.

Kongsberg Digital, part of KONGSBERG, and MacGregor, part of Cargotec, have entered into a collaboration agreement to test the interface of MacGregor’s OnWatch Scout condition monitoring and predictive maintenance service within Kongsberg Digital’s Vessel Insight data infrastructure solution.

In a world-first, Rovco has launched “SubSLAM Live” a 3D Streaming technology which allows clients to video and live stream 3D underwater pointclouds to any device in the world.

Drone makers are collaborating with oil and gas companies to develop custom drones with data collection technology to obtain real-time insights, according to GlobalData, a leading data and analytics company.

McDermott International, Inc. and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan, announces that Train 2 of the Cameron project, located in Hackberry, La., has reached the final commissioning stage.

Inmarsat, a world leader in global, mobile satellite communications, has confirmed the successful launch of GX5, the fifth satellite in the world leading Global Xpress (GX) fleet delivering Fleet Xpress high-speed maritime broadband services. The satellite was lifted into orbit by an Ariane 5 launch vehicle from the Ariane Launch Complex No. 3 (ELA-3) in Kourou, French Guiana.

McDermott International, Inc. (NYSE:MDR) ("McDermott" or the "Company") announces that it has been granted access to the second tranche ("Tranche B") of the $1.7 billion superpriority senior secured credit facility (the "Agreement") announced on October 21, 2019.

Motive Offshore Group, a specialist in marine equipment fabrication and rental, has rounded off the final quarter of 2019 with the launch of a new Flexibles division and supporting acquisition.

Equinor and OMV have agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea as of 1 December.

Siemens Gamesa Renewable Energy (SGRE) and Vattenfall extend Hollandse Kust Zuid turbine supply to cover the entire Hollandse Kust Zuid wind farm zone, making this the largest turbine collaboration to date for Vattenfall. Vattenfall will act as launching customer to pioneer Siemens Gamesa’s most powerful offshore wind turbine.

According to a study, the autonomous underwater vehicle market is expected to be valued at US$ 371.3 Mn in 2019. During the course of the forecast period, the market is expected to register a CAGR of over 6%.

Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil prices.

Kosmos Energy has completed drilling the Resolution exploration well (Kosmos 50%, BP 50%) in the U.S. Gulf of Mexico.

Intellian, a leading provider of satellite communications systems, has appointed Mr. Cheng-Yu Tang as Vice President and Head of Asia-Pacific region, based in Hong Kong SAR, China. He reports to CEO, Eric Sung; and his appointment is in-line with Intellian’s plan to maximize business efficiency and to achieve its strategic objectives in the APAC region.

Saipem has been awarded a contract by the French company EDF Renewables for the construction of the Neart na Gaoithe (NnG) wind farm offshore Scotland.