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Two leading energy technology and innovation organizations announced on July 22, 2020, a five-year collaboration to deliver next generation energy technologies and accelerate the United Kingdom’s transition to a net zero future.

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023 according to a Rystad Energy analysis. However, suppliers could diversify some oil and gas capabilities and replace up to 40% of 2019’s revenue by servicing the renewable markets.

All countries maintain accounts that tell a story about their economy. The most well-known feature of these national accounts is Gross Domestic Product or GDP, a single number that summarizes the size of an economy represented by the total value of certain goods and services produced, usually each quarter or year.

Sparrows Group has secured a three-year contract renewal to supply a rental crane to Vedanta Resources Limited, extending its relationship with the company to nine years.

Crowley Solutions’ government services group, a leading provider of energy, maritime, technology and supply chain services for the U.S. government, has been awarded a multi-year contract from the Defense Logistics Agency Energy.

Ocean Energy Europe 2020 program spotlight: Wave energy technology keeps advancing, showing that innovation is at the heart of the blue energy revolution. 

The three-year-old company based in Ireland provides turnkey underwater data acquisition services with its growing fleet of innovative unmanned surface vessels (USVs) which deliver an unprecedented combination of safety, versatility, efficiency and productivity.

On July 18^th , the Realization and Demonstration of Advanced Material Solutions for Sustainable and Efficient Ships (RAMSSES) project reached a key milestone.

Morgan & Eklund, Inc (M&E), a Florida-based land and hydrographic survey firm, has released details of critical pre-and post-construction surveys for Eastman Aggregate Enterprises LLC, a contractor working with the U.S. Army Corps of Engineers, together with the City of Miami Beach and Miami-Dade County, of the completed Miami Beach Hotspots Beach Renourishment Project.

The location has been chosen to support CorPower’s flagship demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms.

Sparrows Group has enhanced its position in the US industrial market after securing a key distributor agreement with SKF, one of the world’s largest lubrication system, bearing and seal specialists.

Interocean Marine Services Limited, a Rigmar Group company, has been awarded an integrated contract for the design, procurement and installation of two tri-catenary mooring systems.

VIKING Life-Saving Equipment has won a tender to supply the Hellenic Army Special Forces with its Munin S1200 daughter craft, the largest boat type currently offered by VIKING.

Huntington Ingalls Industries’ (NYSE:HII) Technical Solutions division announced that it has completed a strategic equity investment in Sea Machines Robotics, Inc., a Boston-based autonomous technology company that specializes in advanced software for unmanned surface vessels (USVs).

TDI-Brooks recently completed two (2) EPOS projects in Mexico for TOTAL in Blk. 2 (Perdido) and Capricorn Energy Mexico (CAIRN) in Blk. 9 (Sureste Basin). The Blk. 2 EPOS program was in deep-water (~3,300 m) offshore northern Mexico, while the CAIRN project was a shallow water project. These were the first EPOS programs completed in this COVID work environment.