Bourbon Mobility is working on a pioneering project in Angola to set up new Subsea 7 personnel logistics on the Zinia 2 project, Block 17.

Gibbs & Cox will support their partner, Halter Marine, on the recent auxiliary general ocean surveillance ship (T-AGOS(X)) industry study award. With the detail design and construction contract award expected in 2022, we are excited to begin laying the foundation for the anticipated delivery of the first vessel in 2025.

Baker Hughes has announced the successful launch of Terminator, its vessel-deployed subsea wellhead cutting system. Using a first-of-its-kind mechanical wellhead removal method, the Terminator system has already proven its capabilities by successfully cutting a subsea wellhead from an abandoned exploration well owned by Wintershall DEA in Norway.

Boston-based Sea Machines Robotics announces that it has partnered with shipbuilder Metal Shark Boats, of Jeanerette, Louisiana, to supply the U.S. Coast Guard (USCG)’s Research and Development Center (RDC) with a new Sharktech 29 Defiant vessel for the purposes of testing and evaluating the capabilities of available autonomous vessel technology.

Prime Minister Erna Solberg and Kværner apprentice Arne Linga started construction of Hywind Tampen, a floating offshore wind farm, at Kværner Stord. The technology project opens up new opportunities for Norwegian industry.

Kongsberg Digital announces the signing of a contract to deliver an Advanced Navigation Research Simulator (ANRS) to the newly-established Centre of Excellence in Maritime Safety, CEMS, in Singapore.

CGG GeoSoftware has launched WellPath, a new interactive 3D well path planning solution for optimal well planning in unconventional and fractured reservoirs and offshore development platforms, as part of its InsightEarth® 3D visualization and interpretation software suite.

Damen Shipyards Group has completed the transformation of the corporate governance structure into a separate Executive Board and a Supervisory Board with the appointment of three new external, independent Supervisory Board members: Jurgen van Breukelen, Bert Greven and Henk Rottinghuis.

Two leading energy industry entrepreneurs have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses.

Gyro stabilization technology company Smartgyro is introducing the SG40 and SG80, two sophisticated gyroscopic stabilizers offering unique performance and maintenance benefits to boat owners and boatbuilders.

Nexans has signed a contract with Subsea 7 to design and manufacture 46 km of umbilicals for the Sangomar field, offshore Senegal.

Alpha has opened a new training centre in Houston after achieving accreditation from the Global Wind Organization (GWO) to deliver its Basic Safety Training (BST). The base makes the company one of only seven providers accredited to supply the globally recognized GWO training courses in the United States.  

Crude Oil:

The global oil and gas market demand for large-diameter offshore pipeline, known as trunkline, is set for an annual drop of 26% this year, with the size of total installations forecasted to reach 2,150 kilometers (km), a Rystad Energy analysis shows. This downturn’s impact on trunkline demand is, however, lighter than that of 2016, and recovery is likely to be swift, led by projects in the Middle East.

Equinor and its license partners Petoro AS and Wellesley Petroleum AS have found oil and gas in the Swisher prospect. Recoverable resources are estimated to be in the range of 2-6 million standard cubic meters of oil equivalent, corresponding to 13-38 million barrels of oil equivalent.

iXblue has been awarded two significant hydrographic charting projects this month.