Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas has engaged Mammoet as an unloading, transportation and installation contractor for the Arctic LNG 2 project. 

The Covid-19 pandemic and the price crisis it has brought upon the oil and gas sector have hit the profitability of exploration and production (E&P) companies hard. Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of $30 per barrel. A Rystad Energy analysis shows that royalty exemptions could save the day for many of them.

Oceaneering International, Inc. (Oceaneering) has been awarded a considerable asset integrity contract from a major operator based in Dubai, UAE. The award includes the provision of general and advanced non-destructive testing (NDT) and fabric maintenance inspection services across the operator’s onshore and offshore facilities in the Middle East.

As the offshore wind market matures, project owners are faced with the reality that crew transfer vessel (CTV) operators are finding it increasingly challenging to match demand for vessel designs that perfectly meet the logistical challenges of each site.  That is, at least, according to Reygar Ltd., the leading provider of innovative remote monitoring and reporting platforms to the offshore wind industry.

Through a private placement, Kongsberg Digital has acquired additional shares in NorSea Digital, now KONCIV, together with the private investor Jacob Møller. NorSea remains its largest owner. The company provides digital logistics services through its cloud solution. 

Seven companies - Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company, and Mitsubishi Corporation – have announced establishment of the “e5 Consortium,” with the goal of establishing new ocean shipping infrastructure services through various initiatives to develop, realize, and commercialize zero-emission electric vessels.

Global completions service company Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator.  

BP International Limited (BP) and Worley have entered into two global framework agreements; one for conceptual engineering and the other for early engineering and front‐end engineering design (FEED) services. Both agreements are for a term of two years to provide services to BP’s global offshore developments.

Fugro has received USD 17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd. This transaction was announced in a press release on October 30, 2019. 

Aberdeen Drilling Consultants (ADC), a specialist rig inspection company, has launched a resilience audit to help the global oil and gas industry maintain safe operations by protecting against the spread of COVID-19 on offshore installations.

Wärtsilä will supply a complete navigational simulator upgrade for the Le Havre pilot station in France. The intention is to provide the pilot station with a totally new simulator specifically adapted to the requirements of the pilots’ operations. The order with Wärtsilä was placed in February 2020.

Fugro has begun work on its first task order under a recently awarded multi-year hydrographic services contract with the US National Oceanic and Atmospheric Administration (NOAA).

2H Offshore, a riser and conductor specialist in subsea services group Acteon, has completed the installation of another lightweight, conductor supported, minimum facility wellhead platform offshore Sarawak, Malaysia.

Trelleborg’s applied technologies operation supports hydrocarbon storage with DryFoam, a proven UL certified non-water fire prevention solution, specifically designed to suppress up to 98% of vapors, protecting people and property from fire.

Mammoet’s versatile and adaptable Hydro Deck allowed for efficiency during a marine transportation for Sembcorp Marine Integrated Yard Pte Ltd. Its task was to transport a 5,000t offshore substation topside and a 1,500t reaction compensation station topside from Batam, Indonesia to Singapore.

Sparrows Group has promoted Adam Wood to its most senior role in the Americas as it looks to continue its diversification into the onshore industrial market in the region.