Following the successful collaboration between Sustainable Marine Energy (SME), SCHOTTEL HYDRO and Black Rock Tidal Power to develop and demonstrate the PLAT-I floating tidal energy system, with deployments in Scotland and in Canada, SCHOTTEL has made a strategic decision to merge its tidal energy businesses into SME.

January 17^th, 2019 marked the launch of a world-first technology platform which aims to transform the oil trading industry through the application of artificial intelligence – OilX. Established in 2018, OilX is a new cargo and flow tracking platform which provides users with a real-time view of the supply-demand balance globally.

Innovative solutions for high-integrity sealing applications developed by Trelleborg Sealing Solutions are to be showcased at the world’s largest annual subsea exhibition and conference next month.

SubCableWorld (SCW) and the Business Network for Offshore Wind (The Network) have formed a partnership to promote offshore wind energy.

Damen and High Speed Transfers Ltd (HST) have signed a contract for a third FCS 2710 fast crew supply vessel, for delivery in September this year.

Aberdeen-based oil and gas production technology business, Pragma Well Technology (‘Pragma’), has been given the green light by Pharis Energy and OGTC to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve (‘DSIV’) following a successful feasibility study.

VesselsValue has laid down the offshore layup stats. VesselsValue's Head of Offshore, Robert Day, is sharing his analysis of the offshore industry from a global perspective.

Subsea 7 has finalized the acquisition of Toisa Pegasus, a multi-purpose offshore construction and dive support vessel. The 2009-built vessel is to be renamed Seven Pegasus and will primarily support Subsea 7’s operations in the North Sea and Asia Pacific.

EdgeTech, a leader in high resolution sonar imaging systems, acoustic release systems and underwater technology, recently delivered an innovative solution for deep water acoustic release mooring recovery.

Royal Dutch Shell plc (Shell) announces the appointment of Wael Sawan as Upstream Director with effect from 1^st July 2019.

A prototype of a garment which could save the lives of offshore workers in the event of an accident at sea was unveiled on Thursday 17^th January.

Offshore Marine Management’s (OMM) Middle East based sister company, Control & Applications Offshore Marine Management (CAOMM), has signed a contract with ULO Systems for the installation of 12,000 concrete mattresses utilizing OMM’s Multi Mattress Deployment System, MDS3.

Wild Well Control (Wild Well), a Superior Energy Services company and the global leader in well control and engineering services, has announced the expansion of its Montrose facility at South Ferryden, UK.

Kongsberg Maritime announces that Swire Seabed AS of Bergen, Norway has ordered a HUGIN AUV System configured for commercial survey applications.

Siemens Gamesa Renewable Energy (SGRE), a world’s leader in the offshore industry, has launched the SG 10.0-193 DD, the company’s first 10+ MW offshore wind turbine.

Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent.