Cloud-based systems are typically cheaper to run than physical systems as they require less expenditure on computer hardware, monitoring and software licenses. The move will save Aker Solutions about 20 percent on software licensing costs alone.

Danfoss, a leading supplier of hydraulic and electric systems and components for use primarily in applications of mobile equipment, has appointed Justin Thomas as Business Development Manager of its Marine, Oil & Gas business for the company’s Power Solutions segment.

2H Offshore, riser and conductor specialists in subsea services group Acteon, has announced the launch of the Measurement-based Wellhead Fatigue Joint Industry Project (JIP), which will see 2H Offshore work with operators to improve riser, wellhead and conductor fatigue estimates and make drilling operations more reliable and efficient.

RAMCO, an international specialist in the care and maintenance of oil country tubular goods (OCTG), has signed a major contract with Equinor (formerly Statoil) for inspection and mobilisation of casing and tubing in Norway, worth more than $10 million USD a year to 2024.

Forum Energy Technologies, Inc. announces that it received an order from Submarine Manufacturing and Products, Ltd. (SMP) to supply a submarine rescue vehicle (SRV), a work-class remotely operated vehicle (ROV), and associated launch and recovery systems.

Subsea technology company Seatools has completed the delivery of a highly automated fall pipe ROV on behalf of its client Van Oord. The ROV will serve Van Oord’s new subsea rock installation vessel “Bravenes.” The 450-kW rock installation ROV successfully underwent extensive sea trials and is ready to be deployed for SRI campaigns.

Neptune Energy Group announces that David Hemmings will take up the position of Vice President Business Development starting in early July 2018.

Subsea 7 S.A. announces the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 miles north-east of the Shetland Islands.

For the first time, the BP Statistical Review of World Energy includes data on the fuel mix in the power sector, which strikingly is unchanged from 20 years ago, and key materials (eg, lithium and cobalt) for the changing energy world

Danos announces that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, has awarded a contract to Danos to provide coatings for Shell’s deep-water Appomattox platform in the Gulf of Mexico. The coatings project is expected to last approximately six months.

International energy consultancy Xodus Group has appointed Peter Tipler as its Renewables Director to help drive growth across the sector.

Forum Energy Technologies has moved to expand its operations in Europe by appointing a new single distributor for its extensive fleet of subsea vehicles across The Netherlands and Belgium.

Bureau Veritas has strengthened its offering to marine and offshore clients with significant promotions and appointments to its senior teams in North America and Europe.

Ocean Infinity announces that it has been awarded a contract by Woodside Energy Limited (“Woodside”) to provide data in support of the Scarborough field development. The Scarborough field is located 375 kilometers west-north-west of the Burrup Peninsula in Western Australia.

NACE International announces that it has formed the NACE Corrosion Consortia, a new service facilitating corrosion mitigation research for companies, government bodies, research organizations, universities, and other associations seeking to solve corrosion issues.

Prysmian Group announces the launch of its new organization and begins its integration with General Cable. The newly created Group is a world leader in the energy and telecom cable systems industry with global headquarters located in Milan, sales of over €11 billion (pro-forma as of 31.12.2017) and approximately 30,000 employees at 112 plants and 25 R&D centers in over 50 countries.