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On 24 February, Fugro in France relocated to a modern office space, Espace Le Carillon, close to the central business district of La Défense in Paris, thus achieving another milestone in its ambitious plan to enhance Fugro’s presence in France.

The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand growth to be lost in 2020. As global stocks increase by the day, the ongoing OPEC+ meeting is unlikely to result in cuts sufficient enough to balance the market, under all of our scenarios.

Independent global completions service company Tendeka has received a Letter of Intent for a substantial multi-million-pound scope to supply sand-face completion equipment to Aker BP’s Norwegian assets.

ThayerMahan Inc., a world leader in autonomous maritime security solutions, has teamed with iXblue, a global high-tech company specializing in navigation, acoustic positioning, and underwater imaging, to provide unmanned maritime and survey services using iXblue’s DriX Unmanned Surface Vehicle (USV) in North America as well as in other parts of the world.

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