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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.

Following two successful geotechnical data acquisition awards in the Taiwan offshore wind farm sector in 2020, Fugro IOVTEC Co. Ltd (Fugro IOVTEC) has secured their third offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The project will follow Fugro’s “Triple A” approach of acquiring, analyzing and advising on Geo-data, and the contract will take around 10 months to complete.

Teledyne CARIS, a Teledyne Technologies company [NYSE: TDY], has welcomed Mr. Geoff Dean to the group as USA Sales Manager. In this role Geoff will concentrate on expanding the reach of Teledyne CARIS software products, while using his in-depth industry experience to provide seamless service and support for existing clients.

Three leading tidal developers have joined forces as a Tidal Alliance at OEE2020, to show the world that tidal is ready for the main stage: Orbital Marine Power, SABELLA and Sustainable Marine Energy. Europe leads the way in tidal energy globally, with European developers transforming the technology into a mainstream power source.

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.

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