The Prysmian Group's leadership team, composed of Valerio Battista and the 20 managers directly reporting to him at world level, has informed the Company that it has accepted the Chief Executive Officer’s proposal to invest 50% of its net incentive — granted for the positive performance achieved at the level of 2019 results, in line with the objectives set by the Company — in shares of Prysmian S.p.A.

Following a competitive tender process, leading safety product manufacturer and service provider VIKING Life-Saving Equipment has won a three-year contract to supply personal protective equipment (PPE) to Serica Energy, one of the UK’s leading oil & gas companies.

Forum Energy Technologies has secured an order from PT Amman Mineral Nusa Tenggara (“Amman Mineral”) to supply one of its observation-class remotely operated vehicles (ROVs) to support operations at Indonesia’s second largest copper and gold mine.

The EU-funded Ocean DEMO project has awarded recommendations for support to ten offshore renewable energy developers under its 2nd call. The awards will support developers on their path to commercialization and ease the transition of ocean energy towards multi-device farms by providing free access to open sea test sites.

The U.S. oil industry has certainly seen better days. Surging production by Russia and Saudi Arabia along with a sharp drop in demand due to the COVID-19 pandemic have pushed global oil benchmark prices to nearly $20 per barrel. The last time oil prices were that low Bill Clinton was president. On Friday, April 3, the heads of several U.S. oil producers will meet with President Trump to make their case for some type of relief.

Teledyne Marine has promoted Paul Conner to the role of Channel Manager for the Instruments & Imaging sales team in the Americas. Paul will be working with the organization’s sales managers and global channel partners to help drive the team strategy, customer support and engagement. 

Applied Petroleum Technology has been awarded a global frame agreement by Wintershall Dea GmbH to supply geochemical analyses for the energy company’s E&P efforts around the world. 

Electro technical system integrator Bakker Sliedrecht will renew, modify, extend and integrate all electro technical installations of Boskalis’ new crane vessel Bokalift 2, which will be taken into service in 2021.

Magseis Fairfield has been awarded a deepwater ocean bottom node (OBN) project in the Mexican sector of the Gulf of Mexico. Work is scheduled to commence in the third quarter of 2020 and will take approximately 60 days. The survey will be carried out in water depths of 2,000 to 2,600 meters.

Rovco, one of the offshore energy industry’s leading providers of ROV, hydrographic and artificial intelligence-based technology services, has announced a number of key executive team hires and internal appointments.

Quality Companies, a global offshore and onshore construction, fabrication and electrical and instrumentation company, has appointed Derek Bollom as vice president of offshore and offsite operations for Quality Construction and Production.

Kongsberg Maritime has taken another bold step in the implementation of its market-leading strategies for autonomous, sustainable shipping thanks to the company’s involvement in an ambitious new tugboat project.

This month SEAMOR Marine’s latest innovation, a Remotely Operated Vehicle (ROV) with 3-kilometer capacity, arrived in western Panama, where one of the country’s hydroelectric generation companies has begun using it for tunnel inspections of two hydroelectric projects on the Old Chiriqui River.

AqualisBraemar, a global marine, energy, offshore consultancy service provider, has set up a new office in the Port of Tyne to support its rapidly developing rig inspection services and to be closer to numerous clients in the North East of England.  

STATS Group has strengthened its presence in Oman with the opening of a new workshop, storage and testing facility in Muscat.  

SevenCs will be releasing a new version of their chart validation tool, the 7Cs Analyzer, at the end of March 2020. 7Cs Analyzer Version 4.2. comes with great new features to make chart validation more flexible and customizable.