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The Shareholders’ Meeting held on April 18, 2024, confirmed the appointment of Massimo Battaini as Prysmian’s new Chief Executive Officer and General Manager. This marks the entering into force of the new organizational structure, aimed at supporting the Group’s strategic plan and value creation.

The National Ocean Industries Association (NOIA) Board of Directors has elected Jonathan Landes, President, Subsea of TechnipFMC, as the NOIA Chair for the 2024-2025 term. Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, was elected as the 2024-2025 Vice Chair. Jon and Joe were confirmed in their positions during the NOIA Board of Directors meeting this morning. In a separate press release, NOIA announced the Executive Committee and Board of Directors positions for the 2024-2025 term.

The Maridive Group, known for its 40 years of expertise and a strong track record in providing offshore oil services, has made a strategic investment in DNV’s ShipManager Classic for its impressive fleet. Embracing ShipManager's modular approach for all its marine units, Maridive has opted for the complete suite, leveraging the comprehensive features to optimize technical, operational, and compliance aspects across its organization.

“2023 was a very strong year for Kraken, with 70% growth in revenue and 166% growth in Adjusted EBITDA. We expect our strong growth trajectory to continue in 2024. To use a baseball analogy, we are in the second inning of a nine-inning ball game,” said Kraken President and CEO Greg Reid. “We have a strong pipeline of opportunities and a unique competitive position. In 2023, we made significant improvements in our business, including strengthening our technical and commercial depth, adding specific skillsets to our board of directors, and making significant investments in headcount and infrastructure. While not always apparent to external parties, these changes are positioning us to capture significant new business and improve our execution in the future. Below, I highlight several points that give us confidence that our future looks bright as the Kraken team brings our world class solutions to existing and new customers across the defense and commercial markets.”

Petrofac, a leading provider of services to the global energy industry, has been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.

Damen Naval has selected Kongsberg Maritime Sweden to deliver controllable pitch propellers and shaft lines for the four Anti-Submarine Warfare (ASW) frigates for the Netherlands and Belgium. As part of this contract, Kongsberg will supply four shipsets of its controllable pitch propeller systems and associated equipment including blades, hubcaps, hubs, and shaft lines.

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