Subsea 7 has been awarded a sizeable⁽¹⁾ contract by Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development, located in the UK sector of the southern North Sea. 

U.S.-based Sea Machines Robotics, a leading developer of autonomous command and advanced perception systems, announces that Amsterdam-based Deep BV will upgrade one of its survey vessels with a Sea Machines SM300 autonomous control system.

Bosch Rexroth won the Spotlight on New Technology™ Award from the Offshore Technology Conference (OTC 2020) for its High Force and Low Voltage Subsea Valve Actuator (SVA).

Maritime technology specialist Sonardyne International Ltd. has introduced a collision avoidance capability for naval, commercial, passenger and private vessels with its new Vigilant Forward Looking Sonar (FLS).

Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized oil and gas prices. Despite a depressed outlook for 2020, big oil remains committed to dividend payments as shareholders are prioritized, says GlobalData, a leading data and analytics company.

Crowley Solutions, a leading provider of energy, maritime, technology and supply chain services for the U.S. government, has been awarded a multi-year contract from NATO Support & Procurement Agency (NSPA) for global fuels services consulting.

Global subsea wireless and digitalization specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the organizers of The Offshore Technology Conference (OTC) during what would have been their annual flagship conference in Houston.

Ampelmann has reached an important milestone in the Middle East – one million safe personnel transfers in nearly a decade of operating in the region.

Equinor reports adjusted earnings of USD 2.05 billion and USD 0.56 billion after tax in the first quarter of 2020. IFRS net operating income was USD 0.06 billion and the IFRS net income was negative USD 0.71 billion, following net impairments of USD 2.45 billion.

The OGA is embedding the Net Zero challenge in its own work, and supporting the industry as it rises to this challenge

Equinor ASA has divested its financial shareholding in Lundin Energy AB, comprising around 14 million shares and corresponding to its 4.88% percent of the shares and votes, at a total sale price of approximately SEK 3.3 billion.

Aqueos Corporation, a premier provider of subsea services to the Gulf of Mexico and Pacific Coast, celebrates its 20^th year in the marine construction, commercial diving, ROV and vessel services industry.

Petrobras exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening the company's cash flow. The previous record was 771 thousand barrels per day, set in December 2019.



ThayerMahan Inc. ("ThayerMahan"), a leading maritime technology company providing autonomous marine sensing solutions, announced that it closed on $10 million of new financing from AE Industrial Partners Structured Solutions I, LP ("AEI Structured Solutions"), an affiliate of AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.

A leading service provider in the West African offshore energy sector, Nigeria-based Geocadinal Integrated Services, has ordered a Saab Seaeye Falcon, fully fitted for survey work.