On March 30th, in Hardinxveld, the Netherlands, Damen Shipyards Group handed over a Multi Cat 1908 named Patricia Matheson to Inverlussa Marine Services. The company, based on the Isle of Mull, Scotland, will operate the vessel in the aquaculture industry. 

The setup of mooring lines has never been an easy task. This seemingly simple action often requires vessels for transportation, which has high labor costs and low efficiency. Recently, a passenger port in Zhuhai, China has created a new solution for long distance line deployment using a new type of small water-jet board.

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.

Williams has reached an agreement with Chevron and its co-owner, Total E&P USA, Inc., to provide offshore natural gas transportation services to the Anchor development. Anchor is located 140 miles off the coast of Louisiana in the Green Canyon area of the Gulf of Mexico.

TSC Strategic, an ocean industries media and marketing agency, has announced details of a new market study that forecasts revenues of $3 billion from global ASV sales by 2024.

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.

The National Ocean Industries Association (NOIA) and the Louisiana Mid-Continent Oil & Gas Association (LMOGA) asked Federal and Louisiana government officials for allocation of COVID-19 test kits and equipment for workers in the offshore sector.

EdgeTech, a leader in high resolution sonar imaging systems and underwater technology, recently promoted Gene Andella to the role of Customer Service Manager.

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

On Monday, April 27^th, Damen Yichang Shipyard in China hosted a steel cutting ceremony with a difference. As a result of safety measures surrounding the global COVID-19 outbreak, the occasion of first steel cut for a Damen RoPax Ferry 6716 for the Government of Timor-Leste was marked by a digital gathering. 

When a large North Sea operator needed two rapidly deployable pressure loggers to meet an imminent offshore mobilization, they turned to Aquatec Group for a turnkey service.

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.