Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for year-ended December 31, 2019.

Martin Neubert, Executive Vice President and CEO of Ørsted Offshore, says:

The hybrid jack-up rig Maersk Intrepid has been awarded a contract for the drilling of three wells and plugging of one on the Martin Linge field. Maersk Drilling will also get a framework contract with Equinor. 

The International Marine Contractors Association (IMCA) is supporting the call to action to recognize the significant efforts being made by seafarers and offshore workers globally during these challenging times caused by the COVID-19 pandemic.

Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc, comments on the first quarter 2020 results

Wind off the coasts of the U.S. could be used to generate more than double the combined electricity capacity of all the nation’s electric power plants, reports have suggested.

SevenCs, part of the ChartWorld Group, has released the ground-breaking ORCA™ Pilot X software. Originally designed as a primary navigation aid for Pilots, ORCA Pilot X is the industry’s leading tool for professional navigators. In an industry first, ORCA Pilot X is being offered as a free download on the Apple AppStore for iOS tablets.

The devastating effect of the Covid-19 pandemic on global oil and gas exploration and production (E&P) companies is better understood by looking at the industry’s expected total annual revenues for 2020.

Okeanus Science & Technology (Okeanus), an established provider of oceanographic rental equipment and turnkey survey systems, has announced a new partnership with SeaRobotics Corporation, a leading developer of unmanned marine systems, in a move to make Autonomous Surface Vehicles (ASVs) increasingly available for international rental.

Wison Offshore & Marine’s (“WOM”) innovative 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.

DNV GL, the technical advisor to the oil and gas industry, has approved as qualified, technology for a full-scale demonstration project in Norway to remove carbon emissions at a cement plant.

With the Covid-19 pandemic reducing global oil demand by devastating numbers, oil storages are filling quickly in the US, forcing producers to start shutting output in the country and creating a big tanker congestion on its coasts.

The UK subsidiary of the world's largest food and beverage company, Nestlé, has signed a 15-year indexed fixed price agreement with Ørsted, the world leader in offshore wind, to buy green power from the Race Bank Offshore Wind Farm.

China Merchant Heavy Industry (CMHI) has ordered 6 × MAN 12V32/44CR main engines in connection with the building of a new 5,000-tonne floating installation crane vessel – already christened ‘Les Alizés’ – for Jan De Nul Group, an international maritime construction expert.

McDermott International, Inc. has announced that CB&I Storage Solutions has been awarded one large* and two sizeable* contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia. 

Following the purchase of the CONTROS range of instruments by -4H-JENA, Planet Ocean announced that as well as continuing to offer the world class range of CONTROS dissolved gas technology for CH4, CO2, PCO2, pH and Total Alkalinity; Planet Ocean will now be introducing the other -4H-JENA range of marine technology products.