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The Arctic region is largely under-explored due to its cold, harsh climatic conditions, frozen seas and lack of investment in infrastructure development. However, this picture is gradually changing. Dwindling oil and gas reserves worldwide is raising the case for exploration and production (E&P) companies to venture into the Arctic in search of hydrocarbons, according to GlobalData, a leading data and analytics company.

Kraken Robotics Inc. announces that its wholly owned subsidiary, Kraken Robotic Systems Inc., has finalized the contract for the OceanVision™ project with the Ocean Supercluster and industry partners (Petroleum Research Newfoundland and Labrador, Ocean Choice International and Nunavut Fisheries Association).

Eni reports the start-up of its offshore Agogo oilfield, situated in the 15/06 Block in the Angolan waters. The start-up takes place just nine months after its discovery thanks to the operational synergies facilitated by the Floating Production Storage Offloading (FPSO) Ngoma, West Hub production center, situated 15km from the oilfield.

RC Dock Europe, part of RC Dock USA Inc., delivered two fully automated launch and recovery systems (LARS) for Fugro’s new Autonomous Surface Vessels. (ASV) Designed to be used in rough offshore conditions and operated from a moving support vessel, both LAR systems are fully automated and of a “open” design making it suitable to receive ASV’s with different types of keel mounted payloads up to a weight of 6 Tons.

JFD, a world leading underwater capability provider serving the commercial and defense diving markets and part of James Fisher and Sons plc, today announced the acquisition of the business, including all intellectual property rights and assets, of Ansti Test Systems Ltd, an independent global designer and manufacturer of test facilities for performance measurement of underwater breathing apparatus.

Mayflower Wind Energy LLC (a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC) has awarded a contract for the fabrication and delivery of the Mayflower Wind project’s offshore substation approximately 40 kilometers south of Nantucket, Massachusetts, to a joint venture comprised of long-standing business partners Bladt Industries and Semco Maritime. The offshore substation project will be initiated in January 2020.

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