The Marine Technology Society has announced that its membership has elected Dr. Jerry Miller, President of Science for Decisions, to serve on its Board of Directors as the Vice President of Government and Public Affairs, from January 1, 2020, to December 31, 2022.

Siemens Gamesa Renewable Energy is moving forward in its strategy of making sustainability a key element of all aspects of its business, including its funding strategy.    

ExxonMobil has made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

Seabras 1 Bermuda Ltd (“Parent”) and Seabras 1 USA LLC (“OpCo” and, together with Parent, the “Companies”) filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (the “Filings”).

The Marine Technology Society has announced that its membership has elected Dr. Josh Kohut, a professor at Rutgers University at the Center for Ocean Observing Leadership, to serve on its Board of Directors as the Vice President of Education, from January 1, 2020, to December 31, 2022.

DecomWorld – part of Reuters Events – has announced a new research session into decommissioning cost reduction, which will tackle issues of price efficacy, benchmarking and the environmental impact of such approaches.

Wearable technology is expected to be the next big consumer trend, with their impact similar to that of the smartphone, according to GlobalData, a leading data and analytics company.

The 14-country OPEC bloc, Russia, and a host of other OPEC+ countries agreed on December 6, 2019, to bump up the group’s target oil-production cuts by just over half a million barrels per day, from 1.195 million to 1.699 million bpd, effective 1 January 2020.

The National Ocean Industries Association (NOIA) announces the hiring of Richard England and Ashley Parkins. Richard is the new NOIA Vice President of Government Affairs, while Ashley is joining NOIA as the Director of Meetings and Events. In addition, Justin Williams has been promoted to Vice President of Communications.

Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over $550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Sea.

Cameron LNG announces that Train 2 has started producing liquefied natural gas (LNG) at its Hackberry, La., liquefaction-export facility.

Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will be used to lower Fugro’s outstanding debt position and strengthen Seabed Geosolutions’ balance sheet.

A dark cloud of capacity constraints is casting a shadow over the oilfield service industry heading into 2020, mirroring the sharp growth in the number of new projects being brought forward by oil and gas operators.

ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt.

ExxonMobil announces that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments.

In the early hours of the 23^rd of December, an urgent inquiry was received from a Phoenix client requesting a proposal and timeline for a dive team to mobilize immediately to international waters 12 miles from the city of Auckland, New Zealand.