The Astilleros Balenciaga S.A. shipyard in Spain has ordered a complete MAN propulsion package – including MAN 27/38 and 175D engines, a 5-bladed MAN Alpha propeller and both remote-control and MAN HyProp systems – in connection with the construction of a research vessel for the Greenland Institute of Natural Resources.

CGG announces the launch by Sercel of GPR, a new Ocean Bottom Node (OBN). GPR leverages the proven high performance of Sercel’s QuietSeis® broadband digital sensor technology to collect superior data for accurate seismic imaging compared to data collected by conventional sensors. Sercel has jointly developed GPR in partnership with BGP.

The Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP), Brazil’s national agency for petroleum, plans to increase the diversity of upstream oil and gas operators present in Brazil as a result of three licensing rounds organized in fall 2019, continuing a strategy that is expected to boost oil production by 1 million barrels per day (mmbd) by 2025 through recent licensing and the current Pre-Salt area development, says GlobalData, a leading data and analytics company.

Energi Coast, North East England’s offshore wind cluster, has expanded to further promote the regional capabilities in offshore wind, to help deliver the ambitions of the offshore wind sector deal.

MInteg has been awarded its largest contract to date and will supply inspection services to a major oil and gas operator in the Southern North Sea.

Connector Subsea Solutions (CSS), headquartered in Bergen, Norway, has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK.

The recent oil price jump could create further momentum for service sector margins, according to Rystad Energy.

Siemens Gamesa Renewable Energy held a launch ceremony with local government authorities and wind industry partners in Taiwan on Monday, for what will be the company’s first offshore nacelle assembly facility outside of Europe.

Modus Ltd., a North East UK based subsea specialist, has recently completed a high-speed decommissioning survey for Rever Offshore in the North Sea using one of its HAUV’s (Hybrid Autonomous Underwater Vehicle).

Global subsea equipment solutions specialist, Ashtead Technology, has successfully completed a subsea installation monitoring project for Ocean Installer AS in Equinor’s Askeladd and Johan Castberg fields.

A second oil discovery in the Orinduik Block was announced earlier this week. The Joe-1 exploration well was drilled to a final depth of 2175 meters and encountered a high-quality oil-bearing sandstone reservoir of Upper Tertiary age.

The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialization of floating wind. The Carbon Trust, together with 14 leading offshore wind developers represented by the Floating Wind JIP, will select the best ideas with a particular emphasis on mooring systems and operations and maintenance (O&M).

Athens Group, a global provider of offshore inspection services to the E&P and marine industries, has named Captain Jeet Kar its new Director of Marine Services.

Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Rystad Energy.

The world’s largest source of energy will be gas from the middle of the next decade. DNV GL’s Energy Transition Outlook, an independent forecast of developments in the world energy mix, predicts global oil demand to peak around the mid-2020s. This sets the stage for gas and variable renewables to become the only energy sources for which global demand is higher in 2050 than it is today.

ExxonMobil says it has made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.