SubCableWorld (SCW) has announced the forecast of a sixth consecutive year of growth for the industry, despite a recent slowdown in Q1 of 2019.

Ocean Power Technologies, Inc., a leader in innovative ocean energy solutions, and Acteon Field Life Service Ltd, a subsidiary of Acteon Group Ltd (“Acteon”) and a leading subsea services and solutions company, have announced a non-exclusive memorandum of understanding to develop, explore and exploit mutual opportunities in the global oil and gas and renewable markets.

Mark Ford, Technical Manager of the International Marine Contractors Association (IMCA), has been promoted to Technical Director of the global organization.

BIO-UV Group has completed successful testing of an enhanced BIO-SEA ballast water treatment system designed to reduce further the time in which treated water has to be held onboard prior to discharge overboard.

Ocean Power Technologies, Inc., a leader in innovative and cost-effective ocean energy solutions, has signed a contract with a leading oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s products and services in monitoring subsea wells during decommissioning activities.

The technology group Wärtsilä has successfully completed sea trials of its SceneScan system, the world’s first ‘targetless’ dynamic positioning (DP) laser sensor. This state-of-the-art technology requires no reflector target to be deployed, thereby increasing both safety and operational uptime. The technology has been developed by Guidance Marine, a Wärtsilä company.

Alongside the cutting-edge new HUGIN Superior AUV (Autonomous Underwater Vehicle) and its extensive portfolio of established and market-leading solutions for commercial and scientific subsea applications, Kongsberg Maritime is gearing up to unveil several new products at Ocean Business 2019, which takes place at Southampton’s National Oceanography Centre next week (9-11 April).

The Alliance Agreement between Neptune and TechnipFMC has been signed for an initial five-year term with options for further extensions. The Agreement covers the full project lifecycle from early concept work, through engineering, procurement, delivery of subsea production systems and installation of subsea equipment and infrastructure, and continues into life of field support.

The EIVA a/s annual report 2018 shows that it was a successful year for the company with significant growth of all product areas and strong EBITDA and net results.

“Our new name reflects what has been on ongoing shift in focus from technology research and development, to market driven application of our patented WAM-V® vessel class.

Hydromea's LUMA, a wireless high-speed underwater communication system, was successfully deployed by Rever Offshore during an installation of a subsea wellhead foundation for Total drilling in the North Sea in February 2019.

Leading international oilfield services company, Expro, has been recognized with an Order of Distinction for 15 consecutive Gold awards in the RoSPA (Royal Society for the Prevention of Accidents) Health and Safety Awards.

Saipem has been awarded new contracts in Offshore Drilling in Norway and Middle East totaling over 200 million USD.

GLOBAL OIL

Since committing to go global in September 2018, Harvey Gulf has now been awarded contracts in Mexico, Trinidad, Guyana and Suriname.

Leading safety equipment supplier Survitec will unveil a new emergency descent system during the Wind Europe trade fair, in Bilbao, Spain.