Greensea Systems, an industry-leading marine robotics company headquartered in Richmond, Vermont, today announced plans to open an office on the waterfront in Plymouth, Massachusetts. The new location, at Cordage Park Circle, will be the company's first office outside of Vermont and will become home to a growing team of software developers and robotics engineers.

Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that its wholly owned subsidiary, Kraken Robotic Systems Inc., has been awarded a contract valued at $524,720 with the Government of Canada for Kraken’s SeaVision® 3D laser scanner. SeaVision® was initially pre-qualified under the Canadian government’s Build in Canada Innovation Program (BCIP). Effective April 1, 2019, BCIP became the Innovative Solutions Canada –Testing Stream (ISC-TS), delivered by Innovation, Science & Economic Development’s Innovation Canada Sector. Kraken expects to deliver SeaVision® to its test partner, Parks Canada – Underwater Archaeology Team (UAT) during Q3 2020. Parks Canada and Kraken plan to conduct at-sea testing and evaluation of the SeaVision® system at a variety of archaeologically significant sites including the HMS Erebus and HMS Terror at the National Historic Site of Canada, Nunavut. Kraken was previously involved in Parks Canada’s discovery of the HMS Erebus during the Franklin Expedition in Summer 2014.

Maersk Drilling has been awarded a contract for the 7th generation drillship Maersk Valiant which will be employed by Noble Energy for a one-well campaign offshore Colombia. The contract is expected to commence in Q3 2020, in direct continuation of the rig’s previous contract. The contract has an estimated duration of 65 days and a contract value of USD 18.2m, including mobilisation and demobilisation fees.

Subsea 7 announced today the award of a very large(1) contract by Woodside(2) to Subsea Integration Alliance(3) for the Sangomar Field Development Phase-1 project located in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, offshore Senegal. This contract was initially awarded in December 2018 subject to final investment decision, which has now occurred.

ECA Group, an expert in robotics, automated systems, simulation and industrial processes, will build its new plant in the port of Ostend in order to carry out the contract to supply their unmanned systems for the 12 minesweepers of the Belgian and Dutch navies.

Kicking off international activity for the year; Impact Subsea has announced the signing of a distribution agreement with Deep Tide Technology.

Norway's prime minister Erna Solberg will perform the official opening of the Johan Sverdrup field centre today, and the Minister of Petroleum and Energy, Sylvi Listhaug, will also attend the opening.

Ocean Installer announces the appointment of industry veteran as new CEO as company enters new growth phase and addresses offshore wind market; interim CEO Kevin Murphy to continue as Deputy CEO.

Subsea 7 today announced changes to the Executive Management Team, effective from 1 January, 2020. John Evans is now in place as Chief Executive Officer, succeeding Jean Cahuzac who retired at the end of 2019. Jean remains on the Board of the Company as a Non-Executive Director.

In the early hours of the 23rd 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. The situation was complicated as the vessel had undergone an underwater inspection in a previous port with the subsequent report and findings forwarded to the New Zealand Government for review prior to entry.

Phoenix International Holdings, Inc. (Phoenix) announces that Matthew Long has been promoted to Corporate Vice President. Matthew will retain his current duties as General Manager of Phoenix’s Largo, MD operations, and in his additional role as Corporate VP will assume responsibilities for company-wide financial forecasting, reporting and budgeting.

Seabed Geosolutions remains asset held for sale. 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.

Merry Christmas and a Happy New Year!

Kership, a joint venture founded by Naval Group and Piriou, and specializing in military shipbuilding, has selected iXblue navigation solutions to equip the three new offshore patrol vessels (OPV 87 type) being built for the Argentine Navy. The Marins inertial navigation systems and Netans data distribution units (DDU) will provide the navigation for these three future ships.

Forum Energy Technologies has completed a three-month upgrade to its hyperbaric testing facility, which will result in an operational time saving to clients of more than 35%.

Subsea 7 today announced the award of a sizeable(1) contract by Offshore Oil Engineering Co. (COOEC), for CNOOC’s Lingshui 17-2 Gas Field Development Project - Steel Catenary Risers Installation Services. The field is located in the South China Sea approximately 150km offshore Sanya, Hainan province.

Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.

Fugro has been awarded a 5-year Indefinite Delivery Indefinite Quantity (IDIQ) contract by the National Oceanic and Atmospheric Administration (NOAA) to provide hydrographic surveying services in the US. The contract was issued by NOAA’s National Ocean Service, Office of Coast Survey, to support the creation and maintenance of highly accurate nautical charts.