Borr Drilling Limited is pleased to announce new contract commitments for three of its premium jack-up rigs, the “Prospector 1”, the “Gunnlod”, and a rig to be determined. The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.

TechnipFMC was awarded the iEPCI™ contract for Petrobras’s Mero 3 HISEP^® carbon capture project at the culmination of a six-year research and development effort.

Silverwell Technology Inc. (“Silverwell”) has extended the global frontiers of its industry-leading digital intelligent artificial lift (DIAL) gas lift production optimization system to Africa, by securing a contract from a major operator offshore Nigeria.

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development.

Panoro Energy ASA announces that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.

MODEC Inc. has been successful in securing the Front-End Engineering and Design (FEED) for a Floating Production, Storage and Offloading (FPSO) system for Shell do Brasil Ltda (“Shell”) on the Gato do Mato development, offshore Brazil.

McDermott has been awarded a sizeable* offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia.

Noble announces a new contract with Prime Energy (Prime Energy Resources Development B.V.) for the Noble Viking to drill three wells, with an additional one-well option in the Malampaya-Camago field located offshore Philippines.

MDL has assisted Saipem in progressing an LNG development offshore Greece.

The Bureau of Ocean Energy Management (BOEM) announced the Notice of Availability of the Area Identification (Area ID) for proposed Gulf of Mexico (GOM) Oil and Gas Lease Sales 262, 263, and 264. The Area ID will publish in the Federal Register on April 1, 2024, and is available for viewing and downloading on BOEM’s website.

TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, after the completion of a major redevelopment project of this hub. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day, once again making Denmark self-sufficient and a net exporter of natural gas. TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium, a partnership between TotalEnergies (43.2%), BlueNord (36.8%) and Nordsøfonden (20%).

Dolphin Drilling AS announces the award of a USD 154 million drilling contract from Oil India Limited (Oil India), one of India's premier exploration and production companies.

Norwegian state-owned company Petoro has awarded a frame agreement to AGR for the provision of independent consultancy and third-party verification studies within subsurface, drilling and wells, and field development.

Innovative new technology to isolate gas pipelines in need of repair or maintenance has shown to prevent gas leakages and cut carbon dioxide emissions by 95% compared with venting pipeline contents to atmosphere—the equivalent of switching off 1,760 gas boilers for a year or taking 1,000 cars off the road.

Wood’s joint venture company, Massy Wood, has secured a five year framework agreement with Shell Trinidad and Tobago (Shell), for the delivery of engineering projects and asset support in Trinidad and Tobago.

Framo, a leading innovator in pump technology, proudly introduces its latest breakthrough—an inline turbine designed to recover electrical power from diverse fluid flows. Successfully tested at the company's state-of-the-art center on Flatøy, just outside Bergen, this cutting-edge technology offers substantial cost savings, energy efficiency, and a sustainable alternative to pressure reduction valves. The product is poised for imminent market launch.