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While global offshore exploration activity has been flat year-to-date, the situation has been far more buoyant on the Norwegian Continental Shelf (NCS), where the number of wells drilled could challenge all-time high levels by the end of the year.

Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP). The acreage is located in the pre-salt Campos Basin in a water depth of about 3,000 meters.

Baker Hughes, a GE company (NYSE: BHGE) announces its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”.

The Blue Innovation Symposium, New England’s premier event for showcasing developments in the marine technology sector, has announced the theme of its fifth edition, Sensors and the Next Wave of Data. Delegates and sponsors will connect in Newport RI, from January 14-16, 2020, to discuss and set in motion a working agenda for the Blue Economy’s coming decade.

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