A new web-based interactive tool for ocean mapping and planning created by NOAA and the Department of the Interior’s Bureau of Ocean Energy Management, will give everyone from ocean industries to coastal managers, students, as well as the general public the opportunity to be an ocean explorer from their own computer.

ExxonMobil says it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13^th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major development hub.

A new generation of subsea technology has been successfully used to improve safety and reduce cost in the North Sea oil and gas industry for the first time. Cutting-edge computing and subsea wireless IP camera technology deployed on a pipeline construction project enhanced diver safety and generated significant cost savings by avoiding the need for additional subsea vessels.

Subsea 7 S.A. has announced that Seaway 7 has been selected by Vattenfall as one of its partners for the Hollandse Kust Zuid (HKZ) 1 & 2 offshore wind farm project.

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

Chrysaor Holdings Limited is to acquire ConocoPhillips’ UK oil and gas business for $2.675 billion.

Fluor Corporation announces that its joint venture COOEC-Fluor Heavy Industries Co., Ltd. (COOEC-Fluor) fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 Gas Fields Development Project.

In order to meet the digitalization challenges of a diverse audience of stakeholders, in a robust, secure and cost-effective way, EUROYARDS members (Chantiers de l’Atlantique, Damen Shipyards Group, Fincantieri, Lürssen, Meyer Werft, Naval Group and Navantia) joined forces to harmonize data management solutions and standards.

Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a USD 6 billion investment decision to build an additional platform in the license area.

Penspen, a leading global provider of engineering, asset integrity and project management services to the energy industry, has opened a new office in Aberdeen following a growth in demand for its engineering and asset integrity services in the area.

Offshore Technology Conference (OTC) names FutureOn, the producer of FieldAP™ – a FieldTwin™ platform application – a 2019 Spotlight on New Technology® Award recipient. Industry leaders Equinor, McDermott and Subsea 7 rely on FieldAP to support their field development planning process – reducing both risk and saving time in their decision-making, while embarking on their companies’ digital futures.

Following the recent news that the Ministry of New and Renewable Energy of India (MNRE) and Denmark’s Ministry for Energy, Utilities, and Climate have signed a cooperation agreement in the field of renewable energy with a special focus on offshore wind, Ankit Mathur, Practice Head of Power at GlobalData, offers some valuable insights:

Prysmian Group, a world leader in the energy and telecom cable systems industry, has refinanced its €1,000 million long-term revolving credit facility with a pool of leading Italian and international banks.

Tidal energy company Sustainable Marine Energy Limited (SME) has secured equity investment totalling £3.46 million to further develop its PLAT-I tidal energy platform system.

Large marine thrusters are vital for the safe maneuvering of vessels but their location on board can make maintenance a considerable challenge. So, repairing a failed bearing and housing on an offshore accommodation vessel would require technical expertise as well as innovative and flexible repair procedures.

ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round. The award adds approximately 2.6 million net acres to its existing holdings in Argentina, which includes the onshore Vaca Muerta unconventional oil play and a business support center in Buenos Aires.