Add Energy and Trendsetter Engineering Inc (TEI) have been contracted by an oil and gas operator to provide well control expertise and access to their patented Relief Well Injection Spool (RWIS) to a well which is planned to be drilled in the Barents Sea during Q2 of 2018.

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook.

CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica. This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America and the Caribbean.

ProSep, an industry-leading technology and service provider for integrated process solutions, announces it will supply three (3) ProSalt™ units to Statoil Petroleum (Statoil) for the Johan Castberg field development project, located on the Norwegian continental shelf in the Barents Sea.

Deep Sea Mooring (DSM), a Vryhof company, has commenced operations in providing mooring equipment, design and marine supervisory services to Maersk Drilling in Trinidad.

SK innovation’s CEO Jun Kim, announced on February 21, 2018 that it made oil discovery in the PRMB block 17/03 in the South China Sea.

Anadarko Petroleum Corporation (NYSE: APC) has announced that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF). The off-take agreement calls for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years.

In just 12 months, the Oil & Gas Technology Centre has co-invested £37 million in more than 70 projects to develop and deploy new technology that could transform the future of the UK North Sea.

Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the Nova oil and gas field offshore Norway, highlighting the value of early engagement in projects.

In a recent analysis of decisions to invest in the development of oil and natural gas resources, three economists from the EIA conclude that many large, capital-intensive oil and gas projects will come online after 2025 in order to meet rising demand.

Noble Energy, Inc. (NYSE: NBL) ("Noble Energy" or the "Company") announces that it has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.

An inspection provider for the oil and gas industry has become the first ever to complete an inspection of over 2000m of flexible riser in one inspection.

In the early hours of Sunday, February 25, drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on February 7, the project could boast break-even reduction from USD 34 to USD 16 per barrel.

Fugro has been awarded a contract by Guangzhou Marine Geological Survey (GMGS) for gas hydrate investigation on the Northern Continental Slope of the South China Sea. The contract is valued at approximately US$ 40 million and the project is expected to commence in the second quarter of 2018.

In support of President Donald J. Trump's ‘America-First Offshore Energy Strategy,’ Deputy Secretary of the Interior David Bernhardt announces that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.

BP has awarded Sparrows Group a three-year contract to manage crane operations and maintenance, and deck services off the coast of Angola.