ExxonMobil has made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block.

In November 2018, Vår Energi (formerly Eni Norge) and Simon Møkster Shipping signed an agreement to upgrade the supply vessel Stril Barents in order to reduce CO₂ emissions. The upgrade involves the installation of shore power connection, combined with a new battery solution for energy storage on board.

McDermott International, Inc. announces a sizeable* contract award by LLOG Exploration Company, L.L.C. for deepwater subsea pipeline tiebacks and structures from the Stonefly development to the Ram Powell platform, located approximately 140 miles southeast of New Orleans, Louisiana.

With any Arctic drilling, the possibility of an arctic oil spill in the highly remote regions offshore of Alaska increases. This has become a key focal point for the U.S. Coast Guard (USCG) and Bureau of Safety and Environmental Enforcement (BSEE) to ensure that drilling and production is not only done in the safest manner, but that adequate oil spill response resources are readily available to handle the harsh environment when a spill occurs.

McDermott International, Inc. has signed a contract with Woodside Energy Ltd. to undertake a front-end engineering and design activities for a floating production unit (FPU) for the Scarborough field gas development in Western Australia.

Vryhof, a trusted partner to many of the offshore industry’s leading companies and its mooring business - Deep Sea Mooring (DSM), have announced the signing of a multi-year agreement with Diamond Offshore, a leader in offshore drilling.

McDermott International, Inc. announces a significant* contract award by BP Trinidad & Tobago, LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 kilometers) southeast off the coast of Trinidad.

Building on the success of its 25,000 km2 3D BroadSeis™ survey, which led to the recent Boudji-1 and Ivela-1 oil discoveries, CGG is extending its Gabon multi-client data footprint with a 9,800-km long-offset 2D seismic survey in an unexplored deepwater area of the South Basin. A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019.

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (“Shell”), announces with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin.

Following Glendronach in September 2018, Total announces a new significant discovery in the North Sea offshore U.K., on the Glengorm prospect located in the Central Graben.

DORIS Engineering, a leader in providing engineering services to the oil and gas and renewables industries, has been awarded an advisor contract by the Senegalese Ministry of Petroleum and Energies for the development of Oil & Gas projects offshore Senegal.

Subsea Integration Alliance has announced the award of integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts. These awards, by Esso Australia Pty Ltd, represent the first integrated subsea project for Subsea Integration Alliance in Australia combining OneSubsea and Subsea 7 expertise in subsea production systems (SPS) and subsea umbilical, riser and flowline (SURF) systems.

Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the Long Term Agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021.

On 23 January 2019, the United States recognized Juan Guaido as the new interim President of Venezuela. This aligned with statements from the U.S. Secretary of State Mike Pompeo that Nicolas Maduro is no longer the legitimate President of Venezuela. Two days later, the Trump Administration announced sanctions against that nation’s state-owned oil and natural gas company (PdVSA).

Since 2011, Equinor has reduced CO₂ emissions from its logistical operations for the Norwegian continental shelf (NCS) by 600,000 tonnes. The company’s ambition is to halve emissions in the NCS supply chain by 2030.

Aberdeen-based oil and gas production technology business, Pragma Well Technology (‘Pragma’), has been given the green light by Pharis Energy and OGTC to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve (‘DSIV’) following a successful feasibility study.