Oilfield Helping Hands (OHH), a nonprofit charitable organization comprised of volunteers devoted to providing financial assistance to oilfield workers in financial crisis, has been named the 2017 beneficiary of the Offshore Technology Conference (OTC) Distinguished Achievement Awards Luncheon.

Sparrows Group has successfully retained its current North Sea Mechanical Handling and Crane Management contract with BP, which will extend the working partnership between the two companies to over 50 years.

Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the Northern North Sea.

On 14 December 2016, A2SEA’s Sea Installer completed the installation of 32 MHI Vestas 8MW turbines at DONG Energy’s Burbo Bank Extension in the Irish Sea.

Fugro has been awarded a framework contract in the Asia Pacific region for inspection, repair and maintenance (IRM) services. Under this contract, IRM services can be called off as needed by the client. The total value of the contract is estimated at around EUR 80 million over the three year period.

TGS announces the Otos multibeam and seep study project in the U.S Gulf of Mexico.

Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometers from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and production company.

Leading global deck machinery specialist, ACE Winches, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project.

At this week’s 2017 National Conference on Beach Preservation Technology in Stuart, Florida, scientists from CSA Ocean Sciences Inc. (CSA) will describe the collection, processing, and analysis of subsea and aerial imagery using Full Motion Video (FMV) tools and other software to examine local and regional environmental issues along our Florida shorelines and waterways, including algal blooms, hardbottom and seagrass mapping, and beach dynamics.

Continental Shelf Investment Capital Corporation (CSIC), the investment affiliate of Continental Shelf Associates, Inc. (CSA) has acquired the stock of Morgan & Eklund, Inc. (M&E), a hydrographic and land survey firm based in Wabasso, Florida.

GE Oil & Gas (NYSE: GE) announces a new contractual service agreement (CSA), valued at approximately $180 million, with Transocean. The agreement, signed at the end of 2016, aims to further maximize productivity and lower operating costs for Transocean.

Schlumberger announced the acquisition of Peak Well Systems, a leading specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity.

Petrofac is set to build on its provision of maintenance services for BP, following the award of a three-year extension to its existing contract in the North Sea.

Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), for the sale of subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy Co Limited, which together hold a 22.222% equity stake held in the Bongkot field, and adjoining acreage offshore Thailand consisting of Blocks 15, 16 and 17 and block G12/48, for USD 900 million.

Cyberhawk Innovations, a world leader in aerial inspection and survey using Unmanned Aerial Systems (UAS), otherwise known as drones, has welcomed Oil & Gas UK’s new guidelines on the use of drones in offshore environments.

Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of only 179 active FTZs in the country.