Indonesia has highest capital expenditure (capex) on planned and announced crude and natural gas projects in Southeast Asia over the period 2018–2025, according to GlobalData, a leading data and analytics company.

ExxonMobil says it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels.

Chet Morrison Contractors LLC, (Morrison), a leading energy service company for the oil, gas and renewables industries, has successfully completed the fabrication, installation and mechanical completion of:

Natural gas production in the U.S. Federal Gulf of Mexico (GOM) has been declining for nearly two decades.

Maersk Drilling A/S (“Maersk Drilling”) and Seapulse Ltd. (“Seapulse”) have signed a Master Alliance Agreement (“MAA”) under which Maersk Drilling will provide fully integrated services, including provision of drilling rigs, related drilling services, well services, and other goods and services, for a global offshore oil & gas exploration drilling program of 12 wells.

McDermott International, Inc., announces a sizeable* contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, for new subsea umbilical and flowline installation at the Great White Frio development in Alaminos Canyon Block 857 in the U.S. Gulf of Mexico.

Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of pounds per year by extending weather windows for drilling operations.

Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage for LPG (Liquified Petroleum Gas) volumes in Port Klang in Malaysia. GPS will build a new facility to execute this agreement with startup of operations planned for mid-2021.

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million barrels.

Baker Hughes, a GE company, announces the launch of its new approach to subsea development: Subsea Connect, including its Aptara™ TOTEX-lite subsea system, a suite of new lightweight, modular technologies designed for the full life of field.

DeNovo Energy Limited (DeNovo), a subsidiary of the Proman Group (Proman), has announced the first commercial supply of gas from the Iguana Field in Block 1(a), which will deliver 80 million cubic feet of gas per day once fully operational.

Chevron Corporation has announced that the Chevron-operated Big Foot deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately 5,200 feet (1,584 m.).

NOV and Schlumberger have been awarded corporate frame agreements for global deliveries of wired drill pipes to Equinor. Both suppliers use solutions from IntelliServ, which is owned by NOV and Schlumberger.

Following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year, i-Tech Services’ MMA Pinnacle has secured its first inspection, repair and maintenance (IRM) contract with an integrated oil and gas services company, based in Malaysia.

BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, has announced first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK.

Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner's yard at Stord. The construction will create major ripple effects throughout Norway.