Energean Oil & Gas announces that Energean Israel has signed a contract with Stena Drilling for the development drilling of the Karish Field, offshore Israel.

The Bureau of Safety and Environmental Enforcement announces that the maximum civil penalty rate for Outer Continental Shelf Lands Act violations will increase from $42,704 to $43,576 a day for each violation. This legislatively mandated increase is contained in a final rule which is effective January 18, 2018.

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced the award of a sizeable(1) contract from Statoil for the Johan Castberg field development, located 240 km from Hammerfest in Norway.

Statoil has awarded a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field. The seismic technology – a potential digital enabler for the field – will be a key contributor to delivering on Johan Sverdrup’s 70 percent recovery ambition.

Now in its 20th year, and following a highly successful and well-received 2015 event in Amsterdam, this year’s industry-leading Interspill oil spill conference and exhibition is due to be held at the ExCeL in London, running between March 13-15.

Total has signed an agreement with Samson in order to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the most significant recent discoveries in the Gulf of Mexico (GoM), USA. The deal also includes a 12.5% interest in the nearby exploration block Green Canyon 761, where Total already has a 25% interest.

Teledyne Oil & Gas has added the CAN bus communication protocol to its Active Flying Lead product family. The subsea oil and gas industry has standardized to "fault tolerant" CAN bus communications for sensors and other subsea controls. This variation has a limited transmission distance for single node or sensor systems of only 40 meters.

LLOG Exploration Company, L.L.C. (“LLOG”) has announced that development drilling operations have begun at the Buckskin project in the deepwater Gulf of Mexico. Buckskin is located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in approximately 6,800 feet of water and was delineated by multiple prior wells.

Abu Dhabi National Energy Company PJSC (TAQA) is transforming its Eider platform and ensuring continued production from the Otter field as part of its strategy to maximize economic recovery and extend the life of its oil and gas fields in the northern North Sea (NNS).

A breakthrough in electric torque tool technology is set to further advance the capability of electric underwater robotic vehicles.

Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively, to Aker Solutions. The contracts have a total estimated value of between NOK 1.5-2 billion kroner. The contracts include installation and commissioning support services.

Marine and offshore engineering consultancy Aqualis Offshore has signed a frame agreement to provide marine services to Aker BP.

Cohort plc company SEA and leading North Sea oil and gas producer Spirit Energy have joined forces to promote the recycling of valuable subsea production equipment under the former’s Legacy Locker programme.

OEG Offshore (OEG) – which specialises in the design, build and rental of specialist A60 cabins and cargo-carrying units for the offshore oil and gas market, has delivered several high value ROV (Remotely Operated Vehicles) module contracts worth $2.5 million USD (£1.8 million GBP) for TechnipFMC, Saipem and other leading subsea contractors.

Fluor Corporation (NYSE: FLR) announces that the company was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPSO) vessel in the North Sea. Fluor booked the undisclosed contract value in the fourth quarter of 2017.

Deep Sea Mooring (DSM), a Vryhof company, has commenced operations with the newly awarded contract to provide pre-lay mooring products and services to the Deepsea Bergen semisubmersible drilling rig on the Norwegian Continental Shelf. Austrian oil & gas company OMV has deployed the semi-submersible rig to support drilling activities in the region.