It is estimated that damaged ship sterntubes are leaking some 57 million tonnes of lubricating oil in to the oceans every year, but by replacing these seals when the damage is first discovered, Hydrex in-situ repairs not only help towards reducing the environmental impact but can also save shipowners time and money.

SBM Offshore announces that ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO). This follows completion of front-end engineering studies and the final investment decision on the project by ExxonMobil.

DOF Subsea, a leading provider of integrated subsea services, has recently inked a new contract in the Mediterranean with Transmediterranean Pipeline Company Limited (“TMPC”) to undertake the pipeline inspection on the TMPC’s Pipeline System in Q3, 2017.

The plans for development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by the authorities.

EnQuest confirms that first oil from the Kraken development was delivered on 23 June 2017. During the initial ramp-up period, the 13 wells that have been drilled and completed to date, comprising 7 producers and 6 injectors, are being brought online in a phased manner, to maximize long term productivity and value.

DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark.

The U.S. Department of Energy (DOE) announced the availability of $20 million for cost-shared oil and gas research projects to increase recovery efficiency from unconventional oil and gas wells and to prevent offshore spills and leaks.

Reliance Industries Limited (RIL) and BP have announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. The two companies have agreed to deepen and expand their partnership to work jointly across a wide range of areas throughout India’s energy sector.

The overall operational support to Johan Castberg will have considerable spinoffs in North Norway.

John Crane Asset Management Solutions has secured a three-year £3million contract to provide condition based maintenance services with a major operator in the UK North Sea.

Cook Inlet Lease Sale 244 -- the first lease sale held in Alaska’s federal waters since 2008 -- today garnered $3,034,815 in high bids for 14 tracts covering roughly 76,615 acres in Cook Inlet, off Southcentral Alaska. All bids were submitted by Hilcorp Alaska LLC.

Cairn announces it has secured interests in two licenses in the Mexico offshore bid round.

GE Oil & Gas (NYSE: GE) has signed a long-term agreement to collaborate with Eni East Africa (EEA), on the offshore Mozambique developments it operates.

The BP-operated Prudhoe Bay oil field in Alaska has reached 40 years of production, a milestone highlighting its historic contribution to US energy security and ongoing role as a key economic engine for the region and nation.

Eni has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico.

Exxon Mobil Corporation (NYSE:XOM) says it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana.