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Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called "Great Nooros Area."

Furuno, a global leader in Maritime Navigation, Communication and Acoustic systems, announced the acquisition, on July 1, 2020, of Danish company EMRI A/S, specializing in autopilots, steering control, joystick dynamic positioning and maneuvering systems, founded in 1972.



System integrator RH Marine and developer of maritime training solutions VSTEP Simulation have signed a cooperation agreement. As a result, VSTEP can now supply RH Marine’s ECDIS chart and navigation system with its bridge simulators for schools, training institutes and fleet owners.

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, is announcing the launch of a new benchmark for US crude oil, Platts American GulfCoast Select (AGS) from June 26.

Trelleborg’s offshore operation understands that customers want a more immersive, interactive experience when looking at solutions for their business, which is why it has developed the Mimir Offshore Interactive Environment, part of Mimir Digital Intelligence, the hub for current and future digital solutions from Trelleborg's offshore operation. 

McDermott International Ltd. ("McDermott" or the "Company") has successfully completed its restructuring process. The comprehensive balance sheet restructuring equitizes nearly all of McDermott's $4.6 billion of funded debt. The Company emerges with $2.4 billion in letter of credit capacity and $544 million of funded debt.

Kvaerner has been awarded by Allseas a contract to dismantle and recycle three large topsides, three jackets and four bridges from the Valhall and Hod fields, with a combined weight of 33 000 tonnes, as well as options for another 5 000 tonnes. The assignment will at peak provide work for around 100 persons.

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