MOL Group’s wholly owned subsidiary MOL Norge AS and its joint venture partners have discovered oil and gas in an offshore field located about 200km west of Stavanger in the Norwegian part of the North Sea.

Neptune Energy is partnering with a team of University of Aberdeen students, supporting their entry to a global engineering challenge to build a working remotely operated vehicle (ROV) and establishing new links between the operator, the university and the next generation of oil and gas professionals.

Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea offshore U.K., about 40 kilometers south of the Elgin-Franklin Field and 170 kilometers east of Aberdeen.

Damen Marine Components has won an order for three sets of steering and rudder systems for three dual-fueled trailing suction hopper dredgers (TSHDs) currently being built at Keppel Offshore & Marine’s shipyard in Singapore for Van Oord.

Leading deepwater mooring rope manufacturer, Lankhorst Offshore, has been awarded a contract by SBM Offshore to supply the deepwater mooring lines for the Liza Unity Floating Production Storage and Offloading (FPSO) for ExxonMobil’s Liza oil field offshore Guyana, South America.

The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates.

The Offshore Technology Conference (OTC) recognizes the unprecedented global challenge associated with the current COVID-19 pandemic. The health and safety of our partners, attendees, exhibitors, staff, and community are of the utmost importance, and our hearts go out to all who have been affected.

iXblue, a major provider of advanced navigation, subsea positioning and imagery solutions announces the launch of the Gaps M5, a new compact, export-free and omnidirectional USBL system for accurate location, positioning and tracking of subsea assets.

Independent global completions service company Tendeka has secured a four-year contract to supply its zonal isolation technologies across a leading operator’s Malaysian assets.

Tokyo Electric Power Company Holdings, Incorporated (TEPCO), the largest power company in Japan, and Ørsted A/S (Ørsted), the world's leading offshore wind developer, announced today that they have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K., with the intention of working towards a joint bid in the Choshi-city offshore wind promotion area.

ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said on Tuesday, March 17.

Leading subsea solutions integrator, N-Sea, has announced the commencement of a five-year contract with the Royal Netherlands Navy.

Unity, Europe’s largest provider of well integrity technology, services and engineering solutions, has been awarded a three-year contract by Spirit Energy to maintain wellhead equipment across twelve platforms in the East Irish Sea, Southern North Sea and the Dutch sector of the North Sea.

StormGeo and DNV GL have signed a Memorandum of Understanding (MoU) to drive digitalization and data standardization in the maritime industry.

Sonardyne International Ltd. has announced important new additions to its 2020 product line-up, all designed to play a role in delivering users’ data from the seabed to the shore. 

The owners of marine technology specialist Sonardyne have formed a new parent company to increase the breadth and capabilities available to customers across the organisation’s growing family of independent subsidiaries.