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Subsea 7 S.A. has been awarded a substantial (1) contract by Murphy Exploration and Production Company - USA for the subsea installation services related to the Samurai, Khaleesi, and Mormont developments tying back to the King’s Quay semi-submersible. The King’s Quay host facility is approximately 175 miles south of New Orleans in the Green Canyon area of the Gulf of Mexico.

At its annual Security Analyst Meeting on March 3, 2020, Chevron Corporation (NYSE: CVX) announced expectations to deliver leading shareholder returns through disciplined capital spending, improved cost efficiency, and continued cash flow growth over the next five years.

McDermott International, Inc. announces that the Company intends to move forward with the previously announced share and asset purchase agreement to sell all of the Lummus Technology business to a joint partnership between The Chatterjee Group and Rhône Capital (the "Joint Partnership").

Offshore Technology Vietnam – Oil and Gas Industry (OTV Expo 2020) is sponsored by Vietnam National Oil and Gas Group, Petrol Vietnam Construction Joint Stock Company and Petroleum Equipment Assembly & Mental Structure Joint Stock Company in collaboration with the enterprise GK Wintron Co., Ltd. held from 6-8 July 2020 at Tan Son Nhat Pavillon Convention Center, 202 Hoang Van Thu, Ward 8, Phu Nhuan District, Ho Chi Minh City, Vietnam.

Penspen, a leading global provider of engineering and project management services to the energy industry, has been awarded a contract with Robtstone, a leading EPC oil and gas contractor in UAE, for the provision of detailed engineering services and procurement assistance for its engineering, procurement and construction (EPC) project in the Asab Area.

Global Marine Group, a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, announces an affiliate of J.F. Lehman & Company (“JFLCO”), a leading middle-market private equity firm focused exclusively on aerospace, defense, maritime, government and environmental sectors, has completed the acquisition of the Company for an enterprise value of $250 million.

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