Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) announces the closing of the acquisition of affiliates of ILX Holdings, among other entities (the "Acquired Assets," the "Acquisition," or the "Transaction"), on February 28, 2020. The Transaction was previously announced on December 10, 2019. Concurrently with the closing of the Transaction, Talos also closed on the increase of its borrowing base to $1,150.0 million.

Damen Oskarshamnsvarvet in Sweden has won the public tender for a contract to undertake a major life extension program on the survey and research vessel S/V Ocean Surveyor, owned by SGU, Sweden’s national geological survey agency.

Asia Pacific’s leading Offshore Well Intervention conference is returning to Kuala Lumpur for its 6th year in June 2020, with support from key industry players such as Petronas MPM, SAKA Energi, Premier Oil Natuna Sea BV, Medco Energi, Sarawak Shell Berhad and Repsol Oil & Gas Malaysia Limited.

From a starting point of approximately 1.2 billion cubic feet per day (bcfd) of export capacity in 2016, the US will become the third most important liquid natural gas (LNG) exporting country with a total capacity of 8.9bcfd by the end of 2020, according to leading data and analytics company GlobalData.

Jumbo has been awarded a contract to support DEME Offshore in its scope of work on Ørsted’s Hornsea Two offshore wind farm. Jumbo’s scope of work in the project is the provision of transportation for 165 monopiles from Rostock to Eemshaven and 135 transition pieces from Aalborg to Eemshaven with a K3000 class vessel.

Teledyne Marine has extended the published deadline for academics to submit their applications for the organization’s 2020 Academic Product Grant. The new deadline is March 31, 2020. This grant offers the next generation of technologists and explorers the opportunity to utilize the organization’s leading-edge technology for planned 2020 programs free of charge.

Shell has chosen Maersk Convincer as Jack-up Rig of the Year 2019, recognizing the rig’s successful operation offshore Brunei. The award is justified by consistent high performance across all parameters.

Vroon Offshore Services (VOS) Ltd has secured a three-year contract extension with BP, worth around £30million.

Ampelmann, the Dutch offshore service provider, has added Guyana as a new market to its global portfolio. In a contract with SBM Offshore, an expert in floating production and mooring systems, the company assisted the hook-up and commissioning of their FPSO.

Equinor and partner Neptune have struck oil in the Sigrun East prospect in the North Sea. Recoverable resources are estimated at between 7 and 17 million barrels of oil equivalent.

Ocean Infinity, the next generation subsea marine robotics company, has been awarded a contract with ExxonMobil, for high-resolution Autonomous Underwater Vehicle (AUV) geophysical and geotechnical data acquisition within the Stabroek block offshore Guyana.

PD&MS Group has announced it will continue to support a leading North Sea operator with engineering operations across its assets in the UK Continental Shelf (UKCS), after securing a new contract for a further three years, with options to extend by a further two years.

One of the easiest to use and cost-effective ballast water treatment systems has been awarded Type Approval by the United States Coast Guard.

Out of a global total of 28 floating production, storage and offloading (FPSO) vessels that are under construction, 22 are being built at shipyards in China, South Korea and Singapore. Rystad Energy expects the outbreak of the coronavirus disease known as COVID-19 to cause extensive staffing and supply shortages in these countries that will in turn delay project deliveries by at least three to six months.

International energy consultancy Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.

Eni has successfully drilled Agogo-3, the second appraisal well of Agogo discovery in Block 15/06, offshore Angola, increasing by about 40% the estimate of oil in place, which is now of 1 billion barrels with further upside to be tested in the Northern sector of the field.