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Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, signed an agreement yesterday to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiary of Delek Group Ltd (Delek). The total consideration for this deal is $965 million in cash.

The National Oceanography Centre’s anyTide app now includes free comprehensive tide information for over 1000 coastal points worldwide. Available on both iOS and Android, the app provides instant free access to tide data across the globe, and tide and current data for the whole of the UK coast.

KBR, Inc. (NYSE: KBR) KBR has announced that BP has awarded KBR's UK operating subsidiary the Pre-FEED Services contract for Phases 2 and 3 of BP's Greater Tortue Ahmeyim project, for the further development of Tortue field beyond Phase 1, located at the maritime border of Senegal and Mauritania.

Fugro has been awarded a multimillion-dollar contract to supply an advanced Remotely Operated Vehicle (ROV) system as part of a new submarine rescue vessel for the Republic of Korea Navy. The system will enhance the operational capabilities of the auxiliary submarine rescue vessel - ASR-II - which is being provided by South Korean shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME).

The Leading Maritime Capitals report for 2019 is out, with fresh insight on which maritime metropolises provide the best support for companies in shipping and related services. Criteria include soft and hard infrastructure and access to world-class talent and services – all key components that maritime businesses need to thrive in their chosen locations.

The West African offshore rig market has been one of the hardest hit during the oil price downturn. Once a region that attracted premium units and demanded some of the highest rig day rates – some rigs commanded over $600,000 – it quickly descended into an area with a glut of stacked rigs and a demand drought.

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