At the SPE Annual Technical Conference and Exhibition in Canada, September 30 till October 2, Clariant Oil Services will unveil its new WAXTREAT SubZero Pour Point Depressant (PPD) technology. This novel innovation will help oil production companies, especially operating in cold climate regions, overcome the challenges associated with the transportation of waxy crude oils and the mitigation of wax deposition.

ExxonMobil says it has made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block.

Through its Bolting Systems brand, SPX FLOW has long served the oil industry with reliable, long life tooling for both topside and subsea applications. Included within its range of subsea tools is the long stroke SST range of subsea tensioners, which feature quick reaction nuts to help divers work efficiently and effectively. The tensioner is specifically designed for subsea operation to reduce diver fatigue, improve safety and enhance productivity.

Subsea 7 announced the award of a large(1) contract by Saudi Aramco for Marjan Increment Projects - Package 2, offshore Saudi Arabia.

Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea. Recoverable resources are estimated at 8–14 million standard cubic meters of oil equivalent, corresponding to 50–88 million barrels of oil equivalent (boe).

The inaugural Australia Offshore Well Intervention Conference is launching into Perth on 27^th & 28^th November with discussions from key representatives at Woodside Energy, ConocoPhillips, Sapura Energy and TIOS.

Pipeline technology specialist, STATS Group, (STATS) has signed a trilateral Memorandum of Understanding (MoU) which will significantly increase their presence on Sakhalin-2, Russia’s first offshore gas project.

Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix.

Investment in deepwater exploration and development is on the rise.

Talos Energy Inc. announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste Basin. Talos is the operator of Block 7 in a consortium (the "Consortium") with its partners Sierra Oil & Gas, a Wintershall DEA company, and Premier Oil plc.

Industry experts are set to take to the stage to discuss the latest innovations in subsea technology at Subsea UK’s Underwater Robotics conference this month (September).

In the aftermath of Hurricane Dorian there are reports of widespread devastation across the Bahamas.

Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Rystad Energy.

James Fisher Offshore (JFO), a global provider of specialist offshore engineering solutions, has increased its oil and gas decommissioning activities in the Middle East with a new offshore platform jacket removal project in Saudi Arabia. The work will utilise its pioneering cutting solution which is capable of delivering significant time-saving efficiencies.

Trendsetter Engineering, Inc. have been awarded a contract for the design, qualification and delivery of a 20K Hydraulic Intervention Connector by HWCG.

Subsea 7 S.A. has been awarded three contracts, together representing a sizeable(1) award for Subsea 7, by Saudi Aramco under the Long Term Agreement between the parties for execution offshore Saudi Arabia.