As required by Congressional direction in the Inflation Reduction Act of 2022, the Bureau of Ocean Energy Management (BOEM) held Gulf of Mexico Lease Sale 259, which generated $263,801,783 in high bids for 313 tracts covering 1.6 million acres in federal waters of the Gulf of Mexico.

Equinor, on behalf of several licenses, has awarded contracts for the use of Transocean Encourage, mainly in the Norwegian Sea, and Transocean Enabler, for the Johan Castberg field. At the same time, the companies have signed a strategic collaboration agreement.

ABL Group (ABL) has been awarded a contract by Aker BP to provide marine warranty survey (MWS) services for the Yggdrasil and Valhall PWP-Fenris offshore field development projects.

CGG, a global technology and HPC leader, in a consortium with TGS and BGP, announced the completion of Phase IV of the deepwater 3D seismic survey offshore Suriname. Fast-track products for this recently completed Phase IV will be ready for review towards the middle of this year, with the final products for the entire program available in late 2023.

Transocean Ltd. has announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately $113 million in firm contract backlog.

Baker Hughes, an energy technology company, has been awarded an order by Bechtel to supply two Main Refrigerant Compressors (MRCs) for Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Jefferson County, Texas, following the positive Final Investment Decision (FID) announced March 20.

Decom Engineering’s (Decom) specialist cutting technology has been successfully deployed on a decommissioning project offshore West Africa.

An oil and gas company is under investigation for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security. The North Sea Transition Authority (NSTA) is focused on supporting the UK’s security of supply, including through the ongoing 33rd Licensing Round, which attracted 115 bids from 76 companies.

Facing a challenging brief, Elta Fans has designed and manufactured four custom explosion-proof fans for use on an offshore oil and gas application in Brazil.

Trendsetter Engineering, Inc. has been awarded a significant contract for the provision of subsea hardware by LLOG Exploration Offshore, L.L.C. for the Salamanca subsea developments at Leon and Castile.

PXGEO has secured a contract with the Sépia Consortium for a 3D ocean bottom node (OBN) survey in the Santos Basin, Brazil. The survey is to be acquired in water depths to 2300m with a duration of approximately 4 months.

Equinor has entered into an agreement to divest 28% working interest in PL037 (Statfjord area) to OKEA with an effective date 1 January 2023.

McDermott has been awarded a front-end engineering design (FEED) contract from Shell Trinidad and Tobago Limited for the Manatee gas development project as part of a competitive FEED process.

Talos Energy Inc. and the other Zama Unit Holders Wintershall Dea, Harbour Energy plc ("Harbour") and Petróleos Mexicanos ("Pemex"), announced that on March 23, 2023, Pemex, as operator, submitted the Zama Unit Development Plan ("UDP") to Mexico's National Commission of Hydrocarbons ("CNH") for formal approval.

Wel-lok™ technology delivered across 30-well campaign in the North Sea

BiSN, a leading supplier of downhole sealing solutions and technology to the global oil and gas industry, recently caught up with representatives from Aker BP regarding the successful 30-well P&A campaign conducted in the Valhall oilfield in 2020. Extensive testing over the past two years reveals that BiSN’s Wel-lok™ technology has delivered as promised.

Eni announces a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 million barrels of oil (MBoe) in place.