Phase 1 of Johan Sverdrup is under development, with first oil scheduled for late 2019. The partners will now proceed with maturing Phase 2 for the investment decision and submission of the plan for development and operation (PDO) in the second half of 2018. Phase 2 is scheduled to come on stream in 2022.

Vryhof, a trusted partner to many of the offshore industry’s leading players, and its business unit Deep Sea Mooring (DSM), a leading provider of offshore mooring services, have launched a new engineering unit to support the company’s offshore oil & gas, renewables and aquaculture operations across the globe.

Two Houston-based solution providers in the oil and gas industry, Mexssub and INTECSEA, announced the formation of a strategic alliance built to deliver permanent riser and pipeline integrity solutions to operators worldwide.

Effective promotion of safe working practices is high on the workplace agenda, and keeping safety material fresh and accessible remains vital to putting over the message. This has led to the International Marine Contractors Association (IMCA) launching a new series of mini safety videos, each with a supporting pocket safety card.

Subsea 7 announces the award of a large(1) contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans.

Endeavor Management is pleased to announce a second phase follow-on to its earlier successful Joint Industry Project (JIP) "Stocking the Decommissioning Tool Kit" completed in 2016. That JIP delivered results covering eleven (11) topics and identified several areas for additional work.

VIKING Life-Saving Equipment A/S is experiencing a moderate slowdown following several years of continuous growth. In a market affected by continued decline in two important segments, cargo vessels and offshore, revenue for 2016 totaled DKK 1.858 billion, compared to DKK 1.891 billion in 2015. Profit before tax for the financial year totaled DKK 183.5 million, compared to DKK 200.5 million in 2015.

Ocean Scientific International Ltd. (OSIL) have recently supplied Exploration Electronics with a custom built 10m Vibrocorer system for use in their rental pool.

The Shah Deniz consortium has announced the sail away of the second jacket for the Shah Deniz Stage 2 platforms. The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract area in the Caspian Sea from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) ahead of schedule on 15 March.

Decom North Sea, the membership organization for the oil and gas decommissioning sector, has announced Chris Cox, managing director of Centrica’s Exploration & Production business, as keynote speaker for its flagship conference and exhibition, Decom Offshore 2017.

GRAY, La. – Danos completed 2016 with a Total Recordable Incident Rate (TRIR) of 0.11, the lowest since the company began tracking the data in 1979. The company credits this record to its comprehensive safety management system and the dedication of employees at every level.

Asian Net Exports of Key Products to Ease

On behalf of its client Seaway Heavy Lifting, subsea technology company Seatools completed the development, manufacturing, and installation of a piling instrumentation and control system for the Pile Installation Frame (pre-piling template) which will be used for the construction of a large offshore Windfarm. Seaway Heavy Lifting will commence the offshore installation operations in April of this year.

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced the acquisition, from K&S Baltic Offshore (Cyprus) Limited, of its 50% shareholding in Seaway Heavy Lifting Holding Limited (Seaway Heavy Lifting).

Ardyne, provider of specialised plug and abandonment and slot recovery technology and services to the global energy industry, has made two new top tier appointments in its technical support division.

Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.