Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval.

Upward Momentum in Prices Runs into Refinery Maintenance

The West Hercules semi-submersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells.

Transas has launched its first package of applications built on THESIS, a unified cloud-based platform for managing operations across the full breadth of the maritime ecosystem. The advanced ‘A-Suite’ package also sets a new precedent by utilising the latest in machine learning techniques to reduce the potential for human errors on the bridge or poor decisions elsewhere in the vessel operational chain.

ELA Container Offshore GmbH, in cooperation with its US subsidiary and the German American Chamber of Commerce of the Southern U.S., Inc (GACC) have initiated a one-day conference to share ideas about the “Energiewende”. This conference about “Wind Energy – How to power the future” will be held on February 27, 2018 at the Texas A&M in Galveston, TX.

EnerMech is expanding its valves division with the acquisition of the UK valves business of Denholm Valvecare (DV).

We are experiencing the most fast-paced time in history. The future of oil and gas development will be defined by industry’s ability to change, compete, and excel in an environment where rapidly changing structures, information overload and novel solutions have become the new normal. It is not just about innovative technologies, but also about radically changing the way we work.

DeepOcean Ghana Limited, an indigenous Ghanaian company in which DeepOcean holds a 49% shareholding, commenced its working relationship with Tullow Ghana in February 2015 when it mobilized the Rem Forza to undertake multipurpose construction activities on Jubilee and TEN which continued until late 2016.

The National Marine Representatives Association (NMRA) is offering a $2,500 scholarship to an outstanding student pursuing education and a career in the maritime trades. High school seniors, and college and vocational students are encouraged to apply.

UK and Netherlands-based subsea provider N-Sea has announced that it secured major contracts to the value of £40million, during Q4 of 2017 and in early Q1 2018, providing a sound backlog for the coming season.

To address the evolving safety and security needs of modern ports, Vancouver based naval architects and marine engineers Robert Allan Ltd., and international marine technology specialist Kongsberg Maritime are collaborating on the development of a radically new remotely-operated fireboat that will allow first responders to attack dangerous port fires more aggressively and safer than ever before.

Ocean Infinity Ltd, the US based company specializing in collecting high resolution geophysical seabed data, announces the conclusion of its Construction Management and Services Contract with SeaTrepid DeepSea, LLC.

Ocean Installer continues building on its strong track record on the Norwegian Continental Shelf, securing two substantial SURF contracts with Statoil.

Kosmos Energy (NYSE: KOS) (LSE: KOS) announces that it has refinanced its reserve-based lending (RBL) facility. The RBL facility, which previously incorporated only the company’s Ghana assets, now includes the recently acquired producing assets in Equatorial Guinea as well as allowing the company the future flexibility to include the Greater Tortue development post final investment decision.

Oil and gas procurement specialist, Craig International, has appointed Steve Gibson as country manager for the Middle East to support the company’s continued growth across the region.

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Gulf of Mexico region wide Lease Sale 249, held on August 16, 2017.