CGG’s Multi-Physics Marine group achieved a production rate of 99.7% in 2017, including acquisition of gravity and magnetic (GravMag) data totaling nearly 24,000 sail line kilometers during one of the world’s largest proprietary 3D marine seismic surveys.

Kongsberg Digital has launched a new 3D virtual application for its state-of-the-art K-Sim Cargo simulator.

Bollinger Shipyards has delivered the USCGC RICHARD SNYDER, the 27th Fast Response Cutter (FRC) to the U.S. Coast Guard. The Coast Guard took delivery on the 8th of February, 2018 in Key West, Florida. The vessel’s commissioning is scheduled for April, 2018 in Atlantic Beach, NC.

For the year ended Dec. 31, 2017, Anadarko reported a net loss attributable to common stockholders of $456 million, or $0.85 per share (diluted). Full-year 2017 net cash provided by operating activities totaled $4.0 billion.

FrontRow Energy Technology Group has extended its capabilities with the launch of a new start-up business, Pragma Well Technology Ltd.

Statoil and partners further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.

Phoenix International Holdings, Inc. (Phoenix) recently completed an abandonment campaign in the Gulf of Mexico utilizing its Atmospheric Diving System (ADS) HARDSUIT™ and a surface supplied air diving spread mobilized onboard a Vessel of Opportunity (VOO). Consisting of two phases, this project highlighted the technological capability and flexibility of the Phoenix ADS by demonstrating its ability to work throughout the water column without the need for any decompression, as well as showcasing the strong teamwork and synergy that exists between the Phoenix ADS and Diving divisions.

M² Subsea has secured a multi-million dollar contract with TransCanada to carry out pipeline-span support on the company’s pipeline installation for the Sur de Texas-Tuxpan gas project in the Gulf of Mexico.

Secretary of State for the Ecological and Inclusive Transition, Sébastien Lecornu, announced preliminary studies to the launch of a tidal energy tender in Paris on February 8, 2018. The announcement is an important first step and strong message to the sector. A tender for tidal energy will see France become the global center of tidal energy manufacturing.

Unique Group, one of the world’s most prominent integrated subsea and offshore solution providers, has re-established a dealer agreement with Kongsberg Maritime AS for the Middle East region. Under the business cooperation agreement, Unique Group’s offices in the region will offer sale and service of KM’s wide range of underwater mapping, navigation, acoustics and camera solutions to customers in the territories of Bahrain, KSA, Kuwait, Qatar and the UAE. The two companies presently have an agreement in place for Nigeria and Kenya.

International specialist equipment and integrated engineering services company, Sparrows Group, has secured a three-year contract with Repsol Sinopec Resources UK Limited to provide crane management services across its operating assets in the North Sea.

Deep Sea Mooring (DSM), a Vryhof company, has secured a contract with Quadrant Energy to provide turnkey pre-lay mooring solutions to the Transocean GSF Development Driller 1 semisubmersible drilling rig offshore Australia. The deal - a continuation of previous work for Quadrant Energy – begins in March 2018.

Eni has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics.

Offshore wind farms are getting bigger, and are increasingly being located further offshore in deeper waters, creating new challenges for their design, maintenance and operation. Key to their successful operation is the offshore substation, the gateway for the transport of energy to the mainland via undersea cables.

Aker Solutions invested in floating wind power technology company Principle Power Inc., forming an alliance that brings its offshore oil and gas field engineering expertise into a fast-growing renewable energy market.

“2017 was one of the strongest years in BP’s recent history. We delivered operationally and financially, with very strong earnings in the Downstream, Upstream production up 12%, and our finances rebalanced. And we did all this while maintaining safe and reliable operations.