ELA Container Offshore GmbH has recently delivered two ELA Offshore Living Quarters, Type Allrounder, to Jumbo Offshore. The TLQs were installed on board their Construction Support Vessel MV Fairplayer.

Vroon Offshore Services and Ampelmann have joined forces to deploy a Walk to Work (W2W) solution for the Arkona offshore wind farm, located in the German Baltic Sea.

Deep Sea Mooring (DSM), a Vryhof company, has commenced operations with the newly awarded contract to provide pre-lay mooring products and services to the Deepsea Bergen semisubmersible drilling rig on the Norwegian Continental Shelf. Austrian oil & gas company OMV has deployed the semi-submersible rig to support drilling activities in the region.

The Norwegian Ministry of Petroleum and Energy offers the industry 75 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2017 (APA 2017) licensing round.

Statoil has awarded a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field. The seismic technology – a potential digital enabler for the field – will be a key contributor to delivering on Johan Sverdrup’s 70 percent recovery ambition.

Marine and offshore engineering consultancy Aqualis Offshore has signed a frame agreement to provide marine services to Aker BP.

The Alaska Gasline Development Corporation (AGDC) has submitted its final responses to post-application data requests made by the Federal Energy Regulatory Commission (FERC) regarding Alaska LNG.

The Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement is winding down. BP now expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results for the remaining Business Economic Loss (BEL) and other claims associated with the CSSP. The cash impact is expected to be spread over a multi-year period.

ExxonMobil has been named 2017 Explorer of the Year by the World Oil and Gas Council in recognition of excellence and innovation in the global energy industry.

Rising oil prices have drawn more eyes to the offshore markets. There are signs of green shoots after a period of depressed sentiment that started in late 2014, pushing asset values downwards through 2016. VV's Fixed Age Values for a 5-year old Jack Up Rig has increased 36% from Jan 2017, when a vessel was worth $69.9 million, to $95.14 million today.

Ocean Power Technologies, Inc. (NASDAQ:OPTT) announces that the Company has signed an agreement with Premier Oil (LSE:PMO), an international oil and gas company, to study the feasibility of using the PB3 PowerBuoy for decommissioning operations in the North Sea.

Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announces that it has concluded the purchase of two LeTourneau Super 116E jack-up rigs, the P-59 and P-60, which were both delivered new into service in 2013, in a public auction from a subsidiary of Petroleo Brasileiro S.A. ("Petrobras") for $38.5 million per unit.

LLOG Exploration Company, L.L.C. (“LLOG”) has announced that development drilling operations have begun at the Buckskin project in the deepwater Gulf of Mexico. Buckskin is located on Keathley Canyon blocks 785, 828, 829, 830, 871 and 872 in approximately 6,800 feet of water and was delineated by multiple prior wells.

McDermott International, Inc. (NYSE:MDR), a global leader in providing integrated engineering, procurement, construction and installation (EPCI) services for upstream offshore oil and gas fields worldwide, announces the launch of its First Digital Innovation Center in Pune, India.

Ecosse Subsea Systems (ESS) signaled its intent to expand in 2018 with the appointment of the company’s first Engineering Manager.

ArcLight Capital Partners announced that one of its affiliates has acquired a 26.5% non-operated interest in the Perdido Regional Host from BP Exploration & Production Inc. The Perdido Regional Host is the only deepwater production facility serving the Gulf of Mexico’s Perdido Foldbelt Trend, one of the most prolific and strategic plays in the Gulf of Mexico.