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The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. Equinor’s interest in the field is now 46%. Anadarko Petroleum Corporation is the operator with a 33.75% interest, and Chevron holds 20.25% interest.

The fourth call for the EU-funded MaRINET2 project opens today until September 30. The project offers free access to a world-leading network of testing and research infrastructures. The call is open to offshore energy technology developers, including offshore wind, wave and tidal energy at system and component level.

Equinor and partners are proud to announce first oil from the Mariner field in the UK North Sea today. The field is expected to produce more than 300 million barrels of oil over the next 30 years.

FarSounder has released its new brochure: Advanced Underwater Solutions. This full-color brochure is designed to help inform those in military, government, research, and survey sectors, among others, about FarSounder’s 3D Sonar systems. It lays out how the system can help these vessels perform their missions efficiently and safely as they navigate the lesser charted areas of the world's oceans.

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