Oil Spill Response Ltd (OSRL) has announced the signing of a new “Strategic Cooperation Agreement” with Genesis Oil and Gas Consultants Ltd  to support its Subsea Well Intervention Service (SWIS) members.

The Kognifai Partner Program is now open to all, enabling third party developers and users to share the secure Kognifai infrastructure and leverage the digitalization expertise at Kongsberg Digital. By providing the digital ecosystem needed to deliver new technologies and services, the open Kognifai Partner Program ensures that the best transformative solutions are available to KONGSBERG customers at all times.

Qatar Petroleum has entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico.

Global subsea services company Seanic Ocean Systems Ltd, a Centurion company, has moved its UK division into new premises in the ABZ Business Park in Dyce, Aberdeen, following a positive stream of business and sustained growth. In the last 12 months, the company has seen a 26% increase in utilisation of its decommissioning equipment packages that have supported various clients across multiple campaigns throughout the year.

International casing and completion technology business, Deep Casing Tools, continues to consolidate its Middle East division with two new appointments and an order placed by a large Middle East national operator for 21 motorised reaming tools, valued at US $1.5million.

Equinor submitted a winning bid of USD 135 million for lease OCS-A 0520, during the online offshore wind auction concluded by the US Department of the Interior's Bureau of Ocean Energy Management (BOEM).

In response to the challenges of effective water injection in fractured reservoirs, independent global completions service company Tendeka has launched a new technology to optimize oil production.

For the third successive year, offshore wind has helped to keep FoundOcean moving in a positive direction.

EnerMech has confirmed the conclusion of its sale to The Carlyle Group and announced the formation of the group’s Board of Directors.

Angola’s Sonangol and BP have signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the production license for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to government approval, and for Sonangol to take an 8% equity interest in the block.

On December 16^th, Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. On December 17^th, gas from the Aasta Hansteen field is available to the market for the first time and together with the Polarled pipeline the field opens a new region for gas export to Europe.

Price volatility. Market turbulence. Geopolitical tensions. As 2018 draws to a close the stage is already set for a fascinating 2019 in the upstream industry.

To complete an extensive oil pipeline dredging and installation project, Murjan Al Sharq Marine Contracting Co. Ltd. (MSMC) has taken delivery of three Damen vessels: a Stan Tug 1606, a Shoalbuster 2509, and a Stan Pontoon 4512 equipped with a Damen DOP Pump.

Subsea 7 S.A. has announced the award of a sizeable(1) contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project, located approximately 140 miles east of Aberdeen.

Trelleborg’s marine systems operation has bolstered its industry leading navigation and piloting offering with the launch of SafePilot CAT MAX, the latest addition to its SafePilot range, which utilizes state-of-the-art software and smart technology to help pilots and ports optimize safety and efficiency in their day-to-day operations.

Boston-based Sea Machines Robotics announces that it has closed a $10 million Series A investment led by Accomplice VC and Eniac Ventures, with participation from Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; NextGen VP; Geekdom Fund; Launch Capital; LDV Capital and others.