The contract extension, worth approximately US$ 96 million, has been secured with a reputable oil major client by a joint-venture company formed between Mermaid and local offshore services operator in a GCC country in the Middle East. The contract extension duration is for a firm one year plus a one-year option.

Statoil, together with co-venturers and the Azerbaijan Government sign amended and restated Azeri-Chirag-Deepwater Gunashli PSA.

Leading international oilfield services company, Expro, has secured a five-year master services agreement with Repsol Sinopec Resources UK Limited, for well services across its UK North Sea assets.

Efforts in Brazil are reinforced for OSM with more than 90 specialized offshore positions officially on board the Peregrino.

RINA Services has been chosen by Eni East Africa to act as Certification Authority for the design and fabrication of subsea structures and equipment and to provide technological validation services for the company’s Floating Liquefied Natural Gas (FLNG) unit intended for the Coral South Development Project - the first project of its kind in Africa.

Trelleborg’s engineered products operation is growing its portfolio of offshore floatover solutions, with a custom designed skirt pile gripper. Add to this its grout seal, diaphragm closure and grout packer products, and Trelleborg customers can now specify a total sub-structure leg can system from one source.

Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. Gas will become the largest single source of energy from 2034.

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region.

Hyperdynamics Corporation (OTCQX: HDYN) ("Hyperdynamics" or the "Company"), announced that it has notified the government of the Republic of Guinea that it will be seeking a two-year appraisal period under its oil and gas Production Sharing Contract.

A consortium of organisations has set out to tackle one of the most enduring challenges in the North Sea: the non-destructive testing (NDT) of corroded pipes under insulation and engineered temporary pipe wraps.

Kosmos Energy (NYSE: KOS) announces that it has successfully completed the drill stem test (DST) of the Tortue-1 well, demonstrating that the Tortue field is a world-class resource and confirming key development parameters including well deliverability, reservoir connectivity, and fluid composition.

CGG announces the start of work on Espirito Santo IV, a large BroadSeis™ 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil.

InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has been awarded a service contract with Subsea 7 to provide mooring and tow services for BP’s new Mad Dog 2 project.

ExxonMobil said on Tuesday, September 5, 2017, that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other logistical infrastructure in the Houston area.

John Crane Asset Management Solutions has secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at one of the largest new developments in the UK North Sea.

Ensco plc (NYSE: ESV) announces that ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea.