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In support of the Administration’s America-First Offshore Energy Strategy, Department of the Interior’s Acting Assistant Secretary for Land and Minerals Management Casey Hammond and the Bureau of Ocean Energy Management (BOEM) Acting Director Dr. Walter Cruickshank today announced that BOEM proposes to offer approximately 78 million acres for a region-wide lease sale scheduled for March 2020.

On October 5, Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, started production from the giant field in the North Sea, more than two months ahead of and NOK 40 billion below the original estimates in the Plan for development and operation.

The Secretaries General of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in research and the sharing of best practices.

North East England’s offshore wind industry and the opportunities open to UK companies from significant upcoming wind farm developments will be the focus of a major event taking place in the region in November.

Leading Classification Society ClassNK has released “Guidelines for Remote Surveys” in preparation for carrying out remote surveys (*1) using ICT (Information and Communication Technology) (*2). The guidelines outline requirements to apply to remote surveys for some types of occasional surveys, and from now on ClassNK will implement remote surveys that satisfy the requirements.

4Subsea has been acquired by Subsea 7 in a 100% stock buyout. The acquisition will enable further enhancement and scaling of 4Subsea’s know-how, technology and services to a worldwide market. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team. 4Subsea’s Peter Jenkins will continue in his role as CEO of the company.

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