Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of Mexico. Equinor will retain 49% interest in the project, and Shell will become the new operator of the field.

Canadian-based oil and gas exploration company, Eco Atlantic, has, through its subsidiary Azinam Limited, signed a farmout agreement for the acquisition of an additional 6.25% participating interest in Block 3B/4B offshore South Africa.

At the Sustainable Blue Economy Investment Forum in Cascais, Portugal, a special UN Ocean Conference event, Eco Wave Power Global AB joined 150 major companies in signaling their commitment to a healthy ocean by signing onto the UN Global Compact Sustainable Ocean Principles.

Siemens Gamesa is again leading the offshore revolution in Germany with a 913 MW firm order from customer Ørsted. 50 km off the coast of Lower Saxony in the German North Sea, three constituent areas within the overall development contribute to the 913 MW total installed capacity.

Aker BP has contracted Optime Subsea to deliver two Remotely Operated Controls Systems (ROCS).

LLOG Exploration Company, L.L.C. (“LLOG”) a privately-owned exploration and production company focused on the deepwater Gulf of Mexico (“GOM”), recently commenced production from its LLOG-operated Spruance Field which is located in Ewing Bank (“EW”) Blocks 877 and 921.

Since its establishment in 2017, Norway-based G2 Ocean has become one of the world’s largest ship operators within the open hatch segment.

RWE Renewables France and Bourbon Subsea Services have announced the signing of a partnership agreement to jointly bid for the Mediterranean floating offshore wind auction.

Kongsberg Maritime (KM) has been contracted to supply waterjet propulsion and control systems for what has been dubbed ‘the world’s most technically advanced and environmentally friendly Search and Rescue (SAR) vessel.’

Van Ameyde Marine, a Netherlands-headquartered marine surveying, consultancy, and loss prevention group, has appointed Rob Chesters as its new Global Business Development Manager.

On June 20^th, the dredger named Estoril, was handed over to its owner in a special ceremony. Fitted out with a renowned Damen submersible DOP dredge pump, the modular dredger will be located at the Port of Beira, where it will be performing maintenance dredging duties to ensure accessibility for larger vessels.

APA Corporation announces flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies (TTE), the operator, also holding a 50% working interest.

Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity outages limit operators’ ability to meet demand and the US government’s Strategic Petroleum Reserve (SPR) release boosts supply, Rystad Energy research shows.

McDermott International has reported progress and performance against its key environmental, social and governance targets in the company's 2021 sustainability report, published June 28, 2022.

Siemens Gamesa and Doosan Enerbility recently signed a non-binding Memorandum of Understanding (MOU) to investigate strategic cooperation within offshore wind power activities.

Well management expert, Exceed has announced the award of a milestone, vessel-based well plugging and abandonment campaign to be carried out in partnership with Mermaid Subsea Services UK (Mermaid) on behalf of four operators.