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Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometers from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and production company.

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited currently owned by K&S Baltic Offshore (Cyprus) Limited.

Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of only 179 active FTZs in the country.

Last week Douglas-Westwood (DW) gave its annual presentation to the Society of Underwater Technology at Imperial College, London on the subject of ‘Global Offshore Prospects’. This has been a regular winter event for the SUT for more than a decade, and an opportunity for DW to share its outlook for the offshore energy sector including the latest findings from recent and soon-to-be-published studies.

ExxonMobil announced on Thursday, January 12, 2017, positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.

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