WorleyParsons has reached a settlement of a dispute with Exxon Mobil Corporation, as operator for, and on behalf of, the Sakhalin-1 Consortium in Russia.

Prosafe, a Cyprus-based owner of offshore accommodation rigs, has informed that the contract value for its accommodation rig Safe Bristolia has been reduced.

MHWirth, a provider of drilling solutions and services, is reportedly laying off 100 of its employees from several locations in Norway.

ExxonMobil recently discovered hydrocarbons offshore Guyana, while drilling the Liza-1 exploration well at the Stabroek block, located approximately 120 miles offshore Guyana.

Brazil’s state-owned company Petrobras has signed a cooperation agreement with the China Development Bank (CDB) for the years 2015 and 2016.

Jee Ltd, a subsea engineering and training firm, has been awarded a contract from Amec Foster Wheeler for the front end engineering design (FEED) of a jacket rigid polymer injection riser package (including J-tubes) as part of an enhanced oil recovery (EOR) North Sea field development.

The Norwegian Petroleum Directorate (NPD) has granted Suncor Energy Norge AS a drilling permit for well 25/10-13 S, in the North Sea.

California Gov.

Safety, physical security, cyber security: Trends in the offshore environment show a similar pattern in terms of how each end up applied, except all are at different levels of application.

The Italian Government has granted Trans Adriatic Pipeline (TAP) its Single Authorisation Permit.