Engineering contractor Offshore Design Engineering (ODE) and Scottish construction company Burntisland Fabrications (BiFab) have agreed to jointly pursue UK offshore oil and gas turnkey design and build (EPC) contracts.

Norwegian independent Noreco has become operator and 50% co-owner of production license PL396 in the Barents Sea.

Central Gulf of Mexico Oil and Gas Lease Sale 213, held Wednesday, March 17, attracted $949.3 million in high bids.

TG World Energy Corp. has signed a farm-in agreement for 12.5% equity in SC 54A offshore northwest Palawan basin, Philippines.

Perenco has been awarded an oil exploration permit for the offshore Elombo block in Cameroon’s Douala/Kribi-Camp basin.

Origin Energy Ltd. has increased its interest in the Otway Gas Project to 67% following completion of the acquisition of an additional 36% interest from Woodside Energy Ltd.

Offshore fabricator Grenland Group has signed a letter of intent to acquire Bergen-based contractor CIC Engineering.

Offshore accommodation provider Ferguson Modular has appointed Graham Cowperthwaite as Chief Operating Officer of its accommodation support vessel (ASV) division.

Dockwise Shipping has won new contracts totaling around $20 million in value to transport drilling rigs to Australia and Rotterdam.

Statoil has contracted Aibel for modifications to its Gullfaks and Visund production facilities in the Norwegian North Sea.

Castrol Offshore has commissioned a new speciality product plant in Australia.

BP and Devon Energy Corp have signed a $7 billion agreement whereby BP will acquire all of Devon’s deepwater Gulf of Mexico, Brazil, and Azerbaijan assets.

Statoil has increased its working interest in the Chevron-operated St. Malo development in the US Gulf of Mexico to 21.5% by exercising its preferential rights on a proposed sale of Devon's share in the project.

Helix Energy Solutions intends to divest its entire oil and gas business to become a pure contracting services company, with a focus on deepwater well intervention and subsea construction.

Challenger Minerals North Sea (CMNS) has signed an agreement to farm into the Xcite Energy-operated Bentley heavy oil field in the UK sector.