Castrol, a leading global lubricants manufacturer, has launched its next generation subsea control fluid.

The Coral South field is being developed by Eni in Area Four of the Rovuma Basin, off the coast of Mozambique, the floating liquefied natural gas (FLNG) unit will be Africa’s first floating gas facility.

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that MOL and Mitsui & Co., Ltd. (President &CEO: Tatsuo Yasunaga, headquarters: Chiyoda-ku, Tokyo) have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) and Chiyoda Corporation today announced that Subsea 7 has agreed to acquire a 60% holding in Xodus Group, a leading energy consultancy, from Chiyoda.

Aker Solutions won an order from Maersk Drilling to modify the production module on the Mærsk Inspirer jack-up rig for the Repsol-operated Yme oilfield offshore Norway.

MacGregor, part of Cargotec, has signed an order for the fabrication, engineering and project management of a complete subsea mooring and riser system with the Bangladesh-based company, Summit LNG Terminal Co.