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Executives from several service companies involved in the offshore space—including two sides of a recent hostile takeover bid—came together at OTC to discuss the virtues of collaboration and rationale behind M&A.

ExxonMobil’s hot streak of offshore discoveries have sparked investor interest in the Guyana-Suriname basin. How did the company get there, and why do industry representatives feel optimistic about future deepwater prospects in the region?

Unmanned aerial systems (UAS) are lightweight, low-cost aircraft platforms operated from the ground that can be outfitted with imaging or nonimaging payloads. UASs offer health, safety, and environment professionals a promising opportunity to reduce risks by keeping people out of harm’s way.

The Bureau of Safety and Environmental Enforcement is proposing to update regulations covering offshore oil and gas drilling operations.

Brazil’s large offshore discoveries and domestic demand for oil and gas are a combination that holds potential for explorers to make money on high-priced blocks. A series of offshore auctions offering more attractive properties at more reasonable terms have attracted aggressive bidding.

Oceaneering's self-contained, battery-powered (cage-mounted 100-kW battery pack) remotely operated vehicle (E-ROV) system performs common ROV tasks including inspection, valve operation, torque tool operation, and manipulator-related activities. The system interfaces with the company's onshore Mission Support Center via a 4G mobile broadband signal transmitted from a …

Trelleborg Sealing Solutions received approval for 25 materials to American Petroleum Institute API-16C specification relative to oil and gas choke and kill valve requirements. This represents the largest number of materials compliant to the standard available from any seal manufacturer, according to Trelleborg. The certification dictates a brine/diesel chemical compo…

Tyrone Jeffers joined SPX Flow as VP, global manufacturing and supply chain. He was also appointed as an officer of the company and will be a member of the executive leadership team reporting directly to President and CEO Marc Michael. He will succeed David Kowalski, president, global manufacturing operations, who plans to retire in the second half of 2018. Jeffers jo…

Lonestar Resources CFO Doug Banister retired on 30 April. He will provide consulting services to the company on a going-forward basis. Jason N. Werth has joined the company as the chief accounting officer and Gregory R. Packer joined as general counsel. Werth's most recent position was director of audit at Denbury Resources. He previously held positions at Arthur Ande…

Darcy Spady, 2018 SPE president, visited engineering faculty and students at the University of Malaya in Kuala Lumpur in March. Spady met with Malaysian Student Chapters representatives and had separate meetings with Professor Aziz Rahman, dean of faculty of engineering, and Badrul Mohamed Jan, the university student chapter adviser. Members of six SPE student chapter…