Statoil has together with PL532 partners made a gas discovery in the Kramsnø prospect in the Barents Sea. The exploration program around the Johan Castberg field has been vital in providing area knowledge, but so far not delivered expected oil volumes.

 MacArtney has delivered a powerful and versatile Sperre SUB-fighter 7500 ROV system for DBB ROV Services A/S, a major Danish ROV contractor for offshore drill support, inspection, survey and support jobs in connection with installation of offshore wind turbines.

 FMC Technologies, Inc. announced that it has received an order from eni Muara Bakau BVto supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720 million in revenue if the full scope of the award is called off.

 Bowtech Products Ltd, a global market leader in subsea vision systems, releases the 6th generation of their colour and monochrome tooling cameras with 720 TV lines with improved light sensitivity.

As part of Bowtech’s continual product improvement strategy, the monochrome LCC-700 has been superseded by the LCC-720 and the colour L3C-650 is superseded by the L3C-720.

 Benefits to asset integrity and environmental monitoring of oil and gas installations will come from a project developed by Eni Norge and Tecnomare called Clean Sea (continuous long-term environmental and asset integrity monitoring at sea).

 Spending on floating production systems could rocket over the next four years, a new report has claimed.

Energy industry analysts Douglas Westwood predict a 138% increase in FPS and FPSO expenditure by 2018, taking the market to around $99billion.

 North Sea operator EnQuest has launched a new incident management tool aimed at improving safety on the UK continental shelf.

The system, which combines software by DNV GL and Kelvin Top-Set, was designed to make it easier for offshore workers to investigate and report incidents.

 Statoil and the partners in the Johan Sverdrup oil field have decided on a concept for development of the field off Norway, for which investment in the first phase is estimated at up to NOK120bn ($19.6bn).

 Lundin Petroleum has commenced exploration drilling on the wildcat oil exploration well Balqis-01 using the Hakuryu 11 rig in the Baronang PSC, Natuna Sea, Indonesia.

 On 2 July 2013, Norsafe and the Swedish Coastguard (KBV) signed a frame contract concerning the delivery of its next-generation workboats. The total number of boats is undecided, but in October, Norsafe received its seventh boat order for delivery in 2014; a contract to deliver next-generation Magnum 750 rescue boats. KBV is a well-informed customer with enormous experience, and through this collaboration Norsafe has benefited from its extensive knowledge of these boats.