WorldOil Bibby Offshore secures multi-million North Sea contract Bibby Offshore, a leading subsea services provider to the oil and gas industry, has secured a two-phase multi-million pound contract with a leading oil and gas and production company. Rovco attracts £1.2-million investment to launch live 3D subsea technology Subsea services company, Rovco is on track to rapidly grow its share of the global subsea market after securing a £1.2-million investment, enabling the firm to launch its advanced live 3D subsea survey system and triple its workforce. IPAA supports Interior’s efforts to remove regulatory hurdles to offshore safety Following the publication in the Federal Register of Bureau of Safety and Environmental Enforcement’s (BSEE) proposed revisions to the Blowout Preventer Systems and Well Control Rule, IPAA Senior V.P. of Government Relations and Political Affairs Dan Naatz praised the bureau’s work on revising flawed regulations and advancing safer offshore industry operations. Bibby Offshore secures subsea services contract with Spirit Energy Bibby Offshore, a subsea services provider to the oil and gas industry, has secured a fixed term framework agreement with leading independent oil and gas operator, Spirit Energy. Statoil awards five-year IMR services contract to Subsea 7 Statoil is awarding Subsea 7 Norway AS a five-year contract for IMR services to be carried out by the Seven Viking vessel for subsea operations on the Norwegian continental shelf (NCS). Rystad Energy says 100 new offshore projects to be sanctioned this year The current tailwind in the oil market is likely to propel 100 new offshore projects to be sanctioned in 2018, according to Rystad Energy. This compares to only 60 projects in 2017 and below 40 in 2016, as shown in the latest Oilfield Service Report by Rystad Energy. InterMoor launches acoustic release mooring connectors InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, has announced the market introduction of its new Inter-M Release mooring connector. Universal Subsea Inc. introduces new subsea isolation cap at OTC Sean Thomas, P.E., general manager at Universal Subsea Inc., presented the company’s business plan and patent-pending Wellhead Defender subsea isolation cap at the Rice Alliance Startup Roundup at OTC on April 30. Delmar Systems, MDL launch wire rope inspection and change-out service solution Delmar Systems and Maritime Developments (MDL) have formed a joint-partnership to launch LiveWire, an innovative solution for wire rope inspection and change-out services. McDermott completes installation, startup for Vashishta and S1 field McDermott International, Inc., has successfully concluded the installation and startup on Vashishta and S1 field, an engineering, procurement, construction and installation (EPCI) contract that it received from ONGC in December 2015.