Greek oil and gas producer, Energean Oil & Gas, has significantly expanded its operations in the growing eastern Mediterranean gas hub, with the purchase of Italian energy group Edison's oil and natural gas unit for an initial consideration of $750m.

Prosafe and Floatel International have entered into a merger agreement to create a bigger company to ride through the prolonged industry downturn and challenging operating landscape for offshore accommodation.

GAC has opened up in Guyana in response to demand shipping and logistics support services following the discovery of large reserves of oil and gas in its waters, in 2015.

AP Moller – Maersk has sold its stake in French oil and gas company Total for EUR884m ($1bn).

Rotterdam Port Fund has invested in a company specialising in robots to operate in high risk environments such as oil and gas facilities.

With demand growing for professional shipping services from the offshore oil & gas industry, GAC, is opening an office in Uruguay.

Lamprell and Royal Boskalis Westminster consortium have been selected under Saudi Aramco's Long Term Agreement (LTA) facilities programme.

Singapore’s Keppel FELS has entered into a settlement agreement with an unnamed global oil and gas services firm to terminate a contract valued at approximately SGD165m ($120.2m).

KOTUG and Petroconsult have formed a joint venture which will provide operational and towage services for Arab Petroleum Pipelines Co SUMED.

Bernhard Schulte Shipmanagement (BSM) is preparing for future opportunities and has set up a new business unit to focus on the oil and gas (O&G) and offshore energy renewables markets.

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