Equinor Company with its partners decided to further develop the Asgard field and implement the Asgard B- low pressure project with an investment NOK 1.4 billion.

TecnhipFMC announced that it has received a letter of award (LOA) for integrated engineering, procurement, construction and installation (EPCI) by Energean for developing Karish North field.

The work on the project will begin immediately and the contract award will be reflected in McDermott's Q1 2019 backlog.

Saudi Aramco announced awarding an EPCI contract to Subsea 7 and Larsen and Turbo Hydrocarbon Engineering (LTHE), a subsidiary of Larsen and Turbo (L&T).

Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, states that the operations will begin in July 2016 and are set to be completed by the end of 2017.