It marks the seventh consecutive year of greater than 100 percent of production replacement for Kosmos.

The award will be reflected in McDermott's 4Q 2019 backlog.

Here are Rigzone's top stories during the last week, just in case you missed them...

A nascent rebound in oil prices ran into turbulence after China's Hubei province reported almost 15,000 new coronavirus cases as it changed its method for counting infections.

The U.S. Energy Information Administration has cut its Brent oil price forecast for 2020.

Signs that the spread of the coronavirus may be slowing boosted investor confidence that crude's sell-off has peaked.

Russia's key oil producers voiced support for the idea of extending OPEC+ output cuts into the second quarter.

A fire broke out overnight at Exxon Mobil Corp.'s Baton Rouge oil refinery in Louisiana, halting production at the fifth-biggest fuel-making plant in the U.S.

Futures in New York maintained gains Wednesday after rising as much as 3.6%.

Noble Corp. plc has executed a commercial enabling agreement with ExxonMobil that provides a framework for ongoing drilling services in the Guyana-Suriname Basin.

The Norwegian Petroleum Directorate has revealed that $1.84 million of the $1.90 million it was frauded out of last year has been returned.

BP pledged to achieve net-zero carbon emissions from its oil and gas operations and production by 2050.

TechnipFMC has revealed that it expects approximately $2.4 billion of non-cash asset impairment charges to impact its results in the fourth quarter.

AG&P and ADNOC L&S executives at the signing of an agreement for the long-term charter of an FSU at AG&P's new LNG import terminal at Karaikal Port in South India. PHOTO SOURCE: Business Wire

NextDecade's Rio Grande facility will be able to export LNG to FTA and non-FTA countries.

The companies will perform several tests using robots and drones on the Skarv installation in the Norwegian Sea this year.

This contract follows a successful intervention campaign by Oceaneering in the same region in late 2018.

This photo shows one of Aquaterra's Sea Swift conductor supported platforms. PHOTO SOURCE: Aquaterra Energy

Daniels' career in the energy business spans tenures at both Phillips 66 and Energy Transfer from 2008 to the present.

This photo shows a Bristow S-92 aircraft on the ramp at ConocoPhillips' Ekofisk platform in the North Sea. PHOTO SOURCE: Bristow Group, Inc.