U.S. Offshore
News
December 01, 2025
Subsea Supplies has partnered with DRIFT Offshore to expand subsea connector and cable assembly support for U.S. energy operators. The collaboration establishes local manufacturing and testing capabilities in Florida, reducing lead times and improving supply-chain reliability for offshore projects.
News
November 25, 2025
Seatrium has secured its second deepwater FPU contract from bp, winning the Tiber project in the U.S. Gulf. Leveraging a series-build approach and lessons from the Kaskida unit, the Tiber FPU will deliver 80,000 bpd from Keathley Canyon using fully integrated, single-lift topsides.
News
November 24, 2025
A new drilling surge is underway in the U.S. Gulf, as Beacon Offshore starts up record-setting high-pressure wells that could reshape long-term U.S. deepwater production.
News
November 20, 2025
The U.S. Department of the Interior has proposed its most expansive offshore leasing plan in years—up to 34 OCS lease sales across the Gulf of America, Alaska and the Pacific. API, NOIA and IPAA call it a “historic step” toward restoring U.S. offshore competitiveness and strengthening long-term energy security.
News
November 18, 2025
SLB OneSubsea has secured an EPC contract to deliver a standardized subsea boosting system for bp’s Tiber project in the deepwater Gulf of Mexico—the second such award tied to bp’s Paleogene developments after Kaskida.
News
November 12, 2025
TGS and Viridien have released early “Laconia Phase III” ocean bottom node (OBN) results revealing sharper imaging and reduced exploration risk across key Paleogene targets in the U.S. Gulf. The data comes just weeks before U.S. Lease Sale 262 (BBG 1) on Dec. 10, giving explorers new subsurface insight as they finalize bidding strategies.
News
November 07, 2025
The U.S. Bureau of Ocean Energy Management (BOEM) has announced two major steps toward expanding offshore oil and gas leasing under the Trump administration’s energy agenda and the One Big Beautiful Bill Act.
News
November 03, 2025
Beacon Offshore Energy has partnered with Tampnet to deploy advanced subsea fiber and 5G digital infrastructure at the Shenandoah deepwater development in the U.S. Gulf of Mexico. The system enables real-time monitoring, remote operations, and improved offshore safety.
News
October 29, 2025
The Trump administration is ruling out plans to auction offshore oil and gas leases along the U.S. East Coast, scaling back its proposed five-year leasing program after opposition from coastal states and environmental groups.
News
October 24, 2025
The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a new report and website showcasing the Gulf as a leading global offshore energy hub driving U.S. jobs, innovation, and low-carbon production.
News
October 24, 2025
Delfin Midstream has awarded Samsung Heavy Industries the exclusive EPCI contract for its first floating LNG vessel under the Delfin LNG project offshore Louisiana. The LOA paves the way for a 2025 final investment decision and a second vessel FID in early 2026.
News
October 23, 2025
The American Petroleum Institute (API) has released the third edition of API Standard 2RD, enhancing offshore safety and riser integrity for floating production systems. The updated standard unifies design methods, strengthens robustness requirements, and supports extended riser service life.
News
October 23, 2025
Tampnet will provide advanced digital connectivity infrastructure—including subsea fiber and private 5G—for LLOG Exploration’s Salamanca deepwater development in the U.S. Gulf of America/Gulf of Mexico.
News
October 22, 2025
bp and Japan’s JERA are winding down their U.S. offshore wind joint venture, JERA Nex bp, citing an unfavorable policy environment under the Trump administration. The decision halts the planned 2.5-GW Beacon Wind project off Massachusetts amid a broader industry pullback.
News
October 10, 2025
Beacon Offshore Energy has achieved its target production rate of 100,000 bopd at the Shenandoah field in the U.S. Gulf, just 75 days after first oil, confirming the high operability of the Shenandoah floating production system.
News
October 09, 2025
Houston-based Sable Offshore Corp. is seeking assistance from the Trump administration to revive crude production offshore Santa Barbara, Calif. The company’s plans to restart pipelines from the Santa Ynez Unit have been delayed by state regulators, prompting consideration of shipping oil by tanker instead.
News
October 03, 2025
Transocean Ltd. has announced new contract fixtures totaling $243 million in firm backlog for two ultra-deepwater drillships. bp exercised a 365-day option for the Deepwater Atlas in the U.S. Gulf, while Petrobras exercised a 30-day option for the Deepwater Mykonos offshore Brazil.
News
October 03, 2025
The American Petroleum Institute (API) welcomed a federal court ruling that overturned a previous administration’s attempt to permanently ban new offshore oil and gas leasing, calling the decision a major step toward restoring access to U.S. energy resources.
News
September 29, 2025
Operator LLOG Exploration has achieved first production at the Salamanca Floating Production Unit in the deepwater U.S. Gulf. The facility, located in 6,400 ft of water, marks the first reuse of a former Gulf production unit repurposed for new development.
News
September 29, 2025
bp has reached a final investment decision on the $5 billion Tiber-Guadalupe development, advancing its second new production hub in the U.S. Gulf of America/Gulf of Mexico in less than two years.
Article
U.S. drilling slows as high operating costs, low oil prices and capital restraint motivate operators
September 2025
U.S. drilling activity has softened in 2025, with rig counts sliding despite steady production, as operators lean on efficiency gains and disciplined spending. M&A and inventory optimization took priority over aggressive new drilling, while gas-focused rigs remained under pressure amid shifting LNG demand.
