News
April 14, 2025
Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer Petrobras has faced a years-long dispute with environmental authorities to start drilling. According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor and bp. 
News
April 14, 2025
EnerMech has been awarded a three-year cranes and lifting services contract for the Anasuria floating production storage and offloading (FPSO) vessel, located 127km east of Aberdeen in the central North Sea. 
News
April 14, 2025
Öresundskraft and INEOS will jointly investigate the opportunity to store up to 210,000 tonnes of CO₂ annually from Sweden in Denmark. The captured CO₂ is planned for safe and permanent storage in Greensand storage facility located in the Danish North Sea.
News
April 14, 2025
BW Energy has made its final investment decision (FID) for the Golfinho Boost project, aiming to increase uptime, reduce operating expenses and add approximately 3,000 bpd of incremental oil production from 2027 at the Golfinho field offshore Brazil.  
News
April 14, 2025
bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. This discovery underscores bp's renewed focus on upstream exploration, part of its strategy reset announced in February 2025. Chevron co-owns the Far South prospect with 42.5% interest.
News
April 11, 2025
Energy NL, Canada's energy industry association, has issued a statement with details on its Budget 2025. CEO Charlene Johnson announced $90 million to be allocated over three years for offshore oil and gas exploration. 
News
April 10, 2025
Perenco has completed the UK’s first CO2 injection test for Carbon Capture and Storage (CCS). The test involved the injection of CO2 into a depleted natural gas reservoir in the North Sea, marking a major milestone for Project Poseidon and decarbonization in the UK.
News
April 10, 2025
OEG Energy Group has officially unveiled GEOBASE, the offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software.
News
April 10, 2025
Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has made a significant update to its Oil Spill Detection (OSD) system. The latest version of the Miros OSD now features cloud-enabled capabilities.
News
April 09, 2025
SBM Offshore has signed a sale and leaseback financing agreement for FPSO Cidade de Paraty for $400 million (USD) with a tenor of 8 years. Under the agreement, the special purpose company will transfer ownership to four Chinese leasing companies.
News
April 08, 2025
Shell Offshore Inc. (Shell), a subsidiary of Shell plc, today announced the start of production at Dover, the second subsea tieback connecting new wells to the existing infrastructure of the Shell-operated Appomattox production hub in the Gulf of America/Gulf of Mexico.
News
April 08, 2025
SPIE Global Services Energy, a subsidiary of SPIE, has announced the signing of a five-year contract with Sonangol Exploração & Produção for the general maintenance of the Block 3/05 oil complex in Angola.
News
April 07, 2025
TGS has been awarded a shallow water ocean bottom node (OBN) acquisition contract in Trinidad. The 3D baseline contract is scheduled to commence in early Q3. The total duration of the survey is approximately 80 days.
News
April 07, 2025
Liebherr has successfully sold two offshore cranes of the type RL 2600 and RL-K 2600 to Singapore-based Yinson Production. The cranes will support the Agogo FPSO, which will operate in the Agogo field, offshore Angola.
News
April 04, 2025
Brazil’s state-controlled oil producer Petroleo Brasileiro SA said it has finished building a wildlife rescue center, fulfilling a final requirement by Ibama as it seeks approval to drill an exploratory well in a promising region offshore the country’s Northern state.
News
April 04, 2025
The National Ocean Industries Association is pleased to announce SEACOR Marine and Proceanic are winners of the 2025 NOIA Safety in Seas Award Competition. SEACOR Marine is the Culture of Safety winner while Proceanic won the Safety Practice award.
News
April 04, 2025
Subsea7 has been awarded a sizeable contract by Shell Offshore for the Sparta deepwater development. The project involves the transportation and installation of a floating production system (FPS) off the coast of Louisiana at water depths of up to 1,635 meters. 
News
April 03, 2025
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres.  
News
April 03, 2025
bp Trinidad and Tobago (bpTT) has safely delivered first gas from its Cypre development. Cypre is one of bp’s 10 major projects expected to start up globally between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream. 
News
April 02, 2025
INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC's U.S. subsidiary. The deal increases INEOS' production globally to over 90,000 boed and marks the third major investment by INEOS Energy in the U.S. in the past three years.
News
April 01, 2025
Petrofac’s Asset Solutions division has been awarded a number of scope expansions and new contracts in Q1 2025 totaling $500 million (USD). The awards span late-life asset management, decommissioning and integrated services across core global markets.
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