Offshore
News
April 09, 2026
Subsea7 has secured a SURF contract worth at least $1.25 billion for Petrobras' Sépia 2 pre-salt development in Brazil’s Santos basin, covering engineering, procurement, installation and pre-commissioning for 17 wells.
News
April 09, 2026
CB&I has completed its acquisition of Petrofac’s Asset Solutions business, adding operations, maintenance, wells and decommissioning services to expand its global energy services portfolio.
News
April 09, 2026
Egypt has agreed to purchase the full output of Cyprus’ Aphrodite gas field under a long-term deal, securing future supply as domestic production declines and demand continues to rise.
News
April 09, 2026
Occidental has reported an oil discovery at the Bandit prospect in Green Canyon Block 680 in the U.S. Gulf, encountering oil-bearing Miocene sands with potential for subsea tieback development.
News
April 09, 2026
SLB OneSubsea has secured a contract from Beacon Offshore Energy to deliver an HPHT multiphase boosting system for the Shenandoah field in the Gulf of Mexico, supporting enhanced recovery in a deepwater development.
News
April 08, 2026
ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to 1 Bcm/year and strengthening domestic energy supply for the Netherlands and Germany.
Article
April
The main message from World Oil’s Deepwater Development Conference was that the industry has tended to optimise capex spend and delivery of first oil, often at the expense of following decades. As deepwater projects become increasingly more challenging, designing systems for remote operations reduces safety risk and crewed intervention costs over field life. With continual improvement in data processing and AI, tangible savings are likely.
News
April 07, 2026
SLB OneSubsea and Subsea7 have signed a collaboration agreement with PETRONAS Suriname to accelerate offshore subsea developments, enabling early engagement and integrated EPCIC delivery across multiple projects.
News
March 04, 2026
Semco Maritime has secured a multi-year contract to support integrated control and safety systems across eight offshore and onshore assets in the UK North Sea.
News
April 02, 2026
Velesto Energy has received three awards at the IADC Southeast Asia Chapter Safety Awards, including offshore incident-free honors, reflecting continued focus on safety performance across its drilling operations.
News
April 07, 2026
Aker BP has started production from the Symra field offshore Norway nine months ahead of schedule, adding a subsea tieback to the Ivar Aasen platform and supporting continued North Sea production growth.
News
April 07, 2026
Decom Engineering has secured a U.S. patent for its Chopsaw subsea cutting technology, designed to improve precision, safety and efficiency in offshore decommissioning and infrastructure removal operations.
News
April 07, 2026
ABL has completed marine assurance and transport support for the Northern Endeavour FPSO, overseeing its multi-phase journey from Australia to a recycling facility in Denmark as offshore decommissioning activity continues to expand globally.
News
April 07, 2026
Hunting has secured $63.5 million in subsea orders for a Guyana offshore development, supplying titanium stress joints for FPSO applications as activity continues to ramp up in one of the world’s fastest-growing deepwater regions.
News
April 07, 2026
Eni has discovered an estimated 2 Tcf of gas offshore Egypt, with the Denise W-1 well located near existing infrastructure—positioning the project for fast-track development and reinforcing Eastern Mediterranean supply potential.
News
April 06, 2026
bp and ADNOC-backed Arcius Energy has sanctioned a $500 million offshore gas development in Egypt, advancing plans to boost supply from the Eastern Mediterranean.
News
April 06, 2026
Halliburton partners with PETRONAS and Valaris to support offshore development in Suriname, aligning drilling and subsurface planning early in the project lifecycle.
News
April 06, 2026
Masirah Oil plans to begin drilling three development wells at the offshore Yumna field in Oman’s Block 50, advancing production activity in the area.
News
April 06, 2026
Valaris extends its DS-4 drillship contract with Petrobras offshore Brazil, adding $447 million in backlog and securing deepwater work into 2030.
News
April 05, 2026
The Trump administration plans to reunite offshore drilling regulators split after the 2010 Gulf spill, aiming to streamline oversight of U.S. oil and gas activity.
News
April 05, 2026
Lion Energy awards a drilling contract for its Bula Karang-1 exploration well in Indonesia’s East Seram PSC, targeting new oil potential offshore.
