Offshore
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.
News
April 03, 2026
OMV Petrom completes drilling of the Krum-1 well offshore Bulgaria, finding no significant gas but advancing geological understanding of the Black Sea basin.
News
April 03, 2026
A Brazil-based deepwater driller sees rising investment in Latin American offshore projects as geopolitical risks in the Middle East shift focus toward more stable regions.
News
April 03, 2026
ABL and Tidewater sign an agreement to provide marine assurance and DP services for offshore support vessels operating in Egypt and regional waters.
News
April 03, 2026
DroneQ Robotics and Mark Offshore partner to deploy the R/V Mintis for offshore inspection, subsea survey and robotics operations, combining ROV and drone technologies.
News
April 02, 2026
Transocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction.
News
April 02, 2026
Constellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs in Brazil.
News
April 01, 2026
Subsea7 secures a subsea installation contract for Chevron’s Aseng gas project offshore Equatorial Guinea, including flowlines, umbilicals and tieback infrastructure.
News
April 01, 2026
Trillion Energy looks to sell its Black Sea gas interest while committing $15 million to earn into a new exploration block in southeast Turkey.
News
April 01, 2026
New Fortress Energy signs a long-term lease for its TGS LNG import terminal in Brazil, positioning the asset for steady cash flow and future gas-to-power growth.
News
April 01, 2026
ABL and Maridive & Oil Services sign a two-year agreement to provide marine assurance and risk services supporting offshore vessel operations across key global energy regions.
News
April 01, 2026
Chevron has taken final investment decision on the Aseng Gas Monetization Project offshore Equatorial Guinea, aiming to develop gas resources through existing infrastructure and support LNG supply to global markets into the mid-2030s.
News
March 31, 2026
A federal panel has approved an exemption allowing oil and gas drilling in the Gulf of America/Gulf of Mexico to proceed without certain endangered species protections, citing national security concerns in a rare decision that could accelerate offshore activity and reshape regulatory oversight.
News
March 30, 2026
TotalEnergies has completed the merger of its UK North Sea upstream assets with NEO NEXT, forming NEO NEXT+—now the largest independent producer on the UK Continental Shelf, with expected 2026 output exceeding 250,000 boed and a strengthened platform for operational synergies and cash flow growth.
News
March 27, 2026
Equinor has launched drilling operations for the Raia project in Brazil’s Campos basin, a major pre-salt gas development expected to supply up to 16 MMcm/d and support the country’s energy demand by 2028.
News
March 27, 2026
Chariot has secured economic exposure to offshore Angola production through a financed acquisition of stakes in Blocks 14 and 14K, gaining access to ~4,000 bpd net-equivalent output and long-term cash flow backed by Shell trading support.
