Offshore
News
May 22, 2025
TotalEnergies is preparing to begin offshore drilling in South Africa in 2026, pending final regulatory approvals, according to Mike Sangster, the company’s SVP for Africa Exploration & Production, who recently emphasized TotalEnergies' multi-energy strategy at the Invest in African Energy Forum in Paris.
News
May 22, 2025
Ocean services provider DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. The acquisition strengthens an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.
News
May 21, 2025
Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.
News
May 21, 2025
Chevron Corp. and local authorities in Angola are searching for a missing worker after a fire broke out on a deepwater oil platform. The fire occurred while the platform was undergoing scheduled maintenance, injuring 17 people, including four who suffered severe injuries.
News
May 21, 2025
DOF Group ASA has secured four long-term charter and service contract awards with Petrobras in Brazil following a competitive tender process. The combined value of the contracts is approximately $480 million USD.
News
May 20, 2025
GATE Energy and HD Hyundai Heavy Industries (HHI) have signed an MoU formalizing their intent to collaborate on offshore energy infrastructure projects, marking a strategic alignment in engineering, procurement, construction, and commissioning (EPCC).
News
May 20, 2025
ABS issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its design of a multi-purpose LNG floating facility for deep water. Called MLF-O, the design from SHI optimizes the production facility for deepwater areas with a wave height of nine meters.
News
May 19, 2025
Sable Offshore has restarted production at the Santa Ynez Unit (SYU), offshore California, marking a major milestone for the development once owned by ExxonMobil. The Santa Ynez Unit was previously shut down in May 2015 after facing regulatory hurdles and a pipeline leak.
News
May 19, 2025
Subsea7 has secured a contract with ConocoPhillips for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway. The study will finalize the technical definition of the proposed subsea development.
News
May 19, 2025
Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan. Erdogan said the discovery was made after 49 days of drilling at the Goktepe 3 field.
News
May 19, 2025
The United Arab Emirates and Exxon Mobil Corp. have agreed to expand the nation’s oil production capacity, ADNOC said in a statement Friday. Under the agreement, ADNOC will work with Exxon to boost capacity at the offshore Upper Zakum field.
News
May 16, 2025
Halliburton and Rhino Resources have delivered two exploration wells within PEL 85 offshore Namibia, the companies announced. These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases.
News
May 15, 2025
Following an R&D program, pipeline intervention specialist STATS Group has designed a Mechanical Pipe Connector to address increased demand in the Norwegian oil and gas sector. Titanium is better suited to high-stress corrosive environments found in the North Sea.
News
May 15, 2025
Libya’s latest upstream licensing round has already attracted more than 40 applicants, signaling growing interest in its largely untapped hydrocarbon potential. The update was shared during a ConocoPhillips-sponsored session at the Invest in African Energy Forum.
Article
April 2025
Big changes may be headed for hydrocarbon projects
News
May 15, 2025
Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore Trinidad.
News
May 14, 2025
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
News
May 14, 2025
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID.
News
May 13, 2025
Nexos, a leading EPC provider for the offshore energy sector, has announced a strategic expansion into onshore energy projects. The move is bolstered by a 300-person strong onshore services division, positioning nexos as a key player in the energy transition.
News
May 13, 2025
Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
News
May 12, 2025
“We (the Trump administration) need to ensure that (U.S.) resources are secure, abundant and reliable. And we need energy of all kinds.” That is the message that Ryan Peay, the newly installed Deputy Assistant Secretary in the U.S. Department of Energy, brought to an OTC audience on the afternoon of Day 2 at OTC.
