Offshore
News
May 29, 2025
ExxonMobil says it will be “business as usual” in its massive Guyana oil field if it loses its arbitration case against Chevron and Hess. Exxon and CNOOC have claimed right of first refusal over Hess’s stake in the offshore Stabroek block.
News
May 29, 2025
TotalEnergies has signed an agreement with Shell to sell its 12.5% interest in the Bonga oil field, offshore Nigeria, for $510 million. The deal increases Shell’s stake in the Bonga oil field to 67.5%. Shell completed its sale of onshore Nigeria assets in the West African nation.
News
May 29, 2025
bp Trinidad and Tobago (bpTT) has safely delivered first gas through connection of the initial discovery well at the Mento development, offshore Trinidad. The drilling campaign for the remaining seven gross wells on the platform will now begin, bp announced. Mento is a 50/50 joint venture between bpTT and EOG Resources, with EOG acting as operator.
News
May 28, 2025
Terradepth has secured a five-year agreement with a major offshore energy company. Terradepth will deploy its Ocean Data as a Service® (ODaaS) solution to deliver autonomous hydrographic survey and data services at a fraction of the traditional time and cost.
News
May 28, 2025
Ecopetrol SA plans to continue drilling for natural gas in Colombian Caribbean waters after partner Shell Plc exited three offshore blocks, betting on growing domestic demand and potentially lucrative reserves.
News
May 28, 2025
Two workers injured in a May 20 fire on a Chevron Corp. oil platform off the coast of Angola have died. Authorities are working to recover a body spotted underwater near the platform, according to Angola's Petroleum and Minerals Ministry.
News
May 28, 2025
BW Offshore has signed an agreement to acquire the FPSO Nganhurra, a purpose-built facility with production capacity of 100,000 bpd and storage capacity of 900,000 barrels. The acquisition is part of a strategy to offer timely and competitive redeployment solutions.
News
May 27, 2025
Valeura Energy has completed an eight-well drilling campaign at License B5/27, offshore Gulf of Thailand, the company announced. The block B5/27 drilling program was completed safely, on time, and under budget, Valeura noted.
News
May 27, 2025
OEG has secured a three-year framework agreement with an international oil major. Under the terms of the agreement, which includes optional extensions for up to five years, OEG will supply logistics equipment for the organization’s operations in North America.
News
May 27, 2025
Kongsberg Maritime has launched its new Tunnel Thruster type TTH, setting new standards in performance and reliability with a compact, modular design that reduces downtime and eliminates the need for dry-docking.
News
May 26, 2025
The release of the second edition of API Std 20S strengthens the previous edition’s requirements, incorporating the latest industry practices, clearer non-destructive testing guidance and expanded tools for inspection and process control.
News
May 26, 2025
Oil production has started from the fourth development phase of the Mero field off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos basin. The field is operated by Petrobras (38.6%), with TotalEnergies and Shell Brasil each holding 19.3% working interest.
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.
