Offshore
News
October 02, 2025
TotalEnergies has signed a farm-down agreement with CarbonVault for Denmark’s Bifrost Carbon Capture and Storage project in the North Sea, holding a 45% operator stake alongside CarbonVault (35%) and Nordsøfonden (20%).
News
October 02, 2025
SLB and SBM Offshore have entered an exclusive digital alliance to develop an AI-driven ecosystem aimed at optimizing FPSO production. The partnership combines SLB’s digital platforms and domain expertise with SBM Offshore’s lifecycle knowledge.
News
October 02, 2025
EnerMech has secured a subsea pre-commissioning contract for a major offshore gas project in Australia’s East Browse basin, covering riser and umbilical services from October 2025 to April 2026.
News
October 01, 2025
Rhino Resources Namibia Ltd. has confirmed a significant gas condensate discovery at the Volans-1X exploration well in Block 2914A, offshore Namibia’s Orange basin. The find represents the company’s third consecutive hydrocarbon discovery on Petroleum Exploration License 85 (PEL 85).
News
September 30, 2025
Equatorial Guinea has signed a Heads of Agreement (HOA) with ConocoPhillips to develop offshore Blocks B/4 and EG-27, a deal expected to unlock up to $9 billion in investment and support the country’s ambition to expand its role as a regional gas processing hub.
News
September 30, 2025
DeepOcean has secured a SIMOPRO offshore installation contract from Equinor on Norway’s Åsgard and Visund fields. The scope includes riser replacement, umbilical installations, and subsea infrastructure work, with operations planned for summer 2026 using the Edda Freya vessel.
News
September 29, 2025
Operator LLOG Exploration has achieved first production at the Salamanca Floating Production Unit in the deepwater U.S. Gulf. The facility, located in 6,400 ft of water, marks the first reuse of a former Gulf production unit repurposed for new development.
News
September 29, 2025
bp has reached a final investment decision on the $5 billion Tiber-Guadalupe development, advancing its second new production hub in the U.S. Gulf of America/Gulf of Mexico in less than two years.
News
September 26, 2025
Motive Offshore Group has acquired Norway-based Weld Integrity Group, strengthening its Certification & Inspection division and expanding non-destructive testing (NDT) and inspection services in the offshore Norway region.
News
September 26, 2025
BW Energy is evaluating a potential acquisition of Azule Energy’s non-operated interests in Angola’s Block 14/14K, part of its strategy to expand offshore oil and gas assets, the company stated, while clarifying that no binding agreement has been reached.
News
September 26, 2025
Seatrium has signed an MoU with Cochin Shipyard to strengthen offshore collaboration in India and Asia, targeting MRO projects, technology partnerships and growth in regional energy markets.
News
September 26, 2025
Nigeria has approved TotalEnergies’ $510 million sale of its 12.5% stake in OML 118, home to the Bonga deepwater field, to Shell and Nigerian Agip Exploration as part of Total’s global divestment strategy.
News
September 25, 2025
TechnipFMC has secured a substantial contract from ExxonMobil Guyana to deliver subsea production systems for the Hammerhead development in the Stabroek Block, marking its seventh greenfield award in the country since 2017.
News
September 25, 2025
SLB has secured a major Petrobras contract for up to 35 ultra-deepwater wells in Brazil’s Santos Basin Atapu and Sépia fields, deploying advanced electric completions and digital technologies to enhance production and reservoir management.
News
September 25, 2025
Aker BP and FourPhase have executed the first-ever remote offshore solids management operation in the North Sea. The two-month project reduced offshore exposure, improved efficiency and safety, and set a new benchmark for future digital and remote well interventions.
News
September 24, 2025
Aggreko and Katoni Engineering have partnered to deliver a tailored temporary power solution for a North Sea offshore platform turnaround, cutting nearly £900,000 in fuel costs and preventing 4.5 tonnes of CO₂ emissions.
News
September 24, 2025
ExxonMobil and Petrobras have raised competition concerns over the planned merger of Saipem and Subsea 7 into Saipem7. The companies warn the $21 billion deal could limit subsea pipeline installation options, drive up costs, and reduce supplier diversity in offshore projects.
News
September 23, 2025
TechnipFMC has secured a significant subsea production systems contract with Petrobras, valued between $75–$250 million. The award covers new offshore developments, brownfield expansions, and revitalizations in Brazil, with all systems manufactured locally.
News
September 22, 2025
Forum Energy Technologies has introduced ICE Unity, its advanced ROV control system designed to streamline offshore operations. The system features a unified user interface, remote monitoring, predictive maintenance, and compatibility across FET’s full ROV fleet.
News
September 22, 2025
Petrofac has extended its long-running partnership with Ithaca Energy, winning a two-year, $50 million contract renewal to provide integrated services across the operator’s UK North Sea portfolio.
