Deepwater
News
November 25, 2025
Seatrium has secured its second deepwater FPU contract from bp, winning the Tiber project in the U.S. Gulf. Leveraging a series-build approach and lessons from the Kaskida unit, the Tiber FPU will deliver 80,000 bpd from Keathley Canyon using fully integrated, single-lift topsides.
News
November 25, 2025
TotalEnergies has finalized the sale of its 12.5% non-operated interest in Nigeria’s deepwater Bonga field (OML 118 PSC) to Shell Nigeria Exploration and Production Company and Nigerian Agip Exploration for a combined $510 million, marking a major portfolio shift in one of its key hydrocarbon regions.
Article
November 2025
In the future, the need for reliable, compact, and compliant human support systems will only grow. As offshore industries transition into deeper waters and begin to intersect with emerging sectors, the importance of safety-focused engineering becomes even more paramount.
News
November 24, 2025
A new drilling surge is underway in the U.S. Gulf, as Beacon Offshore starts up record-setting high-pressure wells that could reshape long-term U.S. deepwater production.
News
November 18, 2025
TechnipFMC has landed a substantial iEPCI™ contract for Eni’s Maha deepwater project offshore Indonesia—the first use of Subsea 2.0® technology in the country and a new tieback to the Jangkrik FPU.
News
November 18, 2025
SLB OneSubsea has secured an EPC contract to deliver a standardized subsea boosting system for bp’s Tiber project in the deepwater Gulf of Mexico—the second such award tied to bp’s Paleogene developments after Kaskida.
News
November 18, 2025
Transocean has picked up $89 million in new backlog after operators in Brazil, Norway and Romania exercised options on three of its floating rigs, underscoring steady demand for ultra-deepwater and harsh-environment capacity.
News
November 17, 2025
Petrobras has confirmed a new post-salt oil discovery in Brazil’s Campos basin, identifying high-quality crude at the Sudoeste de Tartaruga Verde block. The well has been drilled and logged, with lab analysis now underway to assess full reservoir potential.
News
November 12, 2025
TGS and Viridien have released early “Laconia Phase III” ocean bottom node (OBN) results revealing sharper imaging and reduced exploration risk across key Paleogene targets in the U.S. Gulf. The data comes just weeks before U.S. Lease Sale 262 (BBG 1) on Dec. 10, giving explorers new subsurface insight as they finalize bidding strategies.
News
November 07, 2025
Petrobras will begin production from the P-78 FPSO at Brazil’s Buzios field in December, expanding output from the world’s largest deepwater oil field. The new platform adds 180,000 bopd of capacity, supporting Petrobras’s continued growth in pre-salt production.
News
November 06, 2025
Petrobras has increased production from Brazil’s massive Buzios deepwater field to 1 million bpd, reinforcing its position as a top non-OPEC oil supplier.
News
November 03, 2025
Beacon Offshore Energy has partnered with Tampnet to deploy advanced subsea fiber and 5G digital infrastructure at the Shenandoah deepwater development in the U.S. Gulf of Mexico. The system enables real-time monitoring, remote operations, and improved offshore safety.
News
October 30, 2025
SLB OneSubsea has been awarded two EPC contracts by PTTEP to deliver subsea production systems for Malaysia’s deepwater Alum, Bemban, Permai, and Kikeh fields, extending the life of key offshore assets and strengthening regional energy security.
News
October 30, 2025
Shell plc delivered adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion in Q3 2025, supported by record output from deepwater assets in Brazil and the Gulf of America and robust LNG trading results.
News
October 28, 2025
Maersk Supply Service and Maritime Developments Ltd. (MDL) have completed a complex deepwater riser installation at Brazil’s Mero field using MDL’s largest offshore spread, advancing Petrobras’ pre-salt development.
News
October 27, 2025
Weatherford and Maersk Training have partnered to launch the industry’s first all-level IADC-accredited Managed Pressure Drilling (MPD) training programs, combining advanced simulation and real-world expertise to enhance global drilling competency.
News
October 27, 2025
Halliburton signed a framework agreement with Shell to deploy its ROCS umbilical-less tubing hanger system, following successful Gulf of America trials that set a new deepwater record and reduced deck operations by 75%.
News
October 24, 2025
Tenaris has been awarded contracts to supply casing, tubing, line pipe, and coatings for Woodside’s Trion development—the first ultra-deepwater oil project in Mexico. The Trion field, developed with Pemex, targets first oil in 2028.
News
October 16, 2025
Suriname is rapidly rising as the Caribbean’s next major oil and gas hub, driven by deepwater discoveries in the Guyana–Suriname basin. The nation anticipates first production in 2028 and new investments by TotalEnergies, APA, and Petronas.
News
October 16, 2025
Equinor and partners ExxonMobil, Petrogal Brasil, and PPSA have started production from the Bacalhau field in Brazil’s Santos basin. With recoverable reserves exceeding 1 billion boe and a 220,000 bpd FPSO, Bacalhau is Equinor’s largest international project.
News
October 15, 2025
Halliburton has secured multiple contracts from Petrobras to deliver completion, stimulation, and safety valve services across Brazil’s deepwater fields. The projects, starting in 2026, will deploy Halliburton’s SmartWell® and EcoStar® technologies.
