Deepwater
News
March 09, 2026
The Deepwater Development Conference in Lisbon kicks off this week as global deepwater activity accelerates, with World Oil data showing drilling in key basins expected to rise more than 20% this year. Industry leaders from Petrobras, Eni, Woodside and others will discuss the next wave of deepwater exploration, subsea technology and offshore production growth.
News
March 09, 2026
Woodside Energy has begun the drilling campaign for the Trion ultra-deepwater project in the Gulf of Mexico offshore Mexico, marking a key milestone toward first oil expected in 2028.
News
March 05, 2026
Nigeria President Bola Tinubu met with Eni CEO Claudio Descalzi to discuss deepwater development projects, including the Zabazaba-Etan fields, following the conversion of OPL 245 into new development and exploration licenses.
News
February 24, 2026
Technip Energies has secured a contract to advance the Coral Norte FLNG project offshore Mozambique, reinforcing the country’s second floating LNG development in the Rovuma basin.
Article
February
With FPSO deployment rising in nations like Brazil, there is even greater emphasis on the must-run nature of key equipment on board. For the gas turbines that help provide electrical power, as well as mechanical drive for key equipment far from shore, the critical denominator of performance and reliability is effective combustion air intake filtration.
News
February 20, 2026
Tullow Oil has signed a $205 million agreement to acquire the FPSO serving the TEN fields offshore Ghana, a move expected to reduce lease costs and improve long-term project economics on the Deepwater Tano block.
News
February 20, 2026
Ghana’s parliament has ratified license extensions for the Jubilee and TEN fields through 2040, enabling new drilling and investment plans by Kosmos Energy and partners while supporting higher oil and gas output and domestic gas supply.
News
February 18, 2026
Brava Energia has been authorized to proceed with the transfer of a 37.5% stake in Brazil’s offshore Papa-Terra field, subject to arbitration conditions and regulatory approvals including Brazil’s ANP.
News
February 17, 2026
Saipem has reached an agreement to acquire the Deep Value Driller drillship for $272.5 million, expanding its offshore drilling fleet and strengthening deepwater capabilities.
News
February 12, 2026
SLB has secured multiple offshore drilling and well services contracts from Mubadala Energy for the Tangkulo deepwater gas development offshore Indonesia, with first gas targeted by 2028.
News
February 11, 2026
MOL Group has entered Libya’s upstream sector through a joint venture with Repsol and TPAO to explore the deepwater O7 offshore block in the Mediterranean, marking its latest international expansion and strengthening North Africa exploration activity.
News
February 11, 2026
Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration, establishing a major deepwater position in the U.S. Gulf of America and adding oil-weighted production with growth to 70 MMbpd expected by 2028.
News
February 06, 2026
TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia’s offshore PEL104 exploration license, expanding its position in the Lüderitz basin as the company advances development and appraisal activities across its growing Namibia portfolio.
News
February 05, 2026
Beacon Offshore’s Shenandoah field is demonstrating how advanced engineering and production chemistry are enabling reliable output from ultra-high-pressure, deepwater reservoirs. Rapid ramp-up and stable early performance highlight new benchmarks for HPHT development in the U.S. Gulf.
News
February 03, 2026
Tenaris has secured new contracts supporting Phase 3 development of Türkiye’s Sakarya gas project, one of the Black Sea’s most technically demanding ultra-deepwater fields. The awards advance drilling, flow assurance and production infrastructure as the project moves toward scaled offshore gas output in water depths exceeding 2,000 m.
News
January 28, 2026
Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy.
News
January 23, 2026
Shell and partners are evaluating development of Nigeria’s Bonga South West deepwater oil field, a project that could attract up to $20 billion in investment and deliver peak production of 220,000 bpd from an estimated 820 million barrels of reserves.
News
January 15, 2026
TotalEnergies has partnered with BluEnergies to advance seismic reprocessing and subsurface studies across the Harper basin fan play offshore Liberia.
News
January 08, 2026
GEOLOG has acquired Quad Ltd and QO Inc., expanding its global wellsite geology, pore pressure and fracture gradient services to support complex drilling, HPHT and deepwater operations worldwide.
News
December 31, 2025
Gabon is advancing major energy-sector reforms aimed at boosting upstream investment, separating its hydrocarbons framework into new oil and gas codes and unlocking deepwater potential. Growing production, offshore exploration agreements with bp and ExxonMobil, and LNG megaprojects position Gabon as a rising player in Africa’s oil and gas landscape.
News
December 22, 2025
Harbour Energy has agreed to acquire deepwater operator LLOG for $3.2 billion, entering the U.S. Gulf and adding long-life, oil-weighted offshore assets.
