Offshore
News
June 10, 2026
EnQuest has agreed to acquire interests in four offshore Malaysia production-sharing contracts for up to $833 million, adding approximately 57,400 boed of production and increasing group reserves by 85% as it expands its Southeast Asia portfolio.
News
June 10, 2026
Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil's Campos basin, expanding its partnership with Equinor and strengthening its exploration portfolio in one of the country's key offshore regions.
News
June 09, 2026
Spirit Energy's Morecambe Net Zero CCS project has entered the North Sea Transition Authority's Assess Phase, advancing plans to store up to 1 billion tonnes of CO₂ in depleted gas fields offshore the UK and support industrial decarbonization efforts.
News
June 08, 2026
TMC Compressors will supply marine compressed air systems for two new Van Oord subsea rock installation vessels, supporting offshore infrastructure projects with advanced DP-2 capabilities, multi-fuel engines and reduced-emissions designs.
News
June 08, 2026
Aker BP has increased its ownership stake in the Johan Sverdrup field and will receive an additional 2.2 MMboe over the next two years following a redetermination of partner interests at one of Norway's largest producing oil fields.
News
June 08, 2026
SLB OneSubsea has secured a subsea boosting contract for bp's Thunder Horse development, expanding the operator's use of standardized subsea processing technology across its deepwater Gulf of America portfolio, including Kaskida and Tiber.
News
June 07, 2026
Eni has signed a petroleum exploration, development and production agreement with The Gambia for offshore Block A1, adding 1,300 sq km of deepwater acreage in a hydrocarbon-proven region of the Atlantic margin to its exploration portfolio.
News
June 05, 2026
Sonardyne and AMOG have signed an agreement to develop an integrated subsea asset monitoring service combining underwater monitoring technology and engineering analysis to support offshore moorings, pipelines, risers and asset integrity programs.
News
June 05, 2026
BOURBON has appointed former Subsea7 executive Olivier Blaringhem as chief executive officer, effective Sept. 14, as the offshore services company continues fleet expansion and growth in key offshore markets including West Africa and Guyana.
News
June 04, 2026
The Energy NL Conference & Exhibition concluded with discussions focused on offshore development, energy security, regulatory certainty and Newfoundland and Labrador's growing role in supplying energy to global markets.
News
June 04, 2026
SBM Offshore plans to divest a 45% ownership stake in the FSO Chalchi project to NYK while retaining majority ownership. The floating storage and offloading vessel is being developed for Woodside's Trion deepwater project offshore Mexico.
News
June 04, 2026
MODEC and Eld Energy have signed an agreement to develop a 1.2-MW solid oxide fuel cell power system integrated with carbon capture technology for future FPSOs, with onshore testing targeted for 2029.
News
June 04, 2026
Velesto has secured a contract from Northern Gulf Petroleum to provide the NAGA 6 jackup rig for a drilling campaign in the Gulf of Thailand, including four infill wells and three exploration wells.
News
June 04, 2026
Expro has secured a contract extension of up to five years to provide subsea completion and intervention services in the U.S. Gulf, including deployment of its Solus shear-and-seal valve technology designed to enhance well integrity and operational safety.
News
June 03, 2026
CRP Subsea has expanded its hydrostatic testing capabilities with the installation of four new pressure vessels designed to support API 17L qualification testing and improve efficiency for subsea product validation.
News
June 03, 2026
DNV has verified the performance of Carbon Ridge's onboard carbon capture system during a pilot installation aboard a Scorpio Tankers vessel, confirming peak CO2 capture rates of up to 98% during commercial operations.
News
June 02, 2026
Subsea7 has been awarded a contract by Murphy Oil to provide engineering, procurement, construction and installation services for the String Music development, a deepwater subsea tieback to the Delta House facility in the U.S. Gulf.
News
June 01, 2026
SBM Offshore and Solstad Offshore have formed a joint venture to build a next-generation deepwater installation and construction vessel, expanding capacity to support FPSO installations and offshore infrastructure projects worldwide.
News
June 01, 2026
bp and its ACG partners have commenced the first commercial non-associated gas production at the Azeri-Chirag-Gunashli field offshore Azerbaijan, opening a new development phase with an estimated 4 Tcf to 6 Tcf of recoverable gas resources.
News
May 29, 2026
Eldorado Drilling has agreed to acquire Vantage Drilling in a transaction valued at approximately $258 million, combining offshore drilling operations and creating a larger platform focused on global rig opportunities.
News
May 29, 2026
Heli-One has opened the first Sikorsky-authorized S-92 customer support center in Brazil, expanding maintenance and overhaul capabilities for offshore oil and gas helicopter operators across South America.
