Offshore
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.
Article
May
Following investigation of financial performance in Lower Tertiary subsea developments (Part 1), Part 2 examines why development architecture—rather than reservoir quality—has constrained recovery, and why a new approach is required.
News
May 29, 2026
SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031.
News
May 29, 2026
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies.
News
May 28, 2026
Aberdeen-based Rovtech Solutions is expanding its offshore energy robotics technology into maritime defense markets through a new partnership focused on subsea infrastructure protection, mine countermeasures and autonomous naval operations.
News
May 28, 2026
Reform UK Deputy Leader Richard Tice promoted expanded North Sea drilling and lower energy costs during a meeting with major energy companies, highlighting growing political pressure on the UK’s net zero and energy transition policies.
News
May 28, 2026
DeepOcean has secured multiple Equinor subsea contracts offshore Norway, including riser replacement work at Visund and subsea tieback installation for the Isflak discovery near the Johan Castberg FPSO in the Barents Sea.
News
May 27, 2026
Strohm has secured its first offshore Egypt contract to supply a thermoplastic composite pipe flowline for the West Delta Deep Marine gas development, supporting subsea infrastructure upgrades in nearly 600 m of water.
News
May 27, 2026
Trident Energy is expanding its offshore Congo portfolio through redevelopment of mature oilfields, applying operational strategies previously used to increase production and extend asset life in Equatorial Guinea.
