Offshore
News
March 11, 2026
Guyana is advancing a 25,000-sq-km offshore multi-client seismic survey supported by Viridien to improve subsurface data, de-risk exploration and support future licensing rounds in the Guyana basin.
News
March 11, 2026
Viridien has launched a new seismic reimaging project covering roughly 9,000 sq km of 3D data in India’s offshore Mahanadi basin, aiming to improve subsurface imaging and unlock new exploration opportunities.
News
March 11, 2026
TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio.
News
March 10, 2026
World Oil/Gulf Energy Information’s Deepwater Development Conference got off to a roaring start in Lisbon on March 10, featuring an operator’s panel, two solo speakers, and a case studies/lessons learned session. The participants represented a wide mix of operators, service companies and a market analyst.
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 09, 2026
Borr Drilling said it has down-manned three jackup rigs in Qatar and the UAE following escalating hostilities in the Arabian Gulf, while another rig was shut down after an incident on a customer-operated platform.
News
March 06, 2026
Petrobras reported net income of $19.6 billion in 2025 as oil and gas production increased 11% to nearly 3 MMboed, supported by new FPSOs in Brazil’s Búzios and Mero fields.
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
March 05, 2026
Hanwha Ocean has secured a fabrication contract from Chevron Mediterranean for expansion modules at the Leviathan offshore gas field in Israel, supporting increased production capacity.
News
March 05, 2026
Acteon has delivered the first MHU4400S hydraulic hammer system to Heerema Marine Contractors, supporting offshore foundation installation and pile-driving operations under a multi-million-pound supply agreement.
News
March 04, 2026
Oceaneering has introduced the Momentum electric propulsion work-class ROV, designed for extended subsea operations and reduced maintenance while supporting drilling, inspection, maintenance and repair (IMR), and construction activities.
News
March 04, 2026
The UK government has postponed plans to scrap the North Sea Energy Profits Levy after oil prices surged amid the Iran conflict, leaving producers facing the 78% tax regime for longer than expected.
News
March 04, 2026
North Sea operators are urging the UK government to replace the Energy Profits Levy with a new fiscal framework, saying tax reform could unlock up to £50 billion in investment and strengthen domestic oil and gas production.
News
March 04, 2026
Kongsberg Maritime, Seadrill and Hanwha Drilling have formed an alliance to develop remote dynamic positioning (DP) technology aimed at improving safety, automation and operational efficiency for offshore drilling rigs.
News
March 04, 2026
Equinor and Hydromea have demonstrated the first real-time subsea wireless data transmission from the seabed directly to cloud infrastructure, marking a major step toward autonomous subsea operations and digital offshore asset monitoring.
News
March 03, 2026
Subsea7 has named Seaway7 CEO Stuart Fitzgerald as its next chief executive, succeeding John Evans upon his retirement in June 2026, as the offshore engineering firm prepares for its planned merger with Saipem.
News
March 02, 2026
INPEX will acquire the remaining 49% stake in its South West Caspian subsidiary, consolidating full ownership of its interest in Azerbaijan’s offshore Azeri-Chirag-Gunashli (ACG) oil development.
News
March 02, 2026
The U.S. Bureau of Ocean Energy Management (BOEM) has released five legacy 3D seismic survey datasets covering portions of the Beaufort Sea, expanding public access to offshore Arctic geologic data that could support future exploration and energy planning in Alaska’s Outer Continental Shelf (OCS).
News
March 02, 2026
OceanPact and CBO will combine to form a 73-vessel offshore support fleet in Brazil, strengthening oilfield services, subsea and decommissioning capabilities.
News
February 26, 2026
UK officials are holding talks with North Sea oil and gas producers on potentially ending the Energy Profits Levy before its 2030 expiry, as policymakers weigh investment, energy security and jobs against climate and fiscal priorities.
