Offshore
News
May 25, 2026
Ammat Global Resources is increasing production from Congo’s mature Loango and Zatchi offshore fields through workovers, subsea upgrades and brownfield optimization efforts aimed at extending the life of legacy offshore assets.
Article
May
Upstream electrification continues to progress apace, as it helps to provide simplification of systems, reliability of operations and cost reductions in the field, says Baker Hughes executive Rodrigo Farias.
News
May 22, 2026
Subsea7 has secured a substantial offshore Norway contract from Vår Eneri for the Goliat Gas Export Project in the Barents Sea, including pipeline installation and subsea infrastructure work tied to the Hammerfest LNG system.
News
May 22, 2026
Unity has secured new North Sea well decommissioning and well intervention contracts as the Aberdeen-based company expands its offshore well integrity and plugging-and-abandonment operations internationally.
Article
May
After a long period in the regulatory “wilderness,” East Canada’s Nova Scotia province looks to make up for lost time in developing its oil and gas potential.
Article
May
In his newest column, World Oil Editor-in-Chief Kurt Abraham examines OTC 2026’s continued attendance decline, concerns over the exhibition floor and why rising U.S. oil production is strengthening America’s geopolitical leverage.
News
May 21, 2026
Weatherford has secured a deepwater integrated completions contract from ExxonMobil affiliate Esso Exploration & Production Nigeria to support offshore Nigeria well construction and completions operations.
News
May 21, 2026
Equinor and Aker BP have agreed to align portions of their Norwegian Continental Shelf portfolios through a series of offshore asset transactions aimed at accelerating developments and increasing long-term production.
News
May 21, 2026
Oceaneering has secured an integrated offshore installation contract for the West Delta Deep Marine gas field development offshore Egypt, including subsea umbilical refurbishment, TCP flowline installation and ROV services.
News
May 21, 2026
TotalEnergies is expanding its Angola offshore strategy through deepwater developments, frontier exploration and brownfield optimization projects, including the Kaminho development and new exploration blocks in the Benguela and Namibe basins.
News
May 20, 2026
BW Energy has approved the Bourdon offshore development in Gabon and new Golfinho infill wells offshore Brazil, targeting production growth above 100,000 bopd by 2028.
News
May 20, 2026
Aquaterra Energy has moved its Recoverable Abandonment Frame system into fabrication for the Northern Endurance Partnership CCS project, targeting safer management of legacy offshore wells at future CO2 storage sites.
News
May 20, 2026
bp has signed three production sharing contracts in Indonesia, expanding its upstream portfolio near the Tangguh LNG project in Papua Barat and adding participation in the Barong block offshore East Java.
News
May 19, 2026
CoreMarine and Vår Energi are advancing long-term digital integrity management efforts on the Goliat FPSO through renewal of the CoreIntegrity platform for offshore mooring and asset monitoring operations.
News
May 18, 2026
McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as the offshore engineering contractor cited strong project execution and continued operations amid Middle East market uncertainty.
News
May 18, 2026
Eco Atlantic has secured court approval for its proposed acquisition of JHI Associates, advancing plans to acquire a 35% interest in the PL001 offshore Falkland Islands license operated by Navitas Petroleum.
Article
April
This year’s winners feature 17 technologies covering a wide swath of exploration, drilling and production applications.
News
May 15, 2026
FutureOn has launched FieldTwin Operate, a digital twin platform designed to integrate engineering, inspection and operational data into a unified geospatial environment for subsea offshore assets.
News
May 15, 2026
Velesto Energy has secured its first asset-light offshore drilling contract from Hibiscus Oil & Gas Malaysia, covering jackup rig services for plug and abandonment and exploration wells offshore Malaysia.
News
May 15, 2026
Perenco UK has restarted production from the Davy gas field in the Southern North Sea after more than five years offline, bringing approximately 14 MMscf/d back into production through the Bacton terminal.
News
May 14, 2026
Decom Engineering has appointed Keith McDermott as chairman as the company expands its offshore decommissioning, subsea engineering and industrial cutting technology operations across global energy markets.
