Offshore
News
November 03, 2025
ABL has been awarded a contract by Chevron to provide marine warranty survey and third-party support for platform installations and rig moves in the Gulf of Thailand.
News
November 03, 2025
Shell will invest about $1 billion on new oil blocks in Angola as the southern African nation seeks to boost production that’s dwindled over the years, the chairman of the oil regulator said.
Article
October 2025
This major contract award to Allseas is another milestone in TAQA’s North Sea decommissioning strategy. Removal of the 33,000-tonne topside and 12,000-tonne upper jacket will be carried out by the world’s largest heavy lift vessel.
News
October 30, 2025
North Sea crude exports are set to reach their highest level since 2017, with December loadings forecast at 2.1 million bpd. Rising output from Johan Castberg and other key fields adds to a global oil supply glut expected to pressure prices into 2026.
News
October 30, 2025
SLB OneSubsea has been awarded two EPC contracts by PTTEP to deliver subsea production systems for Malaysia’s deepwater Alum, Bemban, Permai, and Kikeh fields, extending the life of key offshore assets and strengthening regional energy security.
News
October 30, 2025
DeepOcean has been selected to deliver a major subsea decommissioning project offshore Western Australia, including the suspension of subsea trees, removal of flowlines, umbilicals, and a disconnectable turret-mooring buoy. The 2026 campaign will be managed from Perth, leveraging Shelf Subsea’s regional expertise.
News
October 30, 2025
bp is advancing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos basin offshore Brazil, confirming a 1,000-meter gross hydrocarbon column with high-quality oil and liquids-rich gas condensate. The company expects appraisal activities to begin in early 2027.
News
October 30, 2025
Shell plc delivered adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion in Q3 2025, supported by record output from deepwater assets in Brazil and the Gulf of America and robust LNG trading results.
News
October 29, 2025
Subsea Supplies has expanded its Aberdeen base and signed an exclusive UK/European distribution and service agreement with Innerspace for its full line of electric and hydraulic thrusters, strengthening subsea support and regional supply capabilities.
News
October 29, 2025
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 7018/5-2 in production license 1236, located in the Barents Sea. The exploration well will be operated by Equinor with partners Vår Energi and Petoro.
News
October 29, 2025
The Trump administration is ruling out plans to auction offshore oil and gas leases along the U.S. East Coast, scaling back its proposed five-year leasing program after opposition from coastal states and environmental groups.
News
October 28, 2025
Maersk Supply Service and Maritime Developments Ltd. (MDL) have completed a complex deepwater riser installation at Brazil’s Mero field using MDL’s largest offshore spread, advancing Petrobras’ pre-salt development.
News
October 27, 2025
Weatherford and Maersk Training have partnered to launch the industry’s first all-level IADC-accredited Managed Pressure Drilling (MPD) training programs, combining advanced simulation and real-world expertise to enhance global drilling competency.
News
October 27, 2025
Halliburton signed a framework agreement with Shell to deploy its ROCS umbilical-less tubing hanger system, following successful Gulf of America trials that set a new deepwater record and reduced deck operations by 75%.
News
October 24, 2025
Tenaris has been awarded contracts to supply casing, tubing, line pipe, and coatings for Woodside’s Trion development—the first ultra-deepwater oil project in Mexico. The Trion field, developed with Pemex, targets first oil in 2028.
News
October 24, 2025
Delfin Midstream has awarded Samsung Heavy Industries the exclusive EPCI contract for its first floating LNG vessel under the Delfin LNG project offshore Louisiana. The LOA paves the way for a 2025 final investment decision and a second vessel FID in early 2026.
News
October 23, 2025
Velesto Energy and ICON Engineering have signed an agreement to deliver rig-installed wellhead platforms for offshore Malaysia. The collaboration merges drilling and platform installation in one campaign — cutting costs, accelerating timelines, and expanding Malaysia’s offshore development capabilities.
News
October 23, 2025
Baker Hughes has been named the winner of the fourth annual NOIA ESG Excellence Award, recognizing its leadership in offshore sustainability, data-driven emissions reduction, and responsible energy operations across more than 3,000 wells worldwide.
News
October 22, 2025
Brazil’s latest oil auction signaled a revival in offshore exploration, with Petrobras, Equinor, and Chinese firms among the winners. The pre-salt round saw five of seven blocks awarded, underscoring renewed deepwater interest despite soft crude prices and cautious global spending.
News
October 22, 2025
Aker BP reported strong results with 414,000 boed production, robust cash flow, and a major Omega Alfa discovery in Norway’s Yggdrasil area. The find ranks among the largest on the Norwegian Continental Shelf in a decade and supports long-term offshore growth.
News
October 21, 2025
A consortium led by DeepOcean — including TotalEnergies, Equinor, Aker BP, Tenaris, and LS Cable & System — has developed FlowHeat, a subsea pipeline heating system that reduces installation costs by 35% and emissions by 30%, extending tieback reach to 30–50 km in deepwater projects.
