Offshore
News
March 12, 2026
Assala Energy has encountered hydrocarbons at the Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, confirming an 8-meter hydrocarbon interval in the Gamba Sandstone formation.
News
March 12, 2026
Oceânica Engenharia has secured $736 million in long-term offshore service contracts with Petrobras, covering subsea support vessels and ROV operations for inspection, maintenance and intervention work through 2031.
News
March 11, 2026
Acteon has acquired Houston-based EPC specialist Upstream Engineering, expanding its offshore engineering capabilities and strengthening its fixed platform and SURF service offerings.
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.
Webcast
Driving the Future of FPSO Performance: Digitization, Integration, and Advanced Applications
April 01, 2026
Honeywell
As FPSO projects become increasingly complex, operators and design companies are under pressure to deliver safer, smarter, and more cost efficient assets—often within compressed timelines and evolving regulatory expectations. This webinar explores how Honeywell is helping customers meet these challenges head on through advanced digital technologies, proven offshore expertise, and tightly integrated project execution methodologies.
We will highlight Honeywell’s recent contributions to major FPSO programs and demonstrate how our digitized engineering practices, integrated control and safety solutions, and next generation applications have helped customers streamline project schedules, reduce lifecycle costs, and enhance operational readiness from day one.
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.
News
February 26, 2026
Guyana President Irfaan Ali will deliver the opening address at OTC 2026 in Houston, highlighting the country’s rapid rise as a major offshore oil producer and its growing role in global offshore investment and technology development.
News
February 25, 2026
Saipem said it will not complete its planned acquisition of the Deep Value Driller drillship after the vessel’s owner decided to proceed with a sale to another buyer, and the company is now considering potential legal action to protect its interests.
News
February 25, 2026
Velesto Energy has secured a $16.5-million drilling contract from Jadestone Energy to deploy the NAGA 8 jackup for infill drilling at the East Belumut field offshore Malaysia, supporting Southeast Asia upstream activity and regional rig utilization.
News
February 25, 2026
The Philippines may consider partnering with China or other foreign investors to advance development of the stalled Reed Bank gas field in the South China Sea, as the country seeks new supply to offset declining output from the Malampaya field.
News
February 24, 2026
Murphy Oil has plugged the Caracal-1X exploration well as a dry hole offshore Côte d’Ivoire but plans to proceed with the Bubale-1X prospect in its three-well West Africa campaign.
News
February 24, 2026
Technip Energies has secured a contract to advance the Coral Norte FLNG project offshore Mozambique, reinforcing the country’s second floating LNG development in the Rovuma basin.
News
February 24, 2026
ExxonMobil says rapid production growth in Guyana is strengthening its hand in negotiations for the next generation of global oil projects as competition for reserves intensifies.
News
February 23, 2026
Seatrium expects more than S$50 million in annual cost savings after divesting non-core yards and marine assets, streamlining its offshore oil and gas portfolio by early 2026.
News
February 23, 2026
ORLEN expands its Norwegian Continental Shelf footprint with new equity in Albuskjell and Vest Ekofisk, advancing the Ekofisk-area PPF project targeting first gas in 2028.
