Offshore
News
October 09, 2025
Chevron is preparing to drill the Korikori-1 exploration well this month, according to Suriname's state-owned oil company Staatsolie. Drilling is expected to last around 90 days and will target potential hydrocarbon accumulations in the shallow offshore zone of the Suriname-Guyana basin.
News
October 09, 2025
bp has started up production from the Murlach field in the UK North Sea—its sixth major upstream project of 2025. The two-well subsea tieback adds about 15,000 boed in peak output to the ETAP hub, advancing bp’s plan to deliver 10 new oil and gas projects by 2027.
News
October 08, 2025
Shell is preparing to restart development work on Venezuela’s offshore Dragon gas field, a key step toward resuming natural gas exports to Trinidad and Tobago, pending U.S. authorization expected in the coming weeks.
News
October 08, 2025
ABB will deliver automation and electrification systems for SwitcH2’s floating green ammonia FPSO off Portugal, designed to produce 243,000 tons annually from renewable power.
News
October 07, 2025
Allseas has awarded Able Group contracts to dismantle, reuse, and recycle two of TAQA UK’s most significant North Sea platforms — Cormorant Alpha and Tern — marking one of the largest decommissioning projects ever undertaken in the region.
Article
September 2025
Innovative chemistry and customized approaches can overcome critical challenges, from severe corrosion in high-stress environments to sudden and unexpected scale formation in high-temperature “dry” production wells, extending equipment life and ensuring production reliability, even in the most demanding environments.
News
October 06, 2025
Forum Energy Technologies (FET) has secured a contract from long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and tether management system to support subsea operations offshore Brazil.
News
October 03, 2025
Transocean Ltd. has announced new contract fixtures totaling $243 million in firm backlog for two ultra-deepwater drillships. bp exercised a 365-day option for the Deepwater Atlas in the U.S. Gulf, while Petrobras exercised a 30-day option for the Deepwater Mykonos offshore Brazil.
News
October 03, 2025
QatarEnergy has signed an agreement with Shell to acquire a 27% participating interest in the North Cleopatra offshore block in Egypt’s Herodotus Basin. Pending government approval, Shell will remain operator with 36%, alongside Chevron (27%) and Tharwa Petroleum (10%).
News
October 03, 2025
Angola’s National Oil, Gas & Biofuels Agency (ANPG) aims to award 60 oil and gas concessions by the end of 2025, building on 50 already allocated since 2019 through licensing rounds and direct negotiations.
News
October 02, 2025
Eni has approved the $7.2 billion Coral Norte floating LNG project offshore Mozambique, which will add 3.6 million tons per year of LNG capacity and double the country’s production. Set to start in 2028, Coral Norte positions Mozambique as Africa’s third-largest LNG producer after Nigeria and Angola.
News
October 02, 2025
TotalEnergies has signed a farm-down agreement with CarbonVault for Denmark’s Bifrost Carbon Capture and Storage project in the North Sea, holding a 45% operator stake alongside CarbonVault (35%) and Nordsøfonden (20%).
News
October 02, 2025
SLB and SBM Offshore have entered an exclusive digital alliance to develop an AI-driven ecosystem aimed at optimizing FPSO production. The partnership combines SLB’s digital platforms and domain expertise with SBM Offshore’s lifecycle knowledge.
News
October 02, 2025
EnerMech has secured a subsea pre-commissioning contract for a major offshore gas project in Australia’s East Browse basin, covering riser and umbilical services from October 2025 to April 2026.
News
October 01, 2025
Rhino Resources Namibia Ltd. has confirmed a significant gas condensate discovery at the Volans-1X exploration well in Block 2914A, offshore Namibia’s Orange basin. The find represents the company’s third consecutive hydrocarbon discovery on Petroleum Exploration License 85 (PEL 85).
News
September 30, 2025
Equatorial Guinea has signed a Heads of Agreement (HOA) with ConocoPhillips to develop offshore Blocks B/4 and EG-27, a deal expected to unlock up to $9 billion in investment and support the country’s ambition to expand its role as a regional gas processing hub.
News
September 30, 2025
DeepOcean has secured a SIMOPRO offshore installation contract from Equinor on Norway’s Åsgard and Visund fields. The scope includes riser replacement, umbilical installations, and subsea infrastructure work, with operations planned for summer 2026 using the Edda Freya vessel.
News
September 29, 2025
Operator LLOG Exploration has achieved first production at the Salamanca Floating Production Unit in the deepwater U.S. Gulf. The facility, located in 6,400 ft of water, marks the first reuse of a former Gulf production unit repurposed for new development.
News
September 29, 2025
bp has reached a final investment decision on the $5 billion Tiber-Guadalupe development, advancing its second new production hub in the U.S. Gulf of America/Gulf of Mexico in less than two years.
News
September 26, 2025
Motive Offshore Group has acquired Norway-based Weld Integrity Group, strengthening its Certification & Inspection division and expanding non-destructive testing (NDT) and inspection services in the offshore Norway region.
