Offshore Magazine

The sector continues to expand despite economic and policy headwinds largely beyond its control; its inherent benefits are seeing the sector through the natural challenges of an expanding industry. Offshore …

Azule Energy has awarded contracts to Saipem and SLB OneSubsea for the West Hub Tails project offshore Angola, advancing plans to connect new subsea infrastructure and transfer production from four …

PETRONAS Carigali subsidiary PC JDA, and co-venturer PTTEP JDX Thailand, have secured approvals for a new production sharing contract (PSC) for offshore Block A-18-01 in the Malaysia-Thailand Joint Development Area …

Bruce Beaubouef, Managing Editor Major deepwater operators in the US Gulf of Mexico are electrifying more of their floating production units. The shift is often framed as a carbon-intensity story. …

United Oil & Gas (UOG) has appointed NRG Well Management to conduct a drilling rig and long-lead availability study for its Walton-Morant exploration license offshore southern Jamaica. UOG’s main focus …

ONGC has awarded L&T Energy Hydrocarbon Offshore (LTEH Offshore) an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Additional Development of Ratna-I (ADR I) and NLM-14 projects offshore …

Twenty-one E&P companies have submitted applications for Norway’s Awards in Predefined Areas (APA) 2026 round, announced on May 5. The annual APA process covers most areas already opened to exploration …

Vallourec has announced two initiatives aimed at strengthening its position in global offshore energy markets: a new agreement with Aramco to expand collaboration in Saudi Arabia and the start of …

New Fortress Energy has sold two cylindrical semisubmersible rigs it bought from Seadrill in 2022 for demolition, closing a four-year effort to convert the units into floating LNG liquefaction plants. …

The find is the 20th discovery in Block 15 over the past 30 years and the third in the block in the last four years. Block 15, one of Angola’s …

ABS has issued a Basic Design Review (BDR) certification to Hanwha Ocean for a standardized FPSO design developed for the South American and West African deepwater market, alongside related sustainability …

TotalEnergies has announced a new oil discovery on Angola's Block 17 and signed agreements to acquire operated interests in two additional exploration blocks in the Lower Congo Basin. The newly …

Saipem and Jan De Nul have signed a letter of intent (LOI) with ExxonMobil Moçambique Limitada, acting on behalf of Mozambique Rovuma Venture (MRV) and its Area 4 partners, for …

Odfjell Drilling has received a letter of award from Vår Energi for the use of the Deepsea Bergen semisubmersible rig under a three-year contract scheduled to begin in early 2028. …

The European Commission has paused its Phase II antitrust investigation into the proposed merger of Italian energy services group Saipem S.p.A. and Luxembourg-based Subsea7 S.A., stopping the regulatory clock while …

As reported by Reuters, the agreement was signed in Accra on September 1, 2026, at the opening of Africa Oil Week. It provides a framework for further technical and commercial …

TotalEnergies said Monday that it has cleared the last major commercial hurdles on the Papua LNG project and is now positioning the long-delayed project for a final investment decision, after …

Amplitude Energy has proven gas with its Juliet-1 exploration well in the Otway Basin, offshore Victoria. The semisubmersible Transocean Equinox drilled the well in the VIC/L24 permit, close to the …

EnQuest PLC is interested in acquiring bp’s UK North Sea oil and gas business, chief executive Amjad Bseisu told CNBC on September 3, 2026. Asked directly whether the company wanted …

Petronas, via Malaysia Petroleum Management, has appointed Iraya Energies to provide Agentic AI capabilities. These will support Petronas’ web-based myPROdata service, which offers access to subsurface and surface data concerning …

GOE Petrol Sanayi has contracted Saipem to perform commissioning services for the Osman Gazi Floating Production Unit, for the Phase 3 development of Turkish Petroleum’s Sakarya gas field in the …

CIMC Raffles has completed the hull of Petrobras FPSO P-84 at its Yantai yard, a milestone in one of Brazil’s largest new floating production units and in Petrobras’s push toward …

Ventura Offshore Holding has entered an agreement with Eldorado Drilling to perform marketing and operations management services for the ultradeepwaer drillship Deep Value Driller. In addition, Ventura Offshore has signed …

Eni has awarded McDermott a wide-ranging subsea contract covering the production facilities for the Cronos gas field development in Block 6 offshore southern Cyprus. McDermott will provide project management, engineering, …

Shearwater Geoservices and SLB have launched the Amapá 3D multi-client seismic survey to expand seismic coverage across northern Brazil's underexplored Equatorial Margin. The survey area offshore Amapá lies about 130 …

Long-term growth in offshore wind will depend not only on technological advances, but also on the industry's ability to lower costs, reduce risk and create more predictable investment environments. As …

Why is offshore different? Offshore assets may operate for years without access to shore-based infrastructure or waste reception facilities. Water and waste systems must therefore be designed to accommodate limited …

California Attorney General Rob Bonta and the California Energy Commission have filed a federal lawsuit challenging a US Department of the Interior agreement that canceled a planned 2-gigawatt floating offshore …

Eni has signed, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, the official agreement for the entry in the OFF-5 exploration block …

The subsea sensor is a self-powered, externally mounted smart clamp that harvests thermal energy directly from the pipeline and eliminates the need for batteries, cables or pressure penetrations. The technology …

Are cycle times improving? Looking at the offshore oil and gas project market since 2014, the honest answer is not a single “yes” or “no.” Industry-wide, discovery-to-production lead times have …

Valeura Energy has decided to advance redevelopment of the Wassana Field in Block G10/48 in the Gulf of Thailand. Production currently comes from a mobile offshore production unit (MOPU), which …

BW Energy and Chariot will provide technical and operating support under the $250-million agreement, which will be funded by a debt facility provided by Shell Western Supply and Trading. The …

Ørsted, Global Wind Service and Acta Marine have reported key project milestones across Europe, including the start-up of Germany's 913-MW Borkum Riffgrund 3 wind farm, turbine pre-assembly activities for the …

Serica Energy has awarded Wood an engineering, procurement, construction and commissioning framework contract to support the life extension of the Bruce platform in the UK northern North Sea over a …

Michel: RWE’s approach has evolved from a focus on project-specific maintenance activities for our offshore wind farms to a fleet-wide, long-term asset management model. Maintenance campaigns offshore are increasingly delivered …

bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil; and a 30% stake in five …

Harbour Energy subsidiary LLOG Exploration Co. has awarded Subsea7 a contract covering fabrication and installation services for the Who Dat East development in the US Gulf. The Who Dat East …

Turkiye’s National Renewable Energy Roadmap calls for wind and solar to reach 120 GW by 2035, and offshore wind is part of that plan. Offshore projects are expected to start …

Windram: One of the clearest lessons is probably how important discipline is from the early stages of a project. Successful projects will be determined well before a project reaches FID …

Woodside Energy and PEMEX have signed a non-binding memorandum of understanding (MoU) to jointly assess future opportunities for exploration and production of hydrocarbons in the deepwater Gulf of Mexico. The …

The European Investment Bank has commissioned a feasibility study for a development of the first wind farm offshore Morocco. The project has support from the Moroccan Agency for Sustainable Energy …

EnQuest is progressing an enhanced oil recovery (EOR) project at the Kraken Field in the East Shetland Basin in the UK northern North Sea, according to the company’s latest results …

Tetragon Energy has upgraded prospective resources of its Halcon gas prospect offshore the Philippines from 2.6 Tcf to 8 Tcf recoverable. This follows evaluation of available seismic data over the …

TotalEnergies has completed a transaction with Galp concerning three licenses offshore Namibia. Under the arrangement, TotalEnergies gains from a 40% operated interest in the PEL83 license, which contains the Mopane …

Expro and partner Evoilve have released SafeWells V5, a digital service designed to support operational assurance and decision-making throughout the well lifecycle. The service, which includes well integrity surveillance and …

Samp’s AI-driven Shared Reality service is designed to convert “reality-capture” data, such as laser scans, into structured asset information, connecting physical structures in the field with engineering data such as …

Baker Hughes will provide offshore stimulation services to support bp’s UK North Sea operations. The award covers both new development wells and enhanced recovery from mature fields. Baker Hughes will …

ABS and Japan Blue Energy (JB Energy) have signed a memorandum of understanding (MoU) to support development of the proposed Aura Sul Wind Project, a floating offshore wind pilot planned …

Proserv has secured a contract from Equinor to deploy its Electro Cable Guard (ECG) monitoring technology at the 402-MW Dudgeon Offshore Wind Farm off the Norfolk coast, with deployment scheduled …