The Offshore Technology Conference (OTC) has announced the winners of the 2026 Spotlight on New Technology Award, celebrating “the boldest advances shaping the future of offshore energy.” OTC says that …
Offshore Magazine
Latest maritime news from Offshore Magazine 50 articles shown
Recent Articles
Global OTEC has installed a renewable energy floating platform prototype at a test site offshore the Canary Islands. The technology is designed to deliver continuous renewable energy by exploiting the …
Leasing momentum and new seismic revive long‑term upside Limited FID potential notwithstanding, early-stage green shoots may be emerging elsewhere. To this end, the first GoA lease sales in two years …
Tullow Oil and its partners plan to introduce riser-based gas lift next year for the western side of the deepwater Jubilee Field offshore Ghana, according to the company's full-year 2025 …
Block Energy has a conditional agreement with Pilgrim Exploration for an investment associated with the Ndjila and Mpari production sharing contracts (PSCs) offshore Gabon. The two contiguous offshore licenses span …
Beach Energy has taken delivery of the Transocean Equinox semisubmersible rig for a second campaign of work offshore southeastern Australia. At present, the rig is performing a well intervention at …
The self-elevating, heavy-lift six-legged jackup vessel had sailed from its dedicated yard at Vlissingen-Oost in the southern Netherlands. It will remove the Pickerill A and Pickerill B jackets and then …
At Noble, virtual reality has been integrated into a broader digital training and performance framework designed to support safety, operational consistency and asset performance across local offshore operations. The emphasis …
UH’s contribution centers on its Repurposing Offshore Infrastructure for Continued Energy (ROICE) program, which received $1.3 million over five years to provide techno‑economic analysis and workforce development. Launched in 2022, …
Valeura Energy is taking the jackup Shelf Drilling Enterprise on a three-year charter for operations offshore Thailand. The company retains an option on the start date but expects the rig …
VAALCO Energy has achieved the first milestone of its latest drilling campaign offshore Gabon, according to the company's latest operations update. The Etame 14H development well, drilled and completed in …
Apache North Sea has awarded Well-Safe Solutions a multi-year contract to decommission the Forties Field platform wells and subsea wells in the central UK North Sea. bp was the original …
Operators across offshore oil, gas and wind are under pressure to improve safety, control costs and manage workforce availability, especially in mature basins and remote developments. As digital tools, new …
Seadrill has secured two new contract awards in the US Gulf of Mexico for its West Neptune and West Vela ultradeepwater drillships, adding about $260 million to the company’s contract …
The National Ocean Industries Association (NOIA) has named SLB and Oceaneering as the 2026 recipients of its annual Safety in Seas Awards, recognizing leadership and innovation in offshore safety performance. …
At the core of the system is an intelligent tong (iTONG) capable of executing and verifying connection make-up autonomously. The system can be operated remotely from the driller’s chair or …
Rhino Resources reported that it has contracted the deepwater Saipem 12000 drillship to drill an appraisal well on the light oil Capricornus discovery in the Orange Basin offshore Namibia. The …
Shearwater Geoservices has found a buyer for the 2012-built streamer vessel SW Baret (ex-Polarcus Adira), which has been in lay-up since 2012. Following completion of the sale to the undisclosed …
TAQA UK has marked 30 years of oil production from the Harding Field platform in the UK central North Sea. bp, the field’s original developer, commissioned the jackup platform, with …
Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. have signed a definitive agreement to combine in an all-stock transaction to create a “premier integrated offshore services company.” The …
Santos has completed removal of the Harriet Alpha offshore production platform offshore Western Australia, according to the company's recent quarterly report. The facility, which was installed in 1986, was shut …
The decline in the US GoM rig count has been steep and striking — dropping from triple-digit levels to consistently in the teens over the past couple of decades. This …
Steep production declines facing the world's 30 largest E&P companies are driving renewed investment in ultradeepwater frontier exploration, according to analysis by Wood Mackenzie. The upstream industry overall faces a …
Petrobras has agreed to farm in as operator of Block 3, offshore São Tomé and Príncipe, West Africa. Subject to government approvals, the company will hold a 75% interest in …
ADES Holding will provide three of its premium jackups for development drilling offshore Nigeria, under a three-year contract from West African Exploration & Production (WAEP), part of the Dangote Group. …
The restart In March 2026, the Trump administration invoked the Defense Production Act (DPA), with Energy Secretary Chris Wright issuing a formal order on March 13 directing Sable to restart …
Historically, DP units have not been permitted to carry out these functions in shallow water because the critical well components can be overloaded very quickly, leaving insufficient time to activate …
A blowout preventer (BOP) has fallen to the seafloor during running operations onboard the sixth-generation Deepsea Atlantic semisubmersible rig. The rig is understood to be contracted for development drilling for …
A Massachusetts judge has temporarily blocked turbine manufacturer GE Vernova from pulling out of the Vineyard Wind offshore project, ruling that replacing the company at this late stage would be …
ABS has awarded the ONE GUYANA FPSO, built and operated by SBM Offshore, the SUSTAIN-1 notation. This confirms that the FPSO complies with the requirements in ABS’ vessel sustainability program, …
OKEA has agreed to transfer its 20% interest in license PL1119 in the southern Norwegian Sea to Japex Norge for $30 million, subject to government approvals. The license contains the …
Eni has made a large gas-condensate discovery in the Kutei Basin offshore Indonesia. The Geliga‑1 exploration well, drilled in 2,000 m of water on the Ganal Block, 70 km offshore …
EXMAR has embarked on the conversion of a dual-fuel diesel electric membrane LNG carrier to a new floating storage regasification unit (FSRU). This will be deployed to support expansion of …
You'll need free site-access membership to download the high-resolution map. If you are not already a registered website user, you can sign up for free. EndeavorB2B’s MAPSearch supported the Offshore …
Working with ARGON Measuring Solutions, Smulders embedded laser‑tracker‑based measurement systems directly into production workflows for flange geometry and secondary welding activities. The approach shifts measurement from a final inspection step …
The Lac Da Vang (LDV) project, sanctioned in late 2023, is on track for first oil in the fourth quarter. The initial phase is designed to recover 100 MMboe from …
By Maëlig Gaborieau, Spinergie Global offshore wind capacity reached about 40 GW in 2025 (excluding China), yet almost all installed turbines rely on fixed-bottom foundations such as monopiles or jackets. …
Across the Gulf, companies are finding new ways to improve performance from assets already in place. Existing hubs are being optimized. Tiebacks are being developed with greater precision. Maintenance strategies …
Van Oord has completed installation of the 78 monopile foundations and 76 transition pieces for the Baltic Power wind farm offshore Poland. The development, a joint venture between ORLEN and …
Prosafe expects Ithaca Energy to confirm a contract for mid-year for the semisubmersible accommodation vessel Safe Caledonia to work in the UK North Sea. Currently the vessel is in lay-up …
Drillship contracts and rig move partnerships signal steady offshore activity in the eastern Mediterranean and Egypt. Stena Drilling, Transocean ink contracts for drillships in eastern Mediterranean Sea Energean, on behalf …
Offshore: Ocean‑bottom node (OBN) seismic and other high‑resolution imaging tools have transformed subsurface decision‑making. What are the most meaningful advances you’ve seen in OBN technology, and how has better data …
Jadestone Energy has signed a gas sales and purchase agreement (GSPA) covering production from the shallow-water Nam Du / U Minh gas discoveries offshore Vietnam. CEO T. Mitch Little said …
Fugro has commissioned a new remotely operated vehicle (ROV) test pool in Singapore. This is designed to provide a controlled environment for engineers to perform functional testing, system integration, calibration …
TGS is spearheading two new exploration initiatives offshore West Africa. The company has started work on a 19,500-sq km, 2D-cubed project over a deepwater area offshore Côte d’Ivoire, in partnership …
Two North Sea operators have awarded Cyan Sentinel multi-role vessel (MRV) contracts worth a combined value of £36.5 million (US$49.06 million). The Cygnus Sentinel will continue to operate at the …
Vår Energi expects to sanction up to eight new development projects offshore Norway this year, according to the company's latest quarterly results report. The company has already submitted plans for …
In the unforgiving environment of offshore wind, where turbines taller than skyscrapers face salt, storms, and scrutiny, contracts are meant to serve as both blueprint and life raft. Yet the …
Israel’s Ministry of Energy and Infrastructure has authorized Energean to safely re-start gas production and operations at its Energean Power FPSO unit in the eastern Mediterranean. The facility, which had …
Eni North Africa and National Oil Corporation (NOC) have discovered more gas on Contract Block D offshore western Libya. Exploration well J1-4/16 was drilled at a location 95 km, and …
Stay Updated with Offshore Magazine
Never miss important maritime news from Offshore Magazine. Set up personalized alerts or search for specific topics to stay informed about industry developments.