Offshore
News
June 23, 2026
The Republic of Congo is advancing LNG expansion, deepwater oil developments and energy sector reforms as operators including Eni, TotalEnergies and Trident Energy move forward with projects aimed at boosting production and attracting investment.
News
June 23, 2026
Azule Energy has reached final investment decision on the Greater PAJ project offshore Angola, the country's first integrated cross-block development. The project will develop five fields through a new FPSO with 95,000 bpd production capacity and is targeting first oil in 2029.
News
June 22, 2026
Murphy Oil has announced an oil discovery at the Bubale-1X exploration well in Block CI-709 offshore Côte d'Ivoire, encountering 100 ft of net oil pay across two reservoirs. The company plans additional evaluation drilling in the second half of 2026.
News
June 22, 2026
TechnipFMC has been awarded a significant contract by Azule Energy to supply flexible flowlines and risers for the Greater PAJ development offshore Angola. The project will connect deepwater wells in nearly 2,000 m of water to a new floating production unit.
News
June 22, 2026
An appraisal well has confirmed the Carmen gas-condensate discovery offshore Norway, with recoverable resources estimated at up to 107 MMboe. Partners are now evaluating tieback development options and additional drilling in the North Sea.
News
June 22, 2026
Perenco has advanced the Su Tu Trang Phase 2B development offshore Vietnam with a new gas sales agreement, paving the way for a project expected to deliver more than 600 Bcf of natural gas and support the country's growing energy needs.
News
June 22, 2026
Tampnet has been awarded contracts to provide subsea fiber and 5G connectivity for two deepwater developments in the U.S. Gulf. The projects are part of a broader network expansion that will add 400 km of subsea fiber infrastructure and increase offshore digital connectivity across the region.
News
June 19, 2026
Two years after first oil, Woodside is weighing a Sangomar expansion that could add 250 MMbbl of recoverable resources and further strengthen Senegal's position as one of West Africa's fastest-growing offshore producers.
News
June 19, 2026
Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field offshore Thailand, including its first multi-lateral well and a record-setting horizontal lateral, increasing production to approximately 10,500 bopd.
News
June 18, 2026
Vantage Drilling shareholders have approved the company's proposed merger with Eldorado Drilling, marking a key milestone as the offshore drilling transaction moves closer to completion.
News
June 18, 2026
Bilfinger and Schneider Electric have successfully deployed an autonomous offshore buoy in the North Sea, completing 1,000 hours of unmanned operation while providing renewable-powered control for subsea tieback systems.
News
June 18, 2026
DeepOcean has been awarded a contract by bp to support decommissioning activities at the Foinaven field West of Shetland, including the removal of subsea risers, umbilicals and associated infrastructure from the former FPSO location.
News
June 18, 2026
Vår Energi has approved the Balder Next New Wells project in the North Sea, a seven-well development targeting 86 MMboe of reserves and supporting long-term production growth through the Jotun FPSO hub.
News
June 17, 2026
Transocean has secured approximately $185 million in new contract backlog after winning offshore drilling work for the Transocean Norge in Norway and the Transocean Equinox in Australia, extending utilization of its harsh-environment semisubmersible fleet.
News
June 17, 2026
Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex offshore Equatorial Guinea to Panoro Energy for approximately $127 million, using proceeds to reduce debt and focus capital on higher-return assets.
News
June 16, 2026
Chevron has acquired a 70% stake and operatorship in Greece's offshore Block 10 concession, expanding its Eastern Mediterranean exploration portfolio and strengthening its partnership with HELLENiQ ENERGY.
News
June 16, 2026
MOL Group, Repsol and TPAO have signed a production sharing agreement for Libya's offshore O7 block in the Mediterranean Sea, advancing plans for seismic acquisition and deepwater exploration drilling in the North African country.
News
June 15, 2026
Longitude has launched a new real-time FPSO mooring line monitoring platform that combines predictive analytics and integrity management tools, securing its first deployment with a South American offshore operator.
News
June 15, 2026
Innovex has agreed to acquire Norway-based TCO Group for $95 million, adding intervention-free well technology and expanding its presence in key offshore markets including Norway and the UAE.
News
June 15, 2026
VAALCO reported initial production exceeding 8,000 bopd its Ebouri-5H well offshore Gabon and continued drilling success in Egypt as the company advances its 2026 development program.
News
June 15, 2026
BW Offshore has completed a key commissioning milestone for the BW Opal FPSO at the Barossa LNG project, advancing the vessel toward Practical Completion and long-term operations offshore Australia.
