Offshore
News
April 30, 2026
Subsea7 has been awarded an EPCI contract by ExxonMobil for a subsea tie-back project in Block 15 offshore Angola, valued between $150 million and $300 million.
News
April 30, 2026
JDR Cable Systems has been awarded a contract to supply subsea control umbilicals for Amplitude Energy’s offshore gas project supporting supply to Victoria, Australia.
News
April 30, 2026
Eco Atlantic has advanced its acquisition of JHI Associates, positioning the company to secure a 35% interest in the PL001 offshore block in the Falkland Islands.
News
April 30, 2026
Newfoundland and Labrador’s 2026 budget includes $90 million for offshore exploration, with industry pointing to growing momentum ahead of projects like Bay du Nord.
News
April 29, 2026
bp has signed an agreement with Venezuela to explore offshore natural gas, marking a renewed push by international companies into the country’s reopening energy sector.
News
April 29, 2026
Petrobras has acquired a stake in the Argonauta area of the Campos basin, increasing its ownership in the Jubarte pre-salt field and strengthening its offshore portfolio.
Article
Sponsored Content
April
Tubing hanger installation remains a risk-sensitive phase of subsea well construction. Dependencies on conventional methods increase execution risk, personnel exposure, and critical path time. This article presents an umbilical-less tubing hanger installation model supported by the Enhanced Remote Operated Control System (eROCS) and the Optime Tubing Hanger Orientation System (OTHOS). Results from the Norwegian Continental Shelf confirm reduced system complexity, fewer interfaces, and predictable execution with accurate orientation.
Article
April
SBM Offshore’s Group Business Development director is very enthusiastic about the market ahead for FPSO construction and operation, given the plethora of deepwater projects expected, not only in established markets like Brazil, Guyana and West Africa, but in places like Suriname, Namibia and others.
News
April 28, 2026
Forum Energy Technologies has launched a compact, integrated LARS designed to improve efficiency in ROV inspection, maintenance and subsea operations.
News
April 28, 2026
Petro Victory’s SJ-12 well in Brazil’s Barreirinhas basin has confirmed stacked gas reservoirs with 72 meters of net pay, supporting further development of the São João field.
News
April 28, 2026
Petrodec has deployed its OBANA jackup to the North Sea, kicking off a new campaign to remove offshore platform jackets for Perenco UK.
Article
April
Sulzer optimizes its high-energy centrifugal pumps for subsea water injection with pressure sensors from Kistler.
News
April 23, 2026
A new joint venture between PetroGuin and Tender Oil and Gas will advance seismic work and exploration in Guinea-Bissau’s deepwater offshore blocks, signaling renewed investor interest in the basin.
News
April 23, 2026
U.S. forces have boarded another Iranian-linked supertanker, signaling a wider reach for its blockade as oil shipments attempt to move beyond the Gulf.
News
April 23, 2026
Helix Energy Solutions and Hornbeck Offshore Services will combine in an all-stock deal to create an integrated deepwater offshore services company with expanded vessel and subsea capabilities.
News
April 23, 2026
Major oil companies are increasing deepwater exploration investment as the industry faces a 300-billion-barrel supply gap by 2050, according to new analysis from Wood Mackenzie.
News
April 22, 2026
EnerMech has secured a multi-year contract to deliver integrated topside process, maintenance and integrity services across offshore assets in the UK Continental Shelf.
News
April 22, 2026
Valeura has chartered a jackup drilling rig for a three-year term to support development and exploration drilling across its Gulf of Thailand assets through 2029.
News
April 22, 2026
Seadrill has secured new U.S. Gulf contracts for its West Neptune and West Vela drillships, adding $260 million to backlog and reinforcing ultra-deepwater activity in the region.
News
April 21, 2026
Eni’s 5-Tcf Geliga discovery offshore Indonesia adds significant new gas volumes and reinforces the Kutei basin’s role as a key growth hub for LNG supply and deepwater development.
News
April 21, 2026
Saipem has secured early-stage SURF work on ExxonMobil’s Longtail project offshore Guyana, signaling continued momentum in one of the world’s fastest-growing deepwater basins.
