Offshore
News
February 12, 2026
EnerMech has secured a two-year contract extension to provide offshore rig crane inspection and lifting services for a Middle East operator, supporting safe and reliable offshore drilling operations.
News
February 12, 2026
SLB has secured multiple offshore drilling and well services contracts from Mubadala Energy for the Tangkulo deepwater gas development offshore Indonesia, with first gas targeted by 2028.
News
February 11, 2026
Aquaterra Energy has secured a multi-year contract to support intervention and abandonment operations across 11 subsea wells offshore Spain, supplying a riser-based well access system for late-life offshore assets.
News
February 11, 2026
MOL Group has entered Libya’s upstream sector through a joint venture with Repsol and TPAO to explore the deepwater O7 offshore block in the Mediterranean, marking its latest international expansion and strengthening North Africa exploration activity.
News
February 11, 2026
Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration, establishing a major deepwater position in the U.S. Gulf of America and adding oil-weighted production with growth to 70 MMbpd expected by 2028.
News
February 10, 2026
Tenaz Energy has completed a large-scale IT and data transition enabling full operational control of offshore platforms, pipelines and gas infrastructure in the Dutch North Sea following its acquisition of assets from NAM.
News
February 09, 2026
Namibia’s government says it was not notified of TotalEnergies’ planned acquisition of a major offshore exploration stake alongside Petrobras, complicating the latest deal in the fast-growing Orange basin and underscoring regulatory sensitivities as the country moves toward first oil.
News
February 09, 2026
Perenco has installed the $200-million Kombi 2 platform on Congo’s Kombi-Likalala-Libondo II field, supporting a six-well drilling campaign beginning in 2026 aimed at boosting production and extending field life.
News
February 09, 2026
Subsea7 has been awarded a substantial contract by Chevron for subsea flowline and umbilical installation in the Eastern Mediterranean, with engineering work beginning immediately and offshore execution scheduled for 2028.
News
February 09, 2026
Transocean’s $5.8-billion acquisition of Valaris will create one of the world’s largest and highest-spec offshore drilling fleets, signaling renewed confidence in a multi-year offshore upcycle and accelerating consolidation among global drilling contractors.
News
February 06, 2026
Cameroon and Equatorial Guinea have signed a unitization agreement to jointly develop the 2.5-Tcf Yoyo-Yolanda gas fields, advancing a long-delayed cross-border project central to regional gas monetization and LNG supply growth in the Gulf of Guinea.
News
February 06, 2026
Brazil’s ANP has authorized Petrobras to resume drilling in the Foz do Amazonas offshore frontier following a temporary suspension, reopening one of Brazil’s most closely watched exploration campaigns.
News
February 06, 2026
TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia’s offshore PEL104 exploration license, expanding its position in the Lüderitz basin as the company advances development and appraisal activities across its growing Namibia portfolio.
News
February 05, 2026
Beacon Offshore’s Shenandoah field is demonstrating how advanced engineering and production chemistry are enabling reliable output from ultra-high-pressure, deepwater reservoirs. Rapid ramp-up and stable early performance highlight new benchmarks for HPHT development in the U.S. Gulf.
News
February 04, 2026
Expro has introduced a single-valve shear-and-seal system designed to simplify subsea well access, reduce operational complexity and support intervention and plug-and-abandonment operations offshore.
News
February 04, 2026
Equinor expects oil production from the Johan Sverdrup field — the North Sea’s largest producing asset — to decline by 10% to 20% in 2026, marking a turning point for one of Europe’s most important sources of supply growth.
News
February 03, 2026
Westwood has launched MarineLogix, a new offshore vessel intelligence platform designed to track utilization, availability and performance across more than 10,000 offshore vessels worldwide, supporting decision-making in offshore oil and gas, offshore wind and related marine markets.
News
February 03, 2026
Akrake Petroleum has completed drilling of the AK-2H horizontal production well at the Sèmè field offshore Benin, encountering oil-saturated sandstone with no water contact and reservoir quality in line with expectations.
News
February 03, 2026
Tenaris has secured new contracts supporting Phase 3 development of Türkiye’s Sakarya gas project, one of the Black Sea’s most technically demanding ultra-deepwater fields. The awards advance drilling, flow assurance and production infrastructure as the project moves toward scaled offshore gas output in water depths exceeding 2,000 m.
News
February 02, 2026
OKEA and partners reported a new petroleum discovery in the Knockando Fensfjord prospect near Norway’s Brage field, with early recoverable estimates up to 1.5 MMboe.
News
January 30, 2026
TotalEnergies and Galp are advancing offshore development plans in Namibia’s Orange basin, with a potential 2026 FID targeted for the Venus discovery and a three-well appraisal program planned at Mopane next year.
