Offshore
News
May 18, 2026
Eco Atlantic has secured court approval for its proposed acquisition of JHI Associates, advancing plans to acquire a 35% interest in the PL001 offshore Falkland Islands license operated by Navitas Petroleum.
Article
April
This year’s winners feature 17 technologies covering a wide swath of exploration, drilling and production applications.
News
May 15, 2026
FutureOn has launched FieldTwin Operate, a digital twin platform designed to integrate engineering, inspection and operational data into a unified geospatial environment for subsea offshore assets.
News
May 15, 2026
Velesto Energy has secured its first asset-light offshore drilling contract from Hibiscus Oil & Gas Malaysia, covering jackup rig services for plug and abandonment and exploration wells offshore Malaysia.
News
May 15, 2026
Perenco UK has restarted production from the Davy gas field in the Southern North Sea after more than five years offline, bringing approximately 14 MMscf/d back into production through the Bacton terminal.
News
May 14, 2026
Decom Engineering has appointed Keith McDermott as chairman as the company expands its offshore decommissioning, subsea engineering and industrial cutting technology operations across global energy markets.
News
May 14, 2026
ABL has been appointed marine warranty surveyor for Subsea7’s transportation and installation campaign supporting the Mero 3 and Mero 4 offshore Brazil developments in the Santos basin.
News
May 13, 2026
Senegal is advancing plans for the $7.5 billion Yakaar-Teranga gas project as the country seeks to reduce energy subsidies, expand domestic gas use and strengthen its position as an emerging West African energy producer.
News
May 13, 2026
TotalEnergies and EGAS have signed a memorandum of understanding covering offshore exploration cooperation in northwestern Egypt, supporting technical evaluation and assessment of the country’s deep offshore resource potential.
News
May 12, 2026
Block Energy is entering the offshore Gabon upstream sector through an investment tied to the Ndjila and Mpari PSCs, adding discovered oil resources and exploration upside while launching a $6.3 million fundraise to support the transaction.
News
May 12, 2026
Ned Marine has launched drone and subsea ROV inspection services for offshore and marine assets, expanding its NDT capabilities with remote technologies designed to reduce downtime, improve safety and accelerate vessel and infrastructure inspections.
News
May 12, 2026
OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036.
News
May 12, 2026
Etu Energias and partners successfully completed the Espadarte 7ST2 appraisal well in Angola’s Lower Congo basin, with initial testing delivering stabilized production rates between 2,000 and 2,500 bopd and confirming multiple productive reservoir intervals offshore.
News
May 11, 2026
Shell has selected New Wave Offshore Energy to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos basin, supporting transportation, installation and offshore risk management activities for the deepwater development.
News
May 11, 2026
Deepwater projects, LNG infrastructure and gas-to-power investments are expected to drive Africa’s next energy growth cycle, as S&P Global analysts warn the continent’s biggest challenge is no longer resource potential, but execution and infrastructure delivery.
News
May 11, 2026
Seadrill added more than $860 million to its offshore drilling backlog during first-quarter 2026, driven by new deepwater rig awards in Brazil, the U.S. Gulf and Angola as the company raised its full-year outlook amid strengthening offshore demand.
News
May 11, 2026
DOF Group ASA has secured nearly $2 billion in long-term Petrobras contracts for four new ROV support vessels supporting subsea inspection, maintenance and repair operations in Brazil’s deepwater offshore market.
News
May 10, 2026
Venezuela renewed its territorial claim over Guyana’s oil-rich Essequibo region at the International Court of Justice as offshore developments led by ExxonMobil remain central to the dispute.
News
May 08, 2026
Welligence COO Ivan Cima says deepwater is poised for renewed growth as global exploration spending slumps. Speaking at OTC 2026, Cima highlighted ultra-deepwater trends, FPSO standardization and the growing debate around offshore electrification.
News
May 08, 2026
Shell has awarded Audubon an exclusive engineering and procurement contract supporting brownfield topside projects across its deepwater U.S. Gulf assets, with work focused on production optimization, maintenance and asset-life extension.
News
May 08, 2026
OTC 2026 wrapped up in Houston after four days of discussions focused on offshore growth, energy security and emerging technologies, as global supply disruptions continue to reshape industry priorities.
