Offshore
News
June 17, 2025
Petrobras, Exxon Mobil Corp. and Chevron Corp. have won exploration rights in Brazil’s Equatorial Margin, betting that the nation’s environmental regulator will finally open the promising offshore oil region for drilling after years of delay.
News
June 17, 2025
Geospace Technologies Corporation have secured a Permanent Reservoir Monitoring contract award for Mero Fields 3 and 4 from Petrobras. The contract encompasses the supply and installation of nearly 500km of the OptoSeis® Permanent Reservoir Monitoring (PRM) system.
News
June 17, 2025
The American Petroleum Institute has joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf.
News
June 16, 2025
EnerMech has been awarded a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of Mexico/Gulf of America. The scope marks EnerMech’s first major decommissioning campaign in the region.
News
June 16, 2025
Mermaid Subsea Services (UK) has successfully and safely completed a well intervention on the Teal P2 well in the North Sea. The operation was carried out on behalf of Anasuria Operating Company (AOC), the FPSO Operator for Teal and Teal South.
News
June 13, 2025
The five-year contract, worth approximately $203 million (£150 million), encompasses ASCO’s full suite of integrated logistics services. The award represents a major milestone for ASCO, marking one of the largest logistics contracts in its recent history.
News
June 13, 2025
Rotork has supplied over 200 actuators to ONE-Dyas for the N05-A upstream gas processing platform, located in the Dutch North Sea. The actuators will support the electrification and automation of the platform.
News
June 13, 2025
Perenco Congo has confirmed a major investment project with the construction of a new offshore platform, Kombi 2. The Kombi 2 construction project, including the upcoming drilling phases, represents an investment of over $200 million.
News
June 13, 2025
Israel ordered the halt of the offshore Leviathan field operated by Chevron due to security concerns, according to the Energy Ministry. The escalating tensions in the Middle East raise the risk of a wider war in a region that’s key to global energy supplies.
News
June 12, 2025
JDR Cable Systems (JDR) has successfully completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects.
News
June 11, 2025
The Gulf’s rising importance represents a turnaround from the past two decades, when the region took a backseat to the U.S. shale boom. But now tumbling crude prices are hurting shale drillers while major, longer-term Gulf projects are starting to come online.
News
June 11, 2025
Aquaterra Energy, an offshore engineering solutions provider, has secured two major contracts to support the Northern Endurance Partnership (NEP), the CO2 transportation and storage provider for the East Coast Cluster.
News
June 11, 2025
Baker Hughes has secured a P&A contract with Equinor based on its Mature Assets Solutions portfolio. The agreement will enable Equinor to drive efficiencies, industrialize P&A operations through end-to-end integration. The award marks the start of a multi-year frame agreement for integrated well services.
News
June 11, 2025
OEG has secured a significant multi-year helifuel services contract with a major UK operator. Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis.
News
June 10, 2025
EIVA and Terradepth have announced a partnership to streamline subsea data workflows by integrating Terradepth's Absolute Ocean platform with EIVA's NaviSuite software. The collaboration automates the entire subsea-to-client data workflow.
News
June 10, 2025
ABB has been awarded a large order by Seatrium to supply electrical equipment and automation solutions on a new generation of FPSO vessels for operator Petrobras. The two vessels—P-84 and P-85—will be deployed approximately 200 km offshore Brazil.
News
June 09, 2025
Subsea7 has secured a sizeable contract by Shell for a gas project offshore Trinidad and Tobago. The project involves the transportation and installation of subsea equipment at the Aphrodite development at depths of up to 290 m.
News
June 05, 2025
MODEC has signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for offshore applications. The collaboration will work toward deployment of a fully commercialized CycloneCC solution on a MODEC FPSO by 2026.
News
June 05, 2025
DRIFT Offshore has established a partnership with UHI North, West and Hebrides, to develop and deliver an introductory training course focused on the operation of remotely operated vehicles (ROVs), trenching and subsea equipment.
News
June 04, 2025
The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco have entered into an MOU to extend production licenses covering the Jubilee and TEN fields in Ghana until 2040.
News
June 04, 2025
TotalEnergies has signed an agreement with Shell to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field.
