Offshore
News
May 21, 2026
Equinor and Aker BP have agreed to align portions of their Norwegian Continental Shelf portfolios through a series of offshore asset transactions aimed at accelerating developments and increasing long-term production.
News
May 21, 2026
Oceaneering has secured an integrated offshore installation contract for the West Delta Deep Marine gas field development offshore Egypt, including subsea umbilical refurbishment, TCP flowline installation and ROV services.
News
May 21, 2026
TotalEnergies is expanding its Angola offshore strategy through deepwater developments, frontier exploration and brownfield optimization projects, including the Kaminho development and new exploration blocks in the Benguela and Namibe basins.
News
May 20, 2026
BW Energy has approved the Bourdon offshore development in Gabon and new Golfinho infill wells offshore Brazil, targeting production growth above 100,000 bopd by 2028.
News
May 20, 2026
Aquaterra Energy has moved its Recoverable Abandonment Frame system into fabrication for the Northern Endurance Partnership CCS project, targeting safer management of legacy offshore wells at future CO2 storage sites.
News
May 20, 2026
bp has signed three production sharing contracts in Indonesia, expanding its upstream portfolio near the Tangguh LNG project in Papua Barat and adding participation in the Barong block offshore East Java.
News
May 19, 2026
CoreMarine and Vår Energi are advancing long-term digital integrity management efforts on the Goliat FPSO through renewal of the CoreIntegrity platform for offshore mooring and asset monitoring operations.
News
May 18, 2026
McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as the offshore engineering contractor cited strong project execution and continued operations amid Middle East market uncertainty.
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.
