Offshore
News
May 14, 2025
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy.
News
May 14, 2025
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID.
News
May 13, 2025
Nexos, a leading EPC provider for the offshore energy sector, has announced a strategic expansion into onshore energy projects. The move is bolstered by a 300-person strong onshore services division, positioning nexos as a key player in the energy transition.
News
May 13, 2025
Brazil’s state-controlled oil producer Petrobras approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
News
May 12, 2025
“We (the Trump administration) need to ensure that (U.S.) resources are secure, abundant and reliable. And we need energy of all kinds.” That is the message that Ryan Peay, the newly installed Deputy Assistant Secretary in the U.S. Department of Energy, brought to an OTC audience on the afternoon of Day 2 at OTC.
News
May 12, 2025
Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras for the provision of the Safe Notos semisubmersible vessel for safety and maintenance support offshore Brazil.
Article
April 2025
Time is money—in the case of oil production, even a lot of money. Therefore, the migration of automation systems takes place within a narrow time window. When updating the safety systems at Germany's largest oil producer, Harbour Energy, meticulous preparation paid off.
News
May 08, 2025
OTC 2025 day three kicked off with a keynote speaker panel on the ongoing challenges of digital transformation in the offshore sector. Across various digital technologies, a critical keystone must be addressed to provide a suitable digital foundation: quality data and access to it.
News
May 07, 2025
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday.
News
May 07, 2025
Exxon Mobil Corp. plans to invest $1.5 billion in a deepwater oil field in Nigeria as Africa’s top producer looks to boost output, according to the nation’s regulator. The investment, expected within the next two years, will focus on reviving production in the Usan field.
News
May 07, 2025
ABS issued an approval in principle to SBM Offshore for its near zero FPSO concept. The NearZero FPSO design incorporates low carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG emissions.
News
May 07, 2025
Due to run for five-years, with a further two one-year extension options, the extension of the existing supply contract means more than 10 UK North Sea assets will continue to benefit from Dräger's industry leading portable gas detection and breathing apparatus systems.
News
May 07, 2025
Although the deepwater sector may be traversing a few rough spots at present, the general outlook over the next few years remains solidly positive. That’s the theme of comments made by Scott Livingston, NOV’s President of Energy Products and Services, during a session on Day 2 of OTC.
News
May 06, 2025
Viridien has sold its Sercel Marlin™ Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India.
News
May 06, 2025
In a session titled “Offshore Production and Recovery: The Value of a Holistic Approach,” SLB’s President of Production Systems, Paul Sims, gave his take on key factors affecting the current offshore energy landscape, as well as SLB’s latest strategies and innovations.
News
May 06, 2025
Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025. The VALARIS 247 is a 27-year-old jackup rig currently operating offshore Australia.
News
May 06, 2025
SLB announced at OTC Day 2 the launch of Electris™ — a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.
News
May 06, 2025
Sentinel Subsea has successfully completed a six-figure project involving deploying two WellSentinel™ Coral systems for a key operator in the North Sea. This project supports a large-scale drilling operation and is a significant milestone in the company’s ongoing efforts to enhance offshore safety and operational efficiency.
News
May 06, 2025
ABS and Akselos S.A. have announced the joint completion of technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
