Offshore
News
May 29, 2026
Eldorado Drilling has agreed to acquire Vantage Drilling in a transaction valued at approximately $258 million, combining offshore drilling operations and creating a larger platform focused on global rig opportunities.
News
May 29, 2026
Heli-One has opened the first Sikorsky-authorized S-92 customer support center in Brazil, expanding maintenance and overhaul capabilities for offshore oil and gas helicopter operators across South America.
Article
May
Following investigation of financial performance in Lower Tertiary subsea developments (Part 1), Part 2 examines why development architecture—rather than reservoir quality—has constrained recovery, and why a new approach is required.
News
May 29, 2026
SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031.
News
May 29, 2026
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies.
News
May 28, 2026
Aberdeen-based Rovtech Solutions is expanding its offshore energy robotics technology into maritime defense markets through a new partnership focused on subsea infrastructure protection, mine countermeasures and autonomous naval operations.
News
May 28, 2026
Reform UK Deputy Leader Richard Tice promoted expanded North Sea drilling and lower energy costs during a meeting with major energy companies, highlighting growing political pressure on the UK’s net zero and energy transition policies.
News
May 28, 2026
DeepOcean has secured multiple Equinor subsea contracts offshore Norway, including riser replacement work at Visund and subsea tieback installation for the Isflak discovery near the Johan Castberg FPSO in the Barents Sea.
News
May 27, 2026
Strohm has secured its first offshore Egypt contract to supply a thermoplastic composite pipe flowline for the West Delta Deep Marine gas development, supporting subsea infrastructure upgrades in nearly 600 m of water.
News
May 27, 2026
Trident Energy is expanding its offshore Congo portfolio through redevelopment of mature oilfields, applying operational strategies previously used to increase production and extend asset life in Equatorial Guinea.
News
May 26, 2026
SBM Offshore has received an ABS Statement of Maturity for its seawater intake riser technology, a system designed to improve FPSO cooling efficiency and reduce fuel gas consumption and emissions in offshore operations.
News
May 26, 2026
ABL will support Esso Australia’s Bass Strait offshore decommissioning campaign, a project targeting removal of up to 13 aging offshore platforms as part of Australia’s largest offshore abandonment effort.
News
May 25, 2026
Eni and its partners have approved the Baleine Phase 3 offshore development in Côte d’Ivoire, a project expected to raise oil production to 150,000 bopd and expand domestic natural gas supply through a new FPSO installation.
News
May 25, 2026
Ammat Global Resources is increasing production from Congo’s mature Loango and Zatchi offshore fields through workovers, subsea upgrades and brownfield optimization efforts aimed at extending the life of legacy offshore assets.
Article
May
Upstream electrification continues to progress apace, as it helps to provide simplification of systems, reliability of operations and cost reductions in the field, says Baker Hughes executive Rodrigo Farias.
News
May 22, 2026
Subsea7 has secured a substantial offshore Norway contract from Vår Eneri for the Goliat Gas Export Project in the Barents Sea, including pipeline installation and subsea infrastructure work tied to the Hammerfest LNG system.
News
May 22, 2026
Unity has secured new North Sea well decommissioning and well intervention contracts as the Aberdeen-based company expands its offshore well integrity and plugging-and-abandonment operations internationally.
Article
May
After a long period in the regulatory “wilderness,” East Canada’s Nova Scotia province looks to make up for lost time in developing its oil and gas potential.
Article
May
In his newest column, World Oil Editor-in-Chief Kurt Abraham examines OTC 2026’s continued attendance decline, concerns over the exhibition floor and why rising U.S. oil production is strengthening America’s geopolitical leverage.
News
May 21, 2026
Weatherford has secured a deepwater integrated completions contract from ExxonMobil affiliate Esso Exploration & Production Nigeria to support offshore Nigeria well construction and completions operations.
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.
