Offshore
News
February 06, 2026
TotalEnergies has agreed to acquire a 42.5% operated interest in Namibia’s offshore PEL104 exploration license, expanding its position in the Lüderitz basin as the company advances development and appraisal activities across its growing Namibia portfolio.
News
February 05, 2026
Beacon Offshore’s Shenandoah field is demonstrating how advanced engineering and production chemistry are enabling reliable output from ultra-high-pressure, deepwater reservoirs. Rapid ramp-up and stable early performance highlight new benchmarks for HPHT development in the U.S. Gulf.
News
February 04, 2026
Expro has introduced a single-valve shear-and-seal system designed to simplify subsea well access, reduce operational complexity and support intervention and plug-and-abandonment operations offshore.
News
February 04, 2026
Equinor expects oil production from the Johan Sverdrup field — the North Sea’s largest producing asset — to decline by 10% to 20% in 2026, marking a turning point for one of Europe’s most important sources of supply growth.
News
February 03, 2026
Westwood has launched MarineLogix, a new offshore vessel intelligence platform designed to track utilization, availability and performance across more than 10,000 offshore vessels worldwide, supporting decision-making in offshore oil and gas, offshore wind and related marine markets.
News
February 03, 2026
Akrake Petroleum has completed drilling of the AK-2H horizontal production well at the Sèmè field offshore Benin, encountering oil-saturated sandstone with no water contact and reservoir quality in line with expectations.
News
February 03, 2026
Tenaris has secured new contracts supporting Phase 3 development of Türkiye’s Sakarya gas project, one of the Black Sea’s most technically demanding ultra-deepwater fields. The awards advance drilling, flow assurance and production infrastructure as the project moves toward scaled offshore gas output in water depths exceeding 2,000 m.
News
February 02, 2026
OKEA and partners reported a new petroleum discovery in the Knockando Fensfjord prospect near Norway’s Brage field, with early recoverable estimates up to 1.5 MMboe.
News
January 30, 2026
TotalEnergies and Galp are advancing offshore development plans in Namibia’s Orange basin, with a potential 2026 FID targeted for the Venus discovery and a three-well appraisal program planned at Mopane next year.
News
January 29, 2026
Cairn Oil & Gas has reported a gas discovery at its Ambe offshore block on India’s west coast, advancing appraisal of one of the country’s Discovered Small Field assets. Additional wells are planned as the operator evaluates development options for the shallow-water find.
News
January 28, 2026
Noble has completed the $360-million sale of five premium jackup rigs to Borr Drilling, reshaping both companies’ offshore portfolios. The deal expands Borr’s fleet to 29 rigs while allowing Noble to retain near-term operational exposure through charter arrangements.
News
January 28, 2026
Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy.
News
January 27, 2026
NNPC and Chevron have confirmed a hydrocarbon discovery at the Awodi-07 well offshore Nigeria, with results indicating multiple productive reservoir zones in the western Niger Delta.
News
January 27, 2026
TGS has been awarded a new ocean bottom node seismic contract in Europe, expanding its 2026 offshore acquisition campaign and supporting 4D reservoir monitoring.
News
January 26, 2026
Noble Corporation has secured approximately $1.3 billion in new contract awards across nine rigs, including a three-year agreement for the Noble GreatWhite that marks the company’s entry into Norway’s harsh-environment floater market.
News
January 26, 2026
Gulf Marine Services has agreed to acquire its first new vessel in a decade, adding a mid-class SESV to its fleet as offshore demand strengthens. The move supports near-term commercial opportunities while maintaining low leverage and financial flexibility.
News
January 26, 2026
Kongsberg Maritime has secured a major contract to supply deck machinery for a next-generation floating wind construction vessel being built for Hana Shipping, supporting offshore floating wind installation activities off South Korea.
News
January 23, 2026
Kongsberg shareholders have approved the spin-off of Kongsberg Maritime, paving the way for the maritime technology business to operate as a stand-alone company and list on the Oslo Stock Exchange in April 2026.
Article
January
Remote-controlled FPSOs are a first step toward autonomous offshore operations once advanced solutions address significant technical gaps.
News
January 23, 2026
Shell and partners are evaluating development of Nigeria’s Bonga South West deepwater oil field, a project that could attract up to $20 billion in investment and deliver peak production of 220,000 bpd from an estimated 820 million barrels of reserves.
News
January 22, 2026
McDermott has been awarded a major EPCI contract by ADNOC for the Nasr-115 Expansion Project offshore the UAE, supporting increased Al Nasr field production capacity to 115,000 bpd by 2027.
