Offshore
News
April 16, 2026
Namibia is accelerating petroleum law reforms to strengthen investment conditions and support offshore development in the Orange basin as the country moves toward first oil.
News
April 16, 2026
Transocean has secured a $158 million contract for its Deepwater Asgard drillship in the Eastern Mediterranean, supporting a five-well campaign set to begin in late 2026. The award adds to a wave of recent backlog growth as offshore drilling activity strengthens globally.
News
April 15, 2026
GoSubsea and Envirent have formed a strategic alliance to combine subsea equipment and ROV tooling rental capabilities, streamlining offshore project execution and improving operational efficiency.
News
April 15, 2026
Stena Drilling has secured a contract from Energean to drill the first deepwater exploration well offshore Greece, targeting Block 2 in the Ionian Sea with the Stena DrillMAX rig.
News
April 15, 2026
Saipem has secured $400 million in offshore EPCI contracts from Aramco for water injection platforms, pipelines and subsea infrastructure at the Safaniya oil field in Saudi Arabia.
News
April 15, 2026
Vår Energi has submitted a PDO for the Goliat gas export project in the Barents Sea, aiming to boost oil recovery, export gas to Hammerfest LNG and extend field life to 2050.
News
April 14, 2026
Transocean has secured a $445 million contract extension with Petrobras for the Deepwater Corcovado drillship, extending operations offshore Brazil through 2030.
News
April 14, 2026
Petrobras has approved FID for its SEAP I project offshore Brazil, advancing a major FPSO-led development that could unlock over 1 billion boe and expand gas supply from a new frontier basin.
News
April 13, 2026
TotalEnergies has confirmed a hydrocarbon discovery at the Moho license offshore Congo, with estimated resources of around 100 MMbbl and plans for a tie-back to existing production infrastructure.
News
April 13, 2026
Petrobras has confirmed a hydrocarbon discovery in a pre-salt exploration well in Brazil’s Campos basin, with further analysis underway to evaluate reservoir and fluid characteristics.
News
April 13, 2026
Eco Atlantic has farmed down a 60% interest in its Namibia offshore exploration licenses to bp, transferring operatorship as part of a deal to advance exploration in the Walvis basin.
News
April 13, 2026
ABL and Petroleum Marine Services (PMS) have signed an MoU to provide offshore rig moving, marine assurance and risk services in Egypt, supporting drilling operations in the Red Sea and Gulf of Suez.
News
April 13, 2026
CoreMarine and Jumbo Offshore have secured a contract to install soft-yoke mooring systems and perform hook-up of FLNG vessels offshore Argentina, supporting the country’s growing gas export infrastructure.
News
April 13, 2026
TotalEnergies and TPAO have signed an exploration MoU to jointly assess oil and gas opportunities in Türkiye’s Black Sea and international regions, expanding collaboration in offshore exploration.
News
April 12, 2026
Türkiye has launched its first overseas offshore drilling campaign, deploying the Çağrı Bey drillship to drill the Curad-1 ultra-deepwater well offshore Somalia, targeting a potential oil discovery.
News
April 12, 2026
TotalEnergies is advancing a major Africa project pipeline, including Congo oil developments, Mozambique LNG restart and Namibia exploration, positioning for production growth through 2026.
News
April 09, 2026
Subsea7 has secured a SURF contract worth at least $1.25 billion for Petrobras' Sépia 2 pre-salt development in Brazil’s Santos basin, covering engineering, procurement, installation and pre-commissioning for 17 wells.
News
April 09, 2026
CB&I has completed its acquisition of Petrofac’s Asset Solutions business, adding operations, maintenance, wells and decommissioning services to expand its global energy services portfolio.
News
April 09, 2026
Egypt has agreed to purchase the full output of Cyprus’ Aphrodite gas field under a long-term deal, securing future supply as domestic production declines and demand continues to rise.
News
April 09, 2026
Occidental has reported an oil discovery at the Bandit prospect in Green Canyon Block 680 in the U.S. Gulf, encountering oil-bearing Miocene sands with potential for subsea tieback development.
News
April 09, 2026
SLB OneSubsea has secured a contract from Beacon Offshore Energy to deliver an HPHT multiphase boosting system for the Shenandoah field in the Gulf of Mexico, supporting enhanced recovery in a deepwater development.
