Offshore
News
April 04, 2025
The National Ocean Industries Association is pleased to announce SEACOR Marine and Proceanic are winners of the 2025 NOIA Safety in Seas Award Competition. SEACOR Marine is the Culture of Safety winner while Proceanic won the Safety Practice award.
News
April 04, 2025
Subsea7 has been awarded a sizeable contract by Shell Offshore for the Sparta deepwater development. The project involves the transportation and installation of a floating production system (FPS) off the coast of Louisiana at water depths of up to 1,635 meters.
News
April 03, 2025
Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA) have signed a Memorandum of Understanding to work together to grow the subsea sector in both hemispheres.
News
April 03, 2025
bp Trinidad and Tobago (bpTT) has safely delivered first gas from its Cypre development. Cypre is one of bp’s 10 major projects expected to start up globally between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream.
News
April 02, 2025
INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC's U.S. subsidiary. The deal increases INEOS' production globally to over 90,000 boed and marks the third major investment by INEOS Energy in the U.S. in the past three years.
News
April 01, 2025
Petrofac’s Asset Solutions division has been awarded a number of scope expansions and new contracts in Q1 2025 totaling $500 million (USD). The awards span late-life asset management, decommissioning and integrated services across core global markets.
News
April 01, 2025
Eiffage, through Smulders (Eiffage Métal’s Belgian subsidiary), has signed an agreement to acquire 100% of HSM Offshore Energy. The combination of the two companies will strengthen their efficiency and their capacity to deliver large offshore projects.
News
March 31, 2025
Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping oil. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 bpd.
News
March 31, 2025
CNOOC Ltd. has made a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place, the company announced.
News
March 31, 2025
Subsea 7 S.A. today announced the award of a sizeable contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. The scope includes engineering, procurement, construction and installation of a five-kilometer CO2 pipeline.
News
March 28, 2025
The third and final day (March 27) of World Oil’s Deepwater Development Conference (MCEDD) in Madrid, Spain, provided attendees with a significant briefing on the fast pace of advancements being made in deepwater technology. This information was disseminated via numerous individual presentations in five specific sessions throughout the day.
Article
March 2025
The offshore crane industry is undergoing significant transformation, driven by a push for enhanced safety standards, sustainability initiatives and technological innovations. In response to increasing pressure to meet growing energy demand, operators are adopting new standards and tools to manage the complexities of modern lifting operations. Safety continues to be the top priority, but the challenges presented by tighter regulations, shifting market demands and the evolution of technology are creating a more dynamic and competitive environment for offshore crane operations.
News
March 28, 2025
Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal.
Article
March 2025
As I write this column from the sunny climes of Madrid, World Oil’s Deepwater Development Conference (MCEDD) is underway and thriving. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it.
News
March 27, 2025
Attendees on Day 2 (March 26) of World Oil’s Deepwater Development Conference (MCEDD) in Madrid, Spain, were treated to a wide-ranging assortment of presentations on technical innovations in this special sector of the upstream industry.
News
March 27, 2025
The HSI Joint Venture, comprising HSM Offshore Energy, Smulders, and Iv, has successfully moved the Jasmund Offshore Substation (OSS) topside and lifted the transformers for 50Hertz at HSM Offshore Energy’s Stormpolder yard in the Netherlands.
News
March 27, 2025
Aquaterra Energy has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.
News
March 27, 2025
World Oil’s Deepwater Development Conference (MCEDD) got underway on March 25 in Madrid, Spain, and has been thriving this week. There is no mistaking the renewed, growing interest in deepwater projects, and the attendance and program confirm it. Attendance is running significantly ahead of last year’s conference, and the list of topics presented/debated is more extensive.
News
March 26, 2025
A conservation group is challenging Britain’s government in a London court over 31 North Sea oil and gas exploration licenses that it says could put marine protected areas and climate stability at risk.
News
March 26, 2025
In addition to integrated execution, the project will utilize Subsea 2.0® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil.
Article
March 2025
Perhaps we are witnessing the beginning of a complex negotiation between all GOM(A) production owners to improve, safely, all operations and open areas to new exploration, regardless of claims.
