News
July 09, 2026
Unique Group has appointed Giovanni Corbetta as chief executive officer, bringing more than 30 years of leadership experience across the offshore energy, subsea, marine services and engineering sectors.
News
July 09, 2026
SLB OneSubsea has won a contract from Eni North Ganal to engineer, procure and manufacture a 94.6-km steel tube umbilical system for the Kutei North Hub deepwater development offshore Indonesia, one of the largest umbilical awards in the industry.
News
July 09, 2026
Eni and Halliburton have completed the industry's first deployment of integrated closed-loop rig automation and managed pressure drilling on a deepwater exploration well offshore Indonesia, improving drilling efficiency by more than 15%.
News
July 08, 2026
Aquaterra Energy and James Fisher have formed a strategic partnership to deliver integrated offshore decommissioning services, combining front-end engineering, well access, subsea operations and offshore execution for projects worldwide.
News
July 08, 2026
The UK has opened a public consultation on Adura's Jackdaw gas field as part of the regulatory approval process, marking another step toward production from one of the country's largest undeveloped North Sea gas projects.
News
July 07, 2026
BluEnergies and TotalEnergies are advancing exploration activities in Liberia's offshore Harper basin, with 3D seismic reprocessing and seabed surveys underway to identify and refine future drilling prospects across Blocks LB-26, LB-30 and LB-31.
News
July 07, 2026
Renaissance Africa Energy Company has announced an offshore oil discovery at the JK-004 exploration well in Nigeria's OML 74, confirming approximately 1,000 ft of hydrocarbon-bearing intervals across seven reservoirs containing light oil.
News
July 07, 2026
Oceaneering has secured a four-year contract from Petrobras to provide remotely operated vehicle (ROV) services offshore Brazil, supporting subsea intervention, installation and abandonment operations beginning in 2027.
News
July 06, 2026
Kosmos Energy reported strong first-half operational performance, with new wells boosting production at Ghana's Jubilee field toward 90,000 bopd while the Greater Tortue Ahmeyim LNG project continued to deliver strong cargo volumes.
News
July 06, 2026
Offshore decommissioning technology developer rahd·AI has been selected for the Presight AI Accelerator, opening new commercial opportunities in the Middle East as the company expands its AI platform for well planning and regulatory compliance.
News
July 03, 2026
Altera Infrastructure has signed EPCIC and 15-year charter agreements to supply a new FPSO for Eni's Baleine Phase 3 development offshore Côte d'Ivoire, expanding production at one of West Africa's largest offshore oil and gas projects.
News
July 03, 2026
KONGSBERG has secured a contract to provide underwater surveillance and protection technology for critical infrastructure, supporting the security of offshore energy assets, subsea cables and other essential facilities for an international customer.
News
July 03, 2026
Bernhard Schulte Offshore has taken delivery of the Windea Clarke commissioning service operation vessel (CSOV) from Ulstein Verft, expanding its offshore service fleet with a hybrid-ready vessel designed for offshore construction and maintenance operations.
News
July 02, 2026
Norske Shell has awarded AGR a four-year framework agreement to provide drilling, wells and offshore personnel for operations supporting the Ormen Lange gas field on the Norwegian Continental Shelf.
News
July 02, 2026
PETRONAS has recorded two new discoveries and a successful appraisal well in Suriname's offshore Block 52, increasing its total successful wells in the country to eight and unlocking more than 1 Bboe of recoverable resources.
News
July 02, 2026
TotalEnergies has agreed to sell its minority interest in Malaysia's Marjoram gas field to INPEX for $350 million, continuing its strategy of optimizing its upstream portfolio while focusing on operated, low-cost gas developments in Southeast Asia.
News
June 30, 2026
Transocean has secured a drilling agreement with Equinor worth more than $1 billion in backlog for three harsh-environment Cat D semisubmersible rigs on the Norwegian Continental Shelf. The seven rig-years of work are scheduled to begin between 2027 and 2028.
Article
June
Shallow-water wells can now be drilled using dynamically positioned (DP) deepwater rigs, if critical safety challenges are addressed. Recent drilling programs demonstrate that a properly designed tethered blowout preventer (TBOP) system allows a DP unit to drill new and workover wells or perform P&A operations in 500-ft (152-m) to 2,000-ft (610-m) water depths. 
Article
June
Operators that carry out early condition assessments, maintain continuity in project teams and plan waste management routes well before shutdown are generally better positioned to manage uncertainty later. 
Article
June
As costs continue to increase in offshore well decommissioning, operators are searching for ways to efficiently and rapidly manage liabilities without compromising operational safety or the environment. These objectives can be advanced through modular, single-trip decommissioning systems, backed by experienced technical teams. 
News
June 29, 2026
Eco Atlantic has received final ministerial approval for its Namibia PEL 98 farm-out while advancing additional exploration agreements in Namibia, South Africa and Guyana.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.