Offshore
News
December 02, 2025
ABL and Petroleum Marine Services have partnered to launch a unified rig-moving service covering the Red Sea and Gulf of Suez—aimed at cutting downtime, strengthening safety and bringing global-standard execution to one of the region’s busiest offshore basins.
News
December 02, 2025
Wood’s Massy Wood JV has secured the brownfield EPC contract for bpTT’s Ginger gas development, advancing critical upgrades on the Juniper platform. The scope includes corrosion-protection enhancements and new methanol injection systems.
News
December 02, 2025
TotalEnergies has pulled ahead as the top bidder for Galp’s 40% stake in the giant Mopane oil discovery offshore Namibia. The acquisition would strengthen TotalEnergies’ position in the Orange basin, as Galp seeks a partner to advance one of the decade’s largest finds.
News
December 01, 2025
Subsea Supplies has partnered with DRIFT Offshore to expand subsea connector and cable assembly support for U.S. energy operators. The collaboration establishes local manufacturing and testing capabilities in Florida, reducing lead times and improving supply-chain reliability for offshore projects.
News
December 01, 2025
TotalEnergies has expanded its global exploration partnership with Chevron through a farmout agreement transferring a 40% stake in Nigeria’s offshore PPL 2000 and 2001 licenses. The joint venture strengthens both companies’ positions in the West Delta basin as regulatory approvals progress.
News
December 01, 2025
Harbour Energy will cut 100 more UK jobs after the government retained the Energy Profits Levy through 2030. The operator says North Sea assets are struggling to attract capital under the 78% tax burden, following earlier workforce reductions.
News
November 28, 2025
Aker Solutions has landed a substantial six-year ConocoPhillips contract for maintenance and modification work on Norway’s Eldfisk and Ekofisk fields—extending one of the largest brownfield portfolios on the NCS.
News
November 26, 2025
The UK will keep its North Sea windfall tax in place until 2030, according to the Office for Budget Responsibility, despite industry warnings that the levy is accelerating production declines, deterring investment, and threatening thousands of offshore jobs.
News
November 25, 2025
Seatrium has secured its second deepwater FPU contract from bp, winning the Tiber project in the U.S. Gulf. Leveraging a series-build approach and lessons from the Kaskida unit, the Tiber FPU will deliver 80,000 bpd from Keathley Canyon using fully integrated, single-lift topsides.
News
November 25, 2025
Brazil’s Petrobras is likely to postpone awarding up to four drillship contracts for its giant Buzios field until 2026, as the operator reassesses reservoir data and contractors revise bids amid a soft offshore rig market and emerging global oil glut.
News
November 25, 2025
Woodside Energy has signed a suite of global frame agreements with ABL to deliver marine warranty, assurance, and consultancy services across its offshore operations in Australia, the U.S. and other international regions.
News
November 25, 2025
A new survey shows UK offshore and underwater supply chain firms are weighing moves overseas as oil, gas and wind projects face mounting delays. Industry leaders warn that stalled timelines and policy uncertainty are eroding competitiveness and risking long-term capacity.
News
November 25, 2025
DeepOcean is nearing completion of a fully diverless disconnection of TotalEnergies’ Gryphon Alpha FPSO—an industry first enabled by proprietary subsea tooling and a major milestone in North Sea decommissioning.
News
November 25, 2025
Equinor is ramping up offshore activity next year with 26 planned exploration and appraisal wells across the North Sea, Norwegian Sea and Barents Sea—part of a decade-long push to keep Norwegian production strong.
News
November 25, 2025
TotalEnergies has finalized the sale of its 12.5% non-operated interest in Nigeria’s deepwater Bonga field (OML 118 PSC) to Shell Nigeria Exploration and Production Company and Nigerian Agip Exploration for a combined $510 million, marking a major portfolio shift in one of its key hydrocarbon regions.
Article
November 2025
In the future, the need for reliable, compact, and compliant human support systems will only grow. As offshore industries transition into deeper waters and begin to intersect with emerging sectors, the importance of safety-focused engineering becomes even more paramount.
Article
November 2025
Operators are under mounting pressure to keep subsea equipment reliable in HPHT environments. Pumps, valves and control systems depend on seals, insulators and connectors designed to endure extremes where traditional materials fail. Advances in thermoplastics and harness assemblies are proving that the smallest parts can redefine offshore reliability.
Article
November 2025
In his newest column, World Oil editor-in-chief Kurt Abraham breaks down the Trump administration’s sweeping new offshore leasing strategy—an overhaul that replaces the restrictive Biden-era plan with a far more expansive five-year program.
News
November 24, 2025
bp’s Greater Tortue Ahmeyim (GTA) Phase 1 LNG development offshore Mauritania and Senegal has been awarded both the Engineering, Construction & Infrastructure Project of the Year and Overall Project of the Year at the 2025 APM Project Management Awards.
News
November 24, 2025
Suriname has opened 60% of its offshore acreage through a new Open-Door Offering aimed at accelerating exploration in the Guiana basin. The program includes flexible licensing options, competitive fiscal terms, and a new GeoPortal providing discounted access to seismic data.
News
November 24, 2025
A new drilling surge is underway in the U.S. Gulf, as Beacon Offshore starts up record-setting high-pressure wells that could reshape long-term U.S. deepwater production.
