Offshore Magazine

Initially, CO 2 will be captured from the cement, low-carbon hydrogen and energy-from-waste producers. Phase 1 of the project – which is designed to store 109 MMmt of CO 2 …

A key challenge for operators is maintaining integrity with incomplete information. Many critical mooring components are difficult to inspect because they are submerged deep below the surface, located in splash-zone …

Petrogas E&P Netherlands has tasked Worley with the pre-front-end engineering design (pre-FEED) for the Abeona Carbon Capture and Storage (CCS) project in the Dutch North Sea. The project is intended …

Serica Energy’s board of directors have reached an agreement to acquire Pharos Energy for about £145.7 million ($194.2 million). The deal marks a significant strategic shift for Serica, which has …

Shell’s Velox-1X exploration well offshore Egypt has encountered promising oil indicators, and raises the prospect of the first crude oil discovery in the underexplored Western Mediterranean region. [See editor's note …

The PosHYdon pilot has started production of green hydrogen on Eni’s Q13a-A gas platform in the Dutch North Sea. PosHYdon is an initiative supported by DEME, EBN, Eneco, Emerson, Gasunie, …

Talos Energy has entered an agreement to take a 50% interest in the Polok/Chinwol oil fields development in Block 29 offshore Mexico, operated by Repsol. The project, which could recover …

Eni and partner TotalEnergies have taken FID on the deepwater Cronos gas field development in Block 6 offshore Cyprus. The field was discovered in 2022, 185 km from the island’s …

TotalEnergies SE has decided to appeal a June 25, 2026, judgment by the Paris Judicial Court in a high-profile case brought under France’s 2017 corporate duty of vigilance law. The …

Namibia’s Ministry of Industries, Mines and Energy has approved TotalEnergies’ asset swap with Portugal’s Galp Energia, giving TotalEnergies operatorship of both the Venus and Mopane oil discoveries in the Orange …

Cannell: Clearly, if CCS is to achieve its core aim, injected CO 2 has to remain securely contained over the long term, and legacy wells are one of the key …

Production performance from the deepwater Sangomar oil field offshore Senegal remains strong, notably in the lower S500 reservoirs, supporting operator Woodside Energy's evaluation of a potential Phase 2 development. The …

Seatrium is not alone in pursuing offshore computing infrastructure. In the UK, Edinburgh-based Mocean Energy has introduced the Blue Core offshore data center concept, which again is designed to generate …

Vår Energi expects to complete a planned shutdown shortly of the Jotun FPSO serving the Balder area in the North Sea, partner Kistos said in a results update. The FPSO …

bp says that it has started up its Atlantis Major Facility Expansion project in the US Gulf of Mexico. The Atlantis field, discovered in 1998 and located about 150 miles …

Connectors and other hardware complete the load path between the floating facility and the anchor. Shackles, H-links and other connectors joining anchors, chain, wire rope, synthetic rope and associated components …

Seadrill has contracted Huisman to supply an AS605X Auto Slip system, designed to support more automated drill floor operations. The technology automates handling of drillpipe slips, reducing the need for …

BW Energy expects to start the MaBoMo Phase 2 drilling campaign later this quarter on the Dussafu PSC offshore Gabon. This will add four new production wells to the MaBoMo …

Britain’s North Sea Transition Authority has published two new reports that address potential issues with transporting carbon dioxide (CO 2 ) through offshore pipelines. Newbuild CO 2 pipeline requirements assessed …

A new installation campaign is under way in the US Gulf of Mexico for Beacon Energy's Monument development as Subsea7 continues work on major offshore projects spanning the Gulf, Brazil, …

bp has decided to put its UK North Sea business up for sale. Which UK North Sea assets is bp selling? bp's portfolio for sale includes interests in the Clair …

Under the contract, Allseas will lay about 50 km of 36-inch and 48-inch concrete-weight coated pipeline, connecting the onshore transmission system to a planned floating LNG facility on Pearse Island. …

Gas Networks Ireland has appointed Reganosa to perform independent technical verification services for the front-end engineering design (FEED) of the country's Strategic Gas Emergency Reserve project. The Strategic Gas Emergency …

BC Ventures, Borr Drilling’s 50:50 joint venture with its well construction partner in Mexico, has completed the acquisition of five jackup rigs from Fontis Finance for $287 million. BC Ventures …

Offshore: Deep Sea Minerals Corp. has a roughly 150,000 sq km concession in the Clarion-Clipperton Zone. What strategic edge does that scale provide? Deckelman: A concession of this size can …

Access to capital remains a critical ingredient for offshore project development, as operators balance rising energy demand, evolving market dynamics and increasing expectations for financial discipline. Offshore asked members of …

Fugro will perform wide-ranging survey services for the future Greater Sunrise and Bayu Undan projects in the Timor Sea. Woodside operates Greater Sunrise, a proposed development of the offshore Sunrise …

STS JV, the joint venture between SBM Offshore and Technip Energies, and TotalEnergies EP Suriname, have agreed to co-develop, install, test and operate a wind-assisted towing system on the GranMorgu …

Vattenfall and Copenhagen Infrastructure Partners (CIP) have contracted DEME for transportation and installation (T&I) of the 69 monopile foundations for Phase 1 of the Zeevonk offshore wind farm development in …

As offshore activity evolves around the world, we're evaluating which regions deserve deeper coverage in future Offshore special reports. Your feedback will help us prioritize the markets, projects, technologies and …

The integrated development is expected to feature fixed jacket structures typical of the shallow waters of the Arabian Gulf. It is expected to include: New offshore wellhead towers: At least …

By Gaurav Gupta, MarketsandMarkets Subsea electrification is the practice of powering seabed-mounted oil and gas equipment—pumps, compressors, separators and control systems—using electrical power delivered from a topside facility, rather than …

Plexus Holdings Plc and Houston-based Cactus Wellhead LLC have agreed to develop and qualify a range of wellhead products for offshore energy applications. Under the accord, Plexus will perform engineering, …

Velesto Drilling and PETRONAS North Ketapang have agreed to terminate a contract for the NAGA 8 jackup rig offshore Indonesia. Other parties to the agreement are PC Ketapang II Ltd. …

The Marine Minerals Administration (MMA) and the Nuclear Regulatory Commission (NRC) have signed a Memorandum of Understanding (MOU) to support the safe and responsible development of offshore nuclear energy projects …

Berthou: The offshore energy market is entering a period of unprecedented expansion. Across Europe, North America and Asia-Pacific, governments have announced ambitious offshore wind targets as part of their energy …

NEO NEXT+ awards North Sea rig contract to ADES In the UK North Sea, NEO NEXT+ Energy E&P UK has contracted ADES Holding’s Shelf Drilling Fortress jackup drilling rig for …

Energean reported that commissioning work has finished on the second oil train onboard the Energean Power FPSO, which is stationed over the Karish gas-condensate field offshore Israel. Train 2 has …

TGS, with the support of Ghana’s Petroleum Commission, will develop the Gulf of Guinea 2D-cubed project across the country’s offshore Keta Basin, the company reported earlier this week. The aim …

The contract terms cover marine warranty survey services (MWS) both offshore Papua New Guinea and at international locations to support the supply, transportation, installation, pre-commissioning and commissioning of associated equipment. …

Saipem has completed installation of the production platform for the OMV Petrom-operated Neptun Deep Gas Development project in the Romanian sector of the Black Sea. Neptun Deep is estimated to …

Allseas has contracted Vallourec to provide carbon steel seamless line pipes and thermal insulation coating for the Atapu 2 subsea production system in the Santos Basin offshore Brazil. The Petrobras-led …

Equinor has made a small but potentially commercial oil find close to the Johan Castberg infrastructure in the Barents Sea. The Skrugard North Tubåen prospect appears to contain 7.6 MMboe …

TGS has started work on two more seismic data reprocessing projects offshore eastern Canada and mid-Norway, both supported by industry funding. The Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland …

Hess Exploration and Production Malaysia has contracted Velesto Energy Berhad subsidiary Velesto Drilling for integrated rig, drilling and completion (i-RDC) services for the 2026-2028 North Malay Basin Full Field Development …

Uruguay’s regulator ANCAP has agreed to Chevron’s request to suspend the initial exploration sub-period of the AREA OFF-1 Block offshore Uruguay for one year. It will now expire on Aug. …

Expro has completed its acquisition of Norwegian managed pressure drilling (MPD) technology developer Enhanced Drilling for about NOK2 billion (US$208.4 million). The company’s MPD and riserless mud recovery services will …

By Dimitry Adamyan, Fluix The gap between capital commitment and operational delivery is widening across European wind energy. While investment is at record levels, deployment, particularly in offshore wind, is …

The proposed merger between Subsea7 and Saipem, announced in July 2025, is encountering significant regulatory hurdles in key jurisdictions, according to Reuters and other news sources. According to sources, the …

Key remaining major contractors Here are the primary players with approximate fleet positions, based on 2025–mid-2026 data. Fleets continue to evolve with sales, reactivations, attrition, and newbuilds: Transocean (pre-Valaris acquisition): …