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Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Mar 18, 2026

With the sanctioning of the Gendalo, Gandang, Geng North and Gehem fields, Eni is set to deliver up to 2 bscfd of gas and 90,000 bpd of condensate at plateau. The projects leverage existing infrastructure to accelerate time‑to‑market and strengthen both domestic supply and LNG exports.Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub)…

OMV Nominates BP Executive Emma Delaney as Next CEO

Apr 10, 2026

Austrian oil and gas group OMV has proposed Emma Delaney as its new Chief Executive Officer (CEO), with the Supervisory Board set to decide on the appointment at its next meeting.Delaney is proposed to take over as Chairwoman of the Executive Board and CEO from September 1…

Prysmian Shares North American Leadership Transitions

Mar 31, 2026

Prysmian, a leader in energy and data wire and cabling solutions, recently announced changes to its leadership structure in North America to further strengthen the company’s market position in the region. 2025 marked the best year yet for Prysmian…

IMCA Welcomes DEME Offshore Energy MD as New President

Mar 24, 2026

The International Marine Contractors Association (IMCA) has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President.He succeeded Saipem’s Luca Gentili at the end of his two-year term at a meeting of IMCA’s Board on 18 March…

CNOOC Names New CEO

Mar 23, 2026

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has appointed Huang Yongzhang as Chief Executive Officer, alongside several other senior leadership roles within the company.Yongzhang has been named Vice Chairman…

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Mar 18, 2026

Vietnam's domestic crude oil production is expected to decline this decade, according to a government document released this week, increasing the country's reliance on imports as its offshore fields mature and geopolitical tensions threaten global supplies…

Liz Westcott Appointed Woodside CEO

Mar 17, 2026

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…

Petrobras to Buy Pair of Petronas' Offshore Stakes

Mar 17, 2026

Petrobras will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal, Petrobras will hold 100% of the Tartaruga Verde field and Module III of the Espadarte field…

US Mulls $1B Settlement for Abandoned Wind Farms

Mar 17, 2026

U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday…

Eni Advances Angola Gas Project, Secures $9B Credit Facility

Mar 17, 2026

Eni has marked a pair of strategic milestones, advancing its gas position offshore Angola while reinforcing its financial flexibility through a new multi-billion-dollar credit facility.In Angola, the company announced first gas from the Quiluma field…

TVO Customizes Tethered BOP Technology

Mar 16, 2026

Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…

Equinor’s Investigation Following Mongstad Fatal Accident is Complete

Mar 16, 2026

Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning and to identify measures that can strengthen safety in crane and lifting operations across the company…

Offshore Service Vessels: A Measured Market Recovery

Mar 13, 2026

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering…

Louis Dreyfus Company Appoints Landerretche CFO

Mar 13, 2026

Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland.Landerretche joined the Group in 2004, leading global ocean freight research, based in China…

Seadrill Appoints New CEO

Mar 13, 2026

Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO).Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to its new role, succeeding Simon Johnson…

Current News

Turkey Launches Deep Sea Drilling Mission in Somalia

Turkey Launches Deep Sea Drill

OMV Nominates BP Executive Emma Delaney as Next CEO

OMV Nominates BP Executive Emm

Petrobras Buys Back Petronas Stake in Two Brazil Offshore Fields

Petrobras Buys Back Petronas S

OneSubsea to Supply Production Boosting System for Shenandoah Field

OneSubsea to Supply Production

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