Deepwater Millenium News


Shell Nigeria Starts Maintenance on Bonga FPSO, Trims Oil Exports

Feb 02, 2026

Shell Nigeria Exploration and Production Company has begun planned maintenance on its Bonga deepwater oil vessel, a move that will temporarily cut Nigeria’s oil export capacity by about 225,000 barrels per day but could extend the asset’s lifespan…

Equinor Extends Seadrill Drillship’s Stay off Brazil

Jan 30, 2026

Equinor has exercised a one-year priced option for Seadrill’s ultra-deepwater drillship West Saturn for operations offshore Brazil.The exercised option adds $114 million to contract backlog and extends the original contract, which started in 2022…

Subsea7 Gets Shell’s Contract for Deepwater Development off US

Jan 30, 2026

Subsea7 has secured a sizeable contract by Shell for the Kaikias Waterflood project, a deepwater development in the Mars-Ursa Basin, off the Louisiana coast in the United States.The scope of work includes the transportation and installation of a subsea umbilical…

BP in Trinidad and Tobago Interested in Cross-Border Opportunities with Venezuela

Jan 26, 2026

BP's head of Trinidad and Tobago said on Monday the oil and gas major is still interested in cross-border opportunities with Venezuela, despite the government in Caracas suspending all bilateral energy agreements with its neighbor last year…

Noble Scoops $1.3B in Drilling Contracts, Enters Norway's Floater Market

Jan 26, 2026

Offshore drilling contractor Noble Corporation has secured new contract awards for nine rigs totaling about $1.3 billion in backlog, including a three-year deal that marks its entry into Norway’s harsh-environment floater market.The largest…

Nigeria Backs Shell’s Bonga South West Oil Project with Fresh Incentives

Jan 23, 2026

Nigerian President Bola Tinubu has approved 'targeted, investment-linked' incentives for Shell's Bonga South West deepwater oil project following a meeting with the company's CEO, Tinubu's office said.The proposed incentives are the latest in…

TotalEnergies, BluEnergies Agree Joint Study on Liberia Deepwater Play

Jan 16, 2026

TotalEnergies has entered into a joint study and application agreement with Canada’s BluEnergies to assess the hydrocarbon prospectivity of the Harper Basin fan play offshore Liberia.Under the agreement, BluEnergies and the Liberian upstream…

ExxonMobil Enlists Shearwater for 3D Seismic Survey in South America

Jan 15, 2026

Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater.The deepwater survey offshore Trinidad and Tobago will cover approximately 6…

Archer Awarded Integrated Deepwater P&A Contract in the Gulf of America

Jan 14, 2026

Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment (P&A) contract with Equinor for the Titan platform in the Gulf of America (GoA).The service offerings under the contract includes project management, well engineering…

Bulgarian Energy Holding to Acquire 10% Stake in Black Sea Oil Exploration Block

Jan 14, 2026

Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…

HD Hyundai Gets ABS Clearance for Next-Gen Floating Offshore Substation

Jan 13, 2026

American Bureau of Shipping (ABS) has issued approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its new design of a floating offshore substation to support deepwater wind farms.The substation concept received a SMART (SHM) Tier 3 AiP from ABS…

Delfin LNG Project Moves Closer to FID as SHI Gets Extension

Jan 12, 2026

Delfin Midstream has extended a letter of award with Samsung Heavy Industries (SHI) and placed orders for critical liquefaction equipment, as the company moves toward a final investment decision on the first floating LNG vessel for its Delfin LNG project…

DeepStar Enlists 4Subsea for Polyester Mooring Line Monitoring Task

Jan 09, 2026

4Subsea, a provider of tech solutions for the offshore energy industry, has been awarded a project under the DeepStar consortium to develop an industry guideline for monitoring polyester mooring lines used in deepwater floating systems, the company said…

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Jan 06, 2026

Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

DOF Group ASA Contract Award for Well Intervention Services in North America

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

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