Field Development News


OneSubsea to Supply Production Boosting System for Shenandoah Field

Apr 10, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by Beacon Offshore Energy to supply a subsea boosting system for the Shenandoah field in the Gulf of America.The contract covers delivery of a high‑pressure…

Subsea7 Nets Over $1.2M for Work at Petrobras’ Sépia 2 off Brazil

Apr 10, 2026

Subsea7 has secured a supermajor contract by Petrobras for the development of the Sépia 2 field in the Santos Basin offshore Brazil.The contract, awarded following a competitive tender, covers engineering, procurement, fabrication, installation and pre-commissioning of subsea umbilicals…

Shell Targets 2027 Gas Start-Up at Loran-Manatee Field

Apr 10, 2026

Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday…

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Apr 09, 2026

Israel's energy ministry said on Thursday that it had instructed Energean to begin resuming operations at the Karish natural gas platform off Israel's Mediterranean coast following the U.S. ceasefire with Iran.The platform has been closed since February 28…

Perenco Expands Southern North Sea Portfolio

Apr 08, 2026

Perenco has completed the acquisition of Saturn Banks assets in the U.K. Southern North Sea after receiving regulatory approval.The transaction, agreed with CalEnergy Resources, includes the purchase of CalEnergy North Sea Limited and CalEnergy Infrastructure Limited…

China Connects Its 'Deepest' Offshore Wind Farm to Grid

Apr 08, 2026

China Huaneng Group (CHNG) has connected the 504 MW offshore wind project off the Shandong Peninsula to the grid, which is now operating at full capacity.The Huaneng Shandong Peninsula North offshore wind farm comprises 42 turbines of 12 MW each…

Norway Flags Major Gas Discovery as Development Window Narrows

Apr 08, 2026

The Norwegian Offshore Directorate (NOD) has put in focus a major undeveloped gas discovery in the Norwegian Sea that could offer significant value, but warned that time is running out to bring it into production.The Gro discovery, located about…

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

Apr 08, 2026

Sunda Energy has signed a letter of intent (LoI) with Finder Energy to collaborate on securing a drilling rig for planned offshore campaigns in Timor-Leste.The agreement, signed between Sunda’s subsidiary SundaGas and Finder’s Timor-Leste unit…

SLB to Collaborate with Petronas Suriname

Apr 07, 2026

SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions…

Eni Makes Gas Discovery Offshore Egypt, Eyes Fast-Track Development

Apr 07, 2026

Eni has made a gas and condensate discovery offshore Egypt, with preliminary estimates indicating about 2 trillion cubic feet of gas in place.The discovery was made at the Denise W-1 exploration well in the Temsah concession in the Eastern Mediterranean…

PRIO Ramps Up Wahoo Output with Third Well Offshore Brazil

Apr 07, 2026

Brazilian oil and gas firm PRIO has brought a third producing well online at its Wahoo field offshore Brazil, as it advances plans to ramp up output to 40,000 barrels per day by the end of April.The company said production from the third well has stabilized at around 10…

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Apr 07, 2026

India’s state-owned oil firm Oil and Natural Gas Limited (ONGC) has contained the fire that broke out at its SHP platform in the Mumbai High offshore field, with multiple workers sustaining minor injuries.The company said the incident occurred at around 17:45 local time on April 6…

Aker BP Brings Symra Field On Stream Nine Months Early

Apr 07, 2026

Aker BP has started oil production from the Symra field in the North Sea nine months ahead of original schedule.The field is estimated to contribute approximately 63 million barrels of oil equivalent to the Eiga area.Symra is located approximately…

Seadrill’s West Polaris Drillship on Prolonged Stay with Petrobras off Brazil

Apr 06, 2026

Offshore drilling contractor Seadrill has secured a 1,095-day contract extension for the West Polaris drillship with Petrobras offshore Brazil, adding about $480 million to its backlog.The extension will see the ultra-deepwater drillship continue operations at the Búzios field in the Santos Basin…

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Apr 06, 2026

Rex International Holding, via its subsidiary Masirah Oil Limited, has announced that the drilling of three development wells at the Yumna field offshore Oman is now expected to begin in May 2026, later than previously planned.Masirah Oil, which operates Block 50 with a 100% interest…

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