Shell and INEOS Energy have confirmed an oil discovery in the Norphlet formation in the Gulf of America that could be tied back to the Appomattox production platform.The Nashville exploration well, operated by Shell with a 79% working interest…
Italian engineering group Saipem has secured an offshore engineering, procurement, construction and installation contract in Qatar with a total value of about $4 billion, of which its share amounts to approximately $3.1 billion.The contract…
Harbour Energy has entered into an agreement to acquire LLOG Exploration Company for $3.2 billion, marking its entry into the deepwater U.S. Gulf of America and strengthening its global offshore portfolio.The deal, which includes $2.7 billion in cash and $0…
Saipem has obtained ISO 55001:2024 certification, the international standard for asset lifecycle management, marking a significant milestone in its journey towards operational excellence and offshore sustainability.The certification, issued by DNV…
Subsea engineering company TechnipFMC has won a substantial engineering, procurement, construction and installation contract from Italy’s Eni for the Coral North floating liquefied natural gas (FLNG) development offshore Mozambique.The contract covers subsea scope for Coral North…
Subsea7 has secured a contract by ConocoPhillips Skandinavia, subsidiary of ConocoPhillips, for the Previously Produced Fields (PPF) development, offshore Norway.Subsea7’s scope covers engineering, procurement, construction and installation (EPCI) of subsea structures…
Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, has secured a 12-year agreement with Ovintiv for its floating liquefied natural gas (FLNG) facility, being developed on Canada’s West Coast.The agreement, signed…
Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…
Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…
Subsea7 has secured a contract from Chevron Australia for subsea installation work on the Gorgon Stage 3 (GS3) project, offshore Australia.Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation…
Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas…
Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…
Global energy technology company SLB have signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry…