Offshore News


CNOOC Starts Full Production at Bohai's Kenli Oilfield

May 27, 2026

China's CNOOC said on Wednesday that it has started full production at the Kenli 10-2 oilfield Phase I in the south Bohai Sea, offshore northern China, with output exceeding 20,440 barrels of oil per day, state media reported.China's biggest…

Amplitude Energy Takes Stake in Artisan Gas Field

May 26, 2026

Amplitude Energy has signed a binding agreement to purchase a 50% interest in VIC/L35, containing the Artisan gas field in the Offshore Otway Basin, Australia, from Beach Energy.Artisan is an existing discovered resource in the Offshore Otway Basin…

SBM Offshore’s SWIR Technology Receives ABS Statement of Maturity

May 26, 2026

ABS has issued a Statement of Maturity for SBM Offshore’s Seawater Intake Riser (SWIR) technology.Developed in collaboration with Shell, the SWIR technology features an innovative technique to pump colder seawater from approximately 700 meters…

Baker Hughes Expands Integrated Well Construction Contract with Petrobras

May 26, 2026

Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…

Occidental Petroleum Acquires 10% Stake in Exxon Block Offshore Trinidad

May 26, 2026

Occidental Petroleum is acquiring a 10% stake in Exxon Mobil’s deepwater exploration block offshore Trinidad and Tobago, according to two people familiar with the matter.Exxon was previously the sole owner of the large offshore block, known as UD(1)…

Strategic Marine Delivers More Supa Swath CTVs to Mainprize Offshore

May 26, 2026

Strategic Marine and Mainprize Offshore have signed a Protocol of Delivery and Acceptance (PODA) for the MO15 and MO16 crew transfer vessels (CTVs), extending a multi-vessel offshore renewables vessel program announced in 2024.The agreement follows the earlier delivery of the MO10…

ABL Gets Onboard Australia’s Largest Offshore Decom Campaign

May 26, 2026

ABL has been hired to support Esso Australia Resources as preparations advance for what the company described as Australia’s largest offshore decommissioning campaign in the Bass Strait.The Gippsland Decommissioning Campaign #1 Project is expected…

Reach Subsea, Beacon Offshore Form Australian Subsea Partnership

May 26, 2026

Norwegian subsea services firm Reach Subsea has signed a memorandum of agreement with Beacon Offshore to establish a strategic partnership targeting subsea projects offshore Australia.Under the agreement, the companies will collaborate exclusively on marketing…

Jumbo Orders Two Next-Gen Heavy-Lift Vessels from Dajin

May 26, 2026

Dajin Heavy Industry, via its subsidiary Tangshan Dajin Offshore Engineering, has signed a contract with a Dutch shipowner Jumbo Maritime to build two next-generation multi-purpose heavy-lift vessels.The contract is valued at approximately $156 million and covers the design…

Three Dead After Incident at Petronas' FSO Offshore Malaysia

May 26, 2026

Petronas has confirmed that an incident occurred during lifeboat maintenance work at the Sepat floating, storage and offloading (FSO) unit offshore Malaysia, resulting in three fatalities and one injury.The incident occurred at approximately 12:50 p…

Eni, Partners Take FID on Baleine’s Next Phase off Côte d’Ivoire

May 26, 2026

Eni and its partners Petroci and Vitol have approved the final investment decision (FID) for the Baleine Phase 3 project offshore Côte d’Ivoire, advancing development of what the company described as the country’s largest hydrocarbon discovery…

ExxonMobil Seeks Approval for Project Offshore Guyana

May 25, 2026

Exxon Mobil has applied to Guyana's Environmental Protection Agency (EPA) for authorization to develop the Haimara gas-condensate discovery in the offshore Stabroek block, the agency said on Sunday. The project would be the consortium's ninth development in the block…

Bangladesh Offers Sweetened Terms in Offshore Tender

May 24, 2026

Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

May 22, 2026

Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…

CIP Remains Eager to Invest in Italian Offshore Wind

May 21, 2026

Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…

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