Offshore News


Norwegian Oil Licenses Value at $150b

Aug 19, 2026

The Norwegian government's direct ownership stakes in offshore oil and gas licences and infrastructure are valued at a total of 1.41 trillion Norwegian crowns ($150 billion), according to a survey published by the industry ministry on Wednesday…

Turkey to Collaborate in Syrian Search for Oil, Gas

Aug 19, 2026

Turkey is ready to work with Damascus to look for oil and gas in Syria, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.Turkish state oil company TPAO and private companies are ready for seismical surveys and exploration drilling both offshore and onshore in Syria…

Tech File: MacGregor LCO₂ Bow Transfer System

Aug 19, 2026

A new liquid carbon dioxide (LCO2) transfer solution built on proven technology from MacGregor enables the flexible, direct ship-to-well injection needed to support the EU’s carbon capture and storage goals.If the European Union is to meet its objective of net-zero emissions by 2050…

TGS Readies for Sarawak Phase 4 Offshore Survey

Aug 18, 2026

TGS is ready to commence the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 square kilometers.The Ramform Sovereign is scheduled to mobilize for the survey in the fourth quarter and acquisition is expected to be completed in December 2026…

SLB to Support BSP Production Restoration Project

Aug 18, 2026

SLB has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration from shut-in wells across multiple offshore fields.The contract scope spans subsurface evaluation, well candidate selection, engineering and offshore execution…

PipeSense Enters Offshore Market

Aug 18, 2026

Following a successful project off the coast of Angola, pipeline leak detection company PipeSense has expanded its capabilities to support offshore operations.Working with a multinational oil and gas operator, PipeSense deployed PipeScan, its pressure-pulse technology…

Guyana Now Entitled to Nearly 40% of Production from Stabroek

Aug 18, 2026

Guyana is now entitled to 39.8% of crude production from a large ExxonMobil-led offshore project, the country's President Irfaan Ali said on Tuesday.The change - expected to greatly increase the country's oil revenue - comes after the Exxon-led consortium…

Equinor Acquires Stake in Namibian Offshore Exploration License

Aug 18, 2026

Norway's Equinor said on Tuesday it has signed an agreement with a Chevron subsidiary to acquire a 17.4% stake in a petroleum exploration licence (PEL 90) in the Orange Basin offshore Namibia.'The transaction marks Equinor's entry into Namibia…

Geir Håøy Appointed to MacArtney Board of Directors

Aug 18, 2026

MacArtney Underwater Technology has appointed Geir Håøy, former President and CEO of KONGSBERG, to its Board of Directors, effective June 2026. Throughout his career, Håøy has worked with technologies developed and deployed in maritime, defense…

SeaDry Protects Offshore Instrumentation From Humidity

Aug 18, 2026

Excessive humidity can damage sensitive equipment in offshore measurement systems, impair data quality and necessitate costly service call-outs. Customers in offshore data collection and marine research therefore use ThoMar's SeaDry to reduce…

ExxonMobil awards $1.1B in Contracts for LNG project

Aug 18, 2026

ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…

Kongsberg Wins FPSO Deck MachineryDeal

Aug 18, 2026

Kongsberg Maritime won a contract with a major energy operator to deliver advanced deck machinery for a new Floating Production, Storage and Offloading (FPSO) vessel for an offshore development in Asia.The contract covers a fully integrated mooring and deck machinery solution…

Deployable Energy and Hornbeck Offshore Partner to Advance Nuclear Power

Aug 17, 2026

Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy's Unity Nuclear Battery. Hornbeck Offshore has also made a strategic investment in Deployable Energy…

Corvus Energy Expands Service Support in Brazil

Aug 17, 2026

Corvus Energy has entered into a strategic partnership with Belga Marine to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to efficiently meet the needs of Brazil’s expanding…

ExxonMobil Awards Contracts for Rovuma LNG Project

Aug 17, 2026

ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in pre-investment contracts for critical long-lead upstream equipment supporting the Rovuma LNG Phase 1 development in Cabo Delgado…

Current News

Woodside and PEMEX to Expand Deepwater Partnership

Pipelay Vessel Ready for UK Carbon Storage Project

Nadara Confirms Landfall Location for Bellrock Floating Wind Project

Shell Acquires Stake in BP's Conifer Prospect in the Gulf of Mexico

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