Offshore Regions News


Windward Offshore Completes Four-Vessel Vard-Built CSOV Fleet (Video)

13 hours ago

Windward Offshore has taken delivery of the Windward Hamburg, completing its four-vessel series of purpose-built commissioning service operation vessels (CSOVs) ordered from shipbuilder Vard.The delivery brings the Windward Hamburg into the fleet alongside sister vessels Windward Athens…

Europe’s Largest Industrial Carbon Capture Facility Opens in Netherlands

14 hours ago

Yara has officially inaugurated a carbon capture facility capable of capturing and liquefying up to 800,000 tonnes of CO2 annually at its Sluiskil ammonia and fertilizer plant in the Netherlands, establishing what it describes as the first complete cross-border carbon capture…

Petronas Turns to AI to Accelerate Upstream Investment

15 hours ago

Malaysia's state energy firm Petronas has signed an agreement with Iraya Energies to integrate agentic artificial intelligence capabilities into its myPROdata upstream data platform, aiming to accelerate the evaluation of exploration and production opportunities in Malaysia…

Brazil's 2027 Pre-Salt Oil Auction Could Bring in $4.4B

16 hours ago

Brazil's government expects to raise 22.4 billion reais ($4.4 billion) from an extraordinary pre-salt oil auction in 2027, according to an annex to the budget bill submitted to Congress, a revenue source that will be crucial to achieving its…

Papua LNG Nears FID as ExxonMobil Takes Operatorship

16 hours ago

Papua LNG has reached a series of commercial and contractual milestones ahead of a final investment decision (FID), including a transfer of operatorship from TotalEnergies to ExxonMobil and a reduction in estimated project capital expenditure to around $14 billion…

Eni's Venezuela Expansion Opens Path to Recover $2.3B Debt

17 hours ago

Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday.After nearly three decades in Venezuela, Eni…

UK Set to Clear Jackdaw Gas Field for Production

17 hours ago

Britain is expected to give approval on September 15 to bring the Jackdaw gas field online, ending years of legal delays, The Times newspaper reported on Friday, citing government sources.The decision on the field, which is operated by a joint…

Sea Lion Oil Project Caught in Argentina-Falklands Oil Dispute

17 hours ago

Argentine President Javier Milei's push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put Israeli investors at the centre of a sovereignty dispute over which Britain and Argentina went to war in 1982…

Northern Territory Shale Developers Look Towards LNG Production

Sep 04, 2026

Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…

Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling

Sep 03, 2026

Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…

Iran Creates Oil Bonanza for the Americas

Sep 01, 2026

From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…

Floatel Triumph Lined Up for Brazil MSU Work

Aug 28, 2026

Floatel International has secured a letter of intent for its Floatel Triumph semi-submersible unit to provide Maintenance and Safety Unit (MSU) services offshore Brazil for four to eight months.The assignment is scheduled to start in the first quarter of 2027…

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Aug 28, 2026

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area, allowing the partners to continue petroleum exploration…

PMS Completes Subsea Pipeline Installation at Egypt’s Kamose Gas Field

Aug 28, 2026

Petroleum Marine Services (PMS) has completed the installation of three subsea pipelines for the fourth phase of the Kamose offshore gas field development in Egypt, clearing the way for the installation of three new production platforms.The project…

Current News

OneSubsea To Supply Umbilicals for Azule Energy’s Project off Angola

Windward Offshore Completes Four-Vessel Vard-Built CSOV Fleet (Video)

Europe’s Largest Industrial Carbon Capture Facility Opens in Netherlands

Petronas Turns to AI to Accelerate Upstream Investment

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