Offshore Deepwater News


TotalEnergies Makes Middle East Oil Trades After US Navy Buildup in Gulf

May 29, 2026

French oil major TotalEnergies made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday…

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

May 29, 2026

Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done, an executive from the company said on Thursday.The contract for the FPSOs is set to be signed soon…

Equinor Taps DeepOcean for Norwegian Continental Shelf Subsea Work

May 28, 2026

DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…

Nordic Investors to EU: Nix Notion of Arctic Drilling

May 27, 2026

Financial institutions and investors have urged the European Union to maintain its opposition to new Arctic oil and gas drilling, as the bloc weighs revising its stance to prioritise energy security.The call highlights investor unease that the energy crisis triggered by the U…

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)…

Well-Safe Expands Into Well Operatorship with First UK North Sea Job

May 26, 2026

Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…

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…

Meet VideoRay’s new Mission Specialist Wraith

May 21, 2026

Mission Specialist SeriesIntroducing the VideoRay WraithThe new Mission Specialist Wraith from VideoRay is a next-generation compact ROV that sets a new standard in subsea agility, power, and operational versatility. Featuring a ten-thruster design with true six-degrees-of-freedom control…

Shell’s Deepwater Mars Hits One Billion Barrels, with More to Come (Video)

May 21, 2026

Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…

TGS Secures OBN Survey Contract off Norway

May 21, 2026

Energy data and intelligence specialist TGS has secured of an ocean bottom node (OBN) contract in the Norwegian North Sea.Mobilization will start in June, and the contract has a duration of approximately 25 days.'We are very pleased to secure…

Equinor and Aker BP Swap Stakes in Norwegian Offshore Fields

May 21, 2026

Equinor and Aker BP have agreed to swap stakes in several oil and gas fields offshore Norway, as part of a strategic collaboration aimed at increasing production and value creation across selected areas.The companies said the agreement focuses initially on the Troll-Fram…

Liebherr Completes Offshore Crane Overhaul on ZITON’s Jack-Up Vessel

May 19, 2026

Crane specialist Liebherr has completed an extensive inspection and refurbishment of a BOS 35000 offshore crane aboard ZITON’s jack-up vessel Wind Enterprise during a 10-day service campaign in Denmark.The board offshore crane was installed…

Adura Hires Shearwater for OBN Seismic Survey Job on North Sea Field

May 19, 2026

Offshore seismic services firm Shearwater Geoservices has secured an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field in the UK sector of the North Sea by Adura.The two-month survey will deliver high-resolution OBN data…

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

May 18, 2026

Yinson Production has secured a $131.5 million senior secured bank financing facility together with joint venture partner PTSC for a floating storage offloading (FSO) vessel being built for the Block B gas project offshore Vietnam.The company said the facility…

Current News

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