U.S. oilfield services provider Halliburton has introduced the HyperSteer MX directional drill bit, a shankless matrix-body bit designed to improve durability, enhance directional control, and reduce well construction time.The new bit delivers longer drilling runs…
U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico.The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team…
The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…
An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…
Production at Brazilian state-run oil firm Petrobras' P-69 offshore oil platform, in the country's Tupi field, was temporarily interrupted due to a routine safety procedure, the company told Reuters in a statement on Monday.The platform, which produced an average of 106…
Malaysia's Yinson Production has held a steel cutting ceremony for a floating storage and offloading (FSO) unit, bound for deployment at Block B gas field offshore Vietnam.The steel cutting ceremony, held on December 19, 2025, marked the construction start of the FSO Block B…
Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric Industries, Furukawa Electric and Nippon…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil discovery in the Bohai Sea, dubbed Qinhuangdao 29-6, adding over a 100 million tons of oil equivalent in-place.The oil property at the Qinhuangdao 29-6 oil field is medium-heavy crude…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…
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…
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…
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…
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…
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