Offshore Regions News

 

ConocoPhillips Hires Noble Corporation’s Jack-Up for Ekofisk P&A Work

Aug 07, 2026

Offshore drilling contractor Noble Corporation has secured a contract from ConocoPhillips Skandinavia for the ultra-harsh environment jack-up Noble Interceptor to support plug and abandonment (P&A) operations in the Greater Ekofisk Area offshore Norway.The contract is scheduled to begin in the third quarter of 2027 and has an estimated duration of 670 days.'We appreciate the opportunity to support ConocoPhillips' operations offshore Norway with the Noble Interceptor…

Zenith Energy to Lead Phase 2 of Northern Endeavour Decommissioning

Aug 20, 2026

Australia’s Department of Industry, Science and Resources has engaged Zenith Energy Australia to conduct planning, engineering and regulatory activities to plug and abandon the Laminaria and Corallina wells in the Timor Sea.Phase 2 focuses on…

Chevron Discovers Oil and Gas Condensate Offshore Angola

Aug 17, 2026

Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…

Petrobras Discovers Hydrocarbons in Ultra-Deep Waters Off Amapá

Aug 16, 2026

Petrobras has identified the presence of hydrocarbons in an exploratory well being drilled in block FZA-M-59, in deep waters off the coast of Amapá in the Amazon River mouth sedimentary basin on the Brazilian equatorial margin.The Morpho well…

Russian Crude Production Falls Lower Amidst Global Uncertainty, Sanctions

Aug 14, 2026

Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 2026, affecting the nation’s crude production outlook. Factoring in these disruptions…

Siemens Energy to Supply Power Generation, Gas Compression to Brazil FPSOs

Aug 10, 2026

Siemens Energy has been selected by SBM Offshore, a Dutch provider that manages floating oil production platforms, to supply power generation and gas compression systems for Petrobras.The equipment’s will be installed on the floating production…

SLB, Equinor to Upgrade Vessel Under Multi-Year Well Stimulation Deal

Aug 07, 2026

SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated…

ExxonMobil Enlists McDermott JV for Rovuma LNG Pre-FID Work

Aug 07, 2026

McDermott Energy Solutions (UK), a majority shareholder in the SMDC joint venture, has received a letter of intent from ExxonMobil Mozambique, on behalf of the Area 4 partners, covering limited engineering and procurement services for the Rovuma LNG Phase 1 midstream development in Mozambique…

ConocoPhillips Announces CEO Succession and CFO Appointment

Aug 07, 2026

ConocoPhillips has appointed Andy O'Brien as president and chief executive officer (CEO), succeeding Ryan Lance, who will retire from the role and assume the position of executive chair of the board in a transitional capacity.The company also…

Ratio Raises Takeover Bid for Pharos after Rival Serica Offer

Aug 07, 2026

Ratio Petroleum has increased its recommended all-cash offer for Pharos Energy after a competing bid from Serica Energy, with the revised proposal valuing the London-listed oil and gas company at approximately $197 million (£146.4 million).The revised proposal represents a premium of about 29…

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Aug 07, 2026

Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through a project delivered by ConocoPhillips and operator CNOOC.The development adds two new wellhead platforms, four platform…

Oil Climbs as Hormuz Transit Plan Raises Fresh Concerns

Aug 07, 2026

Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents…

BP to Take Full Ownership of Calypso Offshore Gas Project

Aug 07, 2026

BP has agreed to acquire Woodside Energy's 70% interest in Block TTDAA 14, which contains the Calypso gas project offshore Trinidad and Tobago, increasing its stake to 100% and assuming operatorship.The transaction is expected to close by the end of 2026…

ExxonMobil Picks Sercel's Marlin for Guyana Offshore Operations

Aug 06, 2026

ExxonMobil Global Projects has selected Sercel's Marlin solution to support the management of simultaneous operations (SIMOPS) on the Whiptail project in the Stabroek Block offshore Guyana.Under a one-year contract, Sercel will deploy the Marlin…

Prysmian Acquires Scottish High-Voltage Cable Jointer Training Centre

Aug 06, 2026

Prysmian has acquired a high-voltage cable jointer training facility in North Ayrshire, Scotland, bringing more than 20 apprentice jointers and the centre's training staff into the company as it strengthens workforce capabilities for underground and subsea transmission projects…

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