Offshore Regions News - page 2

 

Tenaris Opens Suriname Service Center to Support GranMorgu Offshore Project

Jul 01, 2026

Steel pipe supplier Tenaris has started operations at a new service center in Suriname to support the GranMorgu offshore project, operated by TotalEnergies with APA Corporation and Staatsolie Maatschappij Suriname as partners.Located in Paramaribo…

Fred Olsen’s Floating Solar Unit Advances to Exposed Waters with DNV’s Blessing

Jul 01, 2026

DNV has completed an independent technical review of Fred Olsen 1848's BRIZO floating solar system, supporting the technology's progress toward project development, bankability discussions and future commercial deployment.The BRIZO floating photovoltaic (FPV) system is designed to operate in inland…

Aker Solutions Secures Offshore Wind HVDC Substructure Contract

Jul 01, 2026

Aker Solutions has been awarded a substantial contract to deliver a high-voltage direct current (HVDC) substructure for a European offshore wind project by an undisclosed customer.The company's scope of work includes engineering, procurement and construction…

Shell Agrees $1.7B Gulf Deepwater Assets Sale to Talos Energy and Ridgewood

Jul 01, 2026

Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…

Eni and Mercuria to Form Global Energy Trading Joint Venture

Jul 01, 2026

Italian energy major Eni and commodities trading group Mercuria have signed an agreement to establish an equally owned joint venture to oversee energy commodities trading activities across global energy markets.The joint venture will operate…

Transocean Nets $1B Rig Deals with Equinor Offshore Norway

Jul 01, 2026

Offshore drilling contractor Transocean has signed a conditional agreement with Equinor for the use of three harsh-environment semi-submersible rigs on the Norwegian continental shelf, adding more than $1 billion to its contract backlog.The agreement…

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Jun 30, 2026

SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley initiative to support applied research, technology deployment and digital innovation programs aligned with Kuwait's long-term energy objectives…

QatarEnergy, ExxonMobil Declare Cyprus Gas Discoveries Commercial

Jun 30, 2026

QatarEnergy, ExxonMobil and the Government of Cyprus have signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block 10 offshore Cyprus, marking a step forward in the development of the country's offshore gas resources…

Rhino Confirms Connected Oil Reservoir at Namibia's Capricornus Discovery

Jun 30, 2026

Rhino Resources has confirmed the presence of an oil-bearing reservoir in pressure communication with the Capricornus-1X discovery through an appraisal well offshore Namibia, advancing the development of the Capricornus accumulation in the Orange Basin…

Glamox Creates New Executive Role to Drive Commercial Growth

Jun 30, 2026

Lighting company Glamox has appointed Elisabeth Tapper as its chief business and marketing officer, a newly created role aimed at strengthening customer focus, commercial excellence and business development across its global operations.Tapper…

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

Jun 30, 2026

Sunda Energy has started evaluating options for the planned Chuditch-2 appraisal well offshore Timor-Leste following discussions with regulators and its joint venture partner, while separately advancing its acquisition of a New Zealand production business…

MODEC Sends Brazil FPSO to Denmark for Recycling After 17 Years in Operation

Jun 30, 2026

Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil…

Vallourec Nets Pipe Supply Deal for Angola's Greater PAJ project

Jun 30, 2026

Vallourec has been awarded a major contract by Azule Energy to supply line pipes for the Greater PAJ offshore development in Angola, one of the largest deepwater projects currently under development in the country.Under the contract, Vallourec will supply more than 26…

Santos Secures Domestic Gas Agreement for South Australian Reserve

Jun 30, 2026

Santos has signed a gas sale agreement with the South Australian government to supply 200 petajoules (PJ) of domestic gas over 10 years from 2030 to 2040 for the state's Strategic Gas Reserve.Under the agreement, Santos will supply 20 PJ of gas annually over the contract term…

Vår Energi Swaps Assets with Equinor to Bolster Gjøa Position

Jun 30, 2026

Vår Energi and Equinor have agreed to swap assets on the Norwegian continental shelf, with Vår Energi increasing its exposure around the Gjøa area and Equinor strengthening its position in the Troll-Fram region.Under the agreement, Vår Energi will acquire a 32…

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