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ExxonMobil awards $1.1B in Contracts for LNG project

Aug 18, 2026

ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…

Deepwater FIDs Set to Drive Sub-Saharan Africa Production Growth

Aug 18, 2026

Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…

Kongsberg Wins FPSO Deck MachineryDeal

Aug 18, 2026

Kongsberg Maritime won a contract with a major energy operator to deliver advanced deck machinery for a new Floating Production, Storage and Offloading (FPSO) vessel for an offshore development in Asia.The contract covers a fully integrated mooring and deck machinery solution…

Shearwater Boosts Seismic Processing with NVIDIA Superchip

Aug 17, 2026

Shearwater has announced a key milestone in the continuous development of its Reveal seismic processing and imaging software, with the platform now running on the Arm architecture using the NVIDIA GH200 Grace Hopper Superchip.Early benchmarks…

Deployable Energy and Hornbeck Offshore Partner to Advance Nuclear Power

Aug 17, 2026

Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy's Unity Nuclear Battery. Hornbeck Offshore has also made a strategic investment in Deployable Energy…

TGS Launches Gemini X

Aug 17, 2026

TGS has launched Gemini X, the operational combination of its Gemini Enhanced Frequency Source and Apparition encoding technology, enabling coordinated multi-source acquisition.Gemini X delivers a step change in operational efficiency, sharper subsurface imaging…

Corvus Energy Expands Service Support in Brazil

Aug 17, 2026

Corvus Energy has entered into a strategic partnership with Belga Marine to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to efficiently meet the needs of Brazil’s expanding…

UK Rosebank Field Project Progresses Through Legal Requirements

Aug 17, 2026

Adura has welcomed the conclusion of the public consultation period on the Rosebank oil and gas field, a significant regulatory milestone before a formal decision on the project.The end of the consultation by the Offshore Petroleum Regulator…

ExxonMobil Awards Contracts for Rovuma LNG Project

Aug 17, 2026

ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in pre-investment contracts for critical long-lead upstream equipment supporting the Rovuma LNG Phase 1 development in Cabo Delgado…

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…

Equinor Buys $940m Stake in Gas-Fired Power Plant

Aug 17, 2026

Norwegian energy group ‌Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million…

Tekmar Receives $1m Contract for Offshore Wind Concrete Protection

Aug 17, 2026

Tekmar Group plc, a provider of asset protection technology and offshore energy services, announced it has been awarded a USD$1.16 million (c.€1 million) contract with a submarine cable contractor for concrete protection solutions as part of…

Glomar Debuts New Multi-Purpose OSV Design

Aug 17, 2026

C-Job Naval Architects and Glomar unveiled the design of a next-generation Offshore Support Vessel (OSV) that the pair claims provides a breakthrough in versatility and sustainable engineering.Purpose-built as Glomar’s first vessel of its kind…

The Gulf of America Remains the World's Offshore Innovation Laboratory

Aug 17, 2026

For generations, the Gulf of America has served as the proving ground for offshore innovation. Every major chapter in modern offshore energy has depended upon American engineers, geoscientists, mariners, fabricators, regulators, and offshore workers to solve problems many believed were beyond reach…

MOBY Robotics: A New Playbook for Subsea Mineral Recovery

Aug 17, 2026

Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take a leadership role in the discovery and recovery of subsea minerals market.The race to secure critical minerals from the deep ocean has accelerated dramatically over the past two years…

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