Offshore News

 

Equinor Makes New Oil Discovery at Johan Castberg

Mar 18, 2026

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the “Polynya Tubåen” prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume…

SLB OneSubsea Awarded Integrated EPC Contract by CNOOC

Mar 17, 2026

SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…

Liz Westcott Appointed Woodside CEO

Mar 17, 2026

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…

bp Confirms New Gas Consortium Project Startup in Angola

Mar 17, 2026

bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries…

BOEM Issues Notice of Intent for Offshore Well Stimulation Work

Mar 17, 2026

The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda…

US Mulls $1B Settlement for Abandoned Wind Farms

Mar 17, 2026

U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday…

Seadrill Awarded Contract Extension in Angola

Mar 16, 2026

Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…

Petrobras to Purchase Petronas' Stakes in Two Offshore Fields

Mar 16, 2026

Brazilian state-run firm Petrobras said on Monday it had decided to exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal,…

US Panel Could Scrap Endangered Species Protections for Gulf of America

Mar 16, 2026

The Trump administration is weighing a broad exemption from protections for endangered species for oil and gas drillers operating in the Gulf of America.The move is aligned with President Donald Trump's goals to unwind what he says are burdensome…

Kent Awarded FEED Contract for Prinos Carbon Storage Project

Mar 16, 2026

Kent has been selected by EnEarth, to perform the front end engineering design (FEED) for the Prinos CO₂ Storage Project in Northern Greece.Kent will develop the FEED design for the new CO₂ handling and storage facility, which will receive, store…

BP Wins US Approval for Kaskida Project

Mar 15, 2026

British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday.The $5 billion investment would unlock…

Revolution Wind Now Delivering Power to New England

Mar 15, 2026

Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14.Revolution Wind, a 704MW offshore wind energy project, is expected to supply enough electricity to power more than 350…

Trump Administration Directs Sable Offshore to Restore Santa Ynez Operations

Mar 15, 2026

The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.The move aims to restart oil production at a cluster of offshore platforms as fuel prices continue to rise in the wake of the war on Iran…

Maersk Offshore Names New WTIV Ahead of US Offshore Wind Deployment

Mar 13, 2026

Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation fleet.The naming ceremony was held on board the vessel…

Iranian Oil Exports Continue Through Hormuz Strait as Gulf Flows Stall

Mar 13, 2026

Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker tracking data showed…

Current News

Teledyne eXtreamer for Seismic Data Receives 2026 Spotlight on New Technology Award

Teledyne eXtreamer for Seismic

Iran War Reshapes Global LNG Trade

Iran War Reshapes Global LNG T

US Exempts Gulf of Mexico Drillers from Endangered Species Rules

US Exempts Gulf of Mexico Dril

Fugro to Conduct Site Investigation for South America’s First Offshore Wind Project

Fugro to Conduct Site Investig

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