Offshore News

 

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…

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…

South Africa Blocks Shell's Wild Coast Exploration Plans

Aug 16, 2026

South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local communities and environmentalists.The ruling…

DOF Group Announces Subsea Contracts in the APAC Region

Aug 14, 2026

DOF Group ASA announced two subsea contract awards in the APAC Region with a combined value in the Substantial* category.Both contracts will utilize the region’s multipurpose vessels and subsea services including DOF’s in-house project management and engineering…

TGS and GTI Collaborate on Seismic Acquisition

Aug 14, 2026

TGS and Geophysical Technology Inc. (GTI), a global provider of seismic recording technology and services, have announced a strategic collaboration agreement to jointly pursue seismic acquisition projects spanning shallow water, transition zone…

Tupi Sets Petrobras Production Record

Aug 13, 2026

The Tupi field in the pre-salt layer of the Santos Basin has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in Petrobras’ 73-year history to achieve this production volume.This year, the asset also surpassed…

BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC

Aug 13, 2026

BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase, according to the British company's and government officials' announcements on Thursday…

Seatrium, Golar Ink FLNG Conversion LOI

Aug 13, 2026

Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar…

Autonomy Offshore: Uncrewed Systems Move from Trials to Critical Operations

Aug 13, 2026

When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller…

Shearwater Awarded Two 3D Seismic Acquisition Projects in India

Aug 12, 2026

Shearwater Geoservices has received two separate Letter of Awards (LOA’s) from Oil and Natural Gas Corporation Limited (ONGC), each representing a large offshore 3D seismic survey offshore India.Combined, the two projects add approximately 15 vessel months of backlog…

Gulf of Mexico Lease Sale Attracts $82.7 Million in High Bids

Aug 12, 2026

The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in March, but far less than one held in December.The Trump administration offered more than 80 million acres (32…

He Dreiht Offshore Wind Farm: Final Turbine Installed

Aug 12, 2026

Cadeler completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, under its long-term contract with Vestas.Cadeler’s scope of the installation…

Borr Drilling Reports Quarterly Loss

Aug 12, 2026

Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026…

Karoon Energy Approves U.S. Who Dat East Development

Aug 12, 2026

The Who Dat East Joint Venture, operated by LLOG, has sanctioned the development of the Who Dat East field. The field, located in lease MC 509-1, is in a water depth of approximately 1,300 metres.The Who Dat East project is a one-well development…

Cadeler Acquires Offshore Wind Foundation Specialist

Aug 11, 2026

Offshore wind installation contractor and operator Cadeler has acquired Menck, a global provider of specialist equipment and technology solutions for offshore foundation installation based in Germany.The acquisition strengthens Cadeler’s offshore wind installation capabilities…

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