Offshore Floating Production News

 

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Oct 23, 2026

Oil India has discovered natural gas in the shallow offshore waters of India's Krishna-Godavari Basin, with testing of its Godavari-1 appraisal well recording gas flows of up to 200,000 standard cubic meters per day.The discovery was made in the previously unappraised Matsyapuri formation within the KG-DSF/GSKW/2018 Discovered Small Field block, where Oil India is the sole operator.The company reported hydrocarbons in a reservoir interval between 2…

SLB Beats Profit Forecasts as North America Booms, Middle East Recovers

Oct 23, 2026

SLB beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the Middle East following conflict-related disruptions.Repeated flare-ups in the US-Iran conflict…

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

Oct 23, 2026

Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oct 23, 2026

Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…

New Crewsure Energy Program Provides Employee Benefits for Offshore Workers

Oct 22, 2026

Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…

TechnipFMC, BP Team Up on 20K Subsea Systems for Gulf Oil Projects

Oct 21, 2026

TechnipFMC and BP have signed a memorandum of understanding (MoU) to explore cooperation on the supply of high-pressure subsea production systems for BP's Paleogene oil developments in the U.S. Gulf.The agreement, announced on October 20, establishes…

DemoSATH Floating Wind Project Enters New Phase with Japanese Partner

Oct 20, 2026

Saitec Offshore Technologies and Japan's Kansai Electric Power Company (KEPCO) have agreed to extend operations at the 2 MW DemoSATH floating offshore wind demonstrator in Spain through 2027, with Japanese construction company Kumagai Gumi joining the project as a new partner…

Union Vega Offshore Orders Two Breeze-Designed PSVs, Options Four More

Oct 20, 2026

Union Vega Offshore has ordered two battery-hybrid platform supply vessels (PSVs) from Fujian Mawei Shipyard, with options for four additional vessels, under a design contract awarded to Breeze Ship Design.The vessels will be based on Breeze Ship Design's next-generation Z 4409 PSV design…

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Oct 20, 2026

Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…

Transocean Secures $550M in US Gulf Drillship Deals

Oct 20, 2026

Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts…

Vår Energi Makes Gas Discovery in Norwegian Sea

Oct 19, 2026

Vår Energi and Equinor have made a gas and condensate discovery at the Lakris prospect in the Norwegian Sea, with preliminary estimates indicating recoverable resources of between 1.3 million and 5.5 million barrels of oil equivalent (boe).The…

Turkey to Put First Floating Gas Platform in Black Sea

Oct 15, 2026

Turkey will send its first floating gas production platform to the Black Sea on Saturday, a move expected to roughly double output from its largest domestic gas field, Energy Minister Alparslan Bayraktar said on Thursday.The Osman Gazi platform is expected to begin production in early 2027…

IWS Fleet Hires Kongsberg Maritime to Equip Four CSOV Newbuilds

Oct 13, 2026

Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…

Equinor and Eneco Sign New Gas Deal for Dutch Market

Oct 13, 2026

Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…

DOF Group Awards North Sea Subsea Decommissioning Contract

Oct 12, 2026

DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…

Current News

Aberdeen Memorial Service Held for North Sea Oil Tycoon Sir Ian Wood

Aberdeen Memorial Service Held

DOF Group Sells Skandi Implementer Construction Vessel

DOF Group Sells Skandi Impleme

SLB Beats Profit Forecasts as North America Booms, Middle East Recovers

SLB Beats Profit Forecasts as

NOIA Launches Ocean Minerals Initiative

NOIA Launches Ocean Minerals I

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine