Offshore Floating Production News

 

Eni, NOC Find Gas in Offshore Libya Exploration Well

Apr 09, 2026

Libya's state-run National Oil Corporation (NOC) and Eni have made a new gas discovery in Area D, in the offshore area west of Libya.The discovery follows the successful drilling of the 1-16/4 exploratory well in Contract Area 4/16, operated by Eni North Africa, about 95 km offshore.Drilling reached a final depth of 10,458 feet, with testing in the Metloui reservoir indicating gas flow rates of 14 million cubic feet per day and 24 million cubic feet per day across two tests…

Evolve Energy Inks Race Bank Offshore Wind PPA with Shell

Apr 15, 2026

Evolve Energy has signed a long-term power purchase agreement with Shell Energy Europe to secure electricity from the Race Bank offshore wind farm in the North Sea.The agreement runs until 2035 and will supply about 112 GWh of renewable electricity per year…

CoreMarine, Jumbo Offshore Collaborate on Argentina FLNG Installation & Hook-up Project

Apr 13, 2026

CoreMarine & Jumbo Offshore have announced the award of a significant contract to perform the transport and installation of the soft-yoke (SSY) mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías…

NYK Employs 3D Technology to Design and Construct New CTVs

Apr 13, 2026

NYK has jointly implemented a crew transfer vessel (CTV) newbuilding project that applies 3D technology as a core platform throughout the design and construction process.This project is being carried out in collaboration with Kosaba Shipbuilding Co…

Borr Drilling Expects Higher Activity as Rigs Return to Work

Apr 13, 2026

Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…

OneSubsea to Supply Production Boosting System for Shenandoah Field

Apr 10, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by Beacon Offshore Energy to supply a subsea boosting system for the Shenandoah field in the Gulf of America.The contract covers delivery of a high‑pressure…

Shell Targets 2027 Gas Start-Up at Loran-Manatee Field

Apr 10, 2026

Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday…

Technip Energies Continues EPC Work on Commonwealth LNG Ahead of FID

Apr 08, 2026

Technip Energies has received a substantial authorization to continue work on the Commonwealth LNG project in Louisiana, as the development moves toward a final investment decision.The authorization, awarded by Commonwealth LNG, allows the company to proceed with key engineering…

China Connects Its 'Deepest' Offshore Wind Farm to Grid

Apr 08, 2026

China Huaneng Group (CHNG) has connected the 504 MW offshore wind project off the Shandong Peninsula to the grid, which is now operating at full capacity.The Huaneng Shandong Peninsula North offshore wind farm comprises 42 turbines of 12 MW each…

Norway Flags Major Gas Discovery as Development Window Narrows

Apr 08, 2026

The Norwegian Offshore Directorate (NOD) has put in focus a major undeveloped gas discovery in the Norwegian Sea that could offer significant value, but warned that time is running out to bring it into production.The Gro discovery, located about…

SLB to Collaborate with Petronas Suriname

Apr 07, 2026

SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions…

Decom Engineering Secures US Patent for Subsea Cutting Tech

Apr 07, 2026

Aberdeen-based subsea technology specialist Decom Engineering has secured a United States patent covering key elements of its Chopsaw cutting technology, strengthening its position in the subsea and onshore cutting market.The patent protects a combination of mechanical and operational features…

Eni Makes Gas Discovery Offshore Egypt, Eyes Fast-Track Development

Apr 07, 2026

Eni has made a gas and condensate discovery offshore Egypt, with preliminary estimates indicating about 2 trillion cubic feet of gas in place.The discovery was made at the Denise W-1 exploration well in the Temsah concession in the Eastern Mediterranean…

SLB Expands Digital Operations Partnership with Azule Energy off Angola

Apr 06, 2026

SLB has signed a three-year agreement with Azule Energy to expand the use of its enterprise digital platform across the company’s operations in Angola.The platform is expected to support execution reliability, accelerate decision-making and…

Heerema Completes Installation of First Hornsea 3 Offshore Converter Station

Mar 31, 2026

Heerema Marine Contractors has completed the installation of the Hornsea 3 first jacket and offshore converter station in the North Sea ahead of schedule, marking a milestone for the UK offshore wind project.The work was carried out by the Sleipnir vessel…

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