The path from discovery to first oil is moving at a fast pace for BW Energy, which is laying the groundwork for its expansion offshore Gabon.
Murphy Oil has paired exploration and appraisal successes with new projects being put into production mode.
Yinson Production has closed the largest FPSO project bond to date at $1.458 billion, marking the first-ever non-Brazil issuance for the asset class.
Rockhopper has committed millions to secure a stake in a floating production, storage, and offloading (FPSO) destined for the Falkland Islands.
Yinson Production has locked in a $600 million backlog boost after signing a contract amendment with Eni to overhaul an FPSO offshore Ghana.
DNV's blessing for this blue ammonia FPSO concept paves the way for unlocking scalable, low-carbon offshore energy production.
Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million contract from Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, for subsea work on an offshore development in Angola, adding another major deepwater award to the Italian contractor
Norwegian ocean services provider DeepOcean has completed subsea tie-in work using diverless technology for an oil and gas development tied back to an existing floating production, storage and offloading (FPSO) vessel in the UK sector of the North Sea.
Norway’s DOF Group has won a contract it describes as large for subsea construction, mooring, disconnection of an existing floating storage and offloading unit (FSO) and connection of a replacement FSO for TotalEnergies. DOF will deliver engineering, transportation and installation of mooring system
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).
U.S. offshore engineering and construction player McDermott has secured an offshore subsea contract with PTTEP Sabah Oil Limited (PTTEP) for a gas field expansion project offshore Malaysia. McDermott is in charge of the engineering, procurement, construction and installation (EPCI) services for a ca
Saipem has landed a helping hand to U.S.-headquartered ExxonMobil to bring online its fourth oil project on the Stabroek block off the coast of Guyana.