Eni has discovered gas and condensate at Murene South-1X, Block CI-501, Côte d’Ivoire. Named Calao South, the find confirms the Calao channel complex’s potential, with estimated reserves of 5 Tcf of gas and 450 million barrels of condensate (approximately 1.4 billion barrels of oil). ...
Eni confirms an oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approximately 18 km from Olombendo FPSO. Preliminary estimates indicate oil in place of around 500 million barrels. Block 15/06 is operated by Azule Energy (36.84 per cent), in partnership with SSI (26.32 per cent) and Sonangol E&P (36.84 per cent)....
Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved. ...
QatarEnergy has secured an offshore exploration licence in Libya after the country’s first bid round since 2007. The National Oil Corporation awarded Block O1 to a consortium of QatarEnergy (40 per cent stake) and Italy’s Eni (60 per cent stake and operator), marking QatarEnergy’s first upstream entry into Libya. ...
TotalEnergies has signed agreements to acquire a 42.5 per cent operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Located in the Lüderitz basin, PEL104 license covers an area of around 11,000 km2 offshore Namibia....
Progress on the BorWin6 Project advances with the completion of a fabrication yard in Jebel Ali, UAE. Mammoet has handled the transport, loadout, and mooring of the 5,461-tonne offshore jacket foundation, which will support the BorWin6 offshore converter platform, BorWin kappa, in the German North Sea....
State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report....
McDermott has secured a decommissioning definition engineering contract from QatarEnergy for Qatar’s first offshore decommissioning project, developing technical and commercial frameworks and conducting studies to enable the safe, systematic removal of 27 aging offshore platforms. ...
Worley Rosenberg has been selected by Equinor Energy for a parallel framework agreement for maintenance and minor projects on selected facilities on the Norwegian Continental Shelf. The framework is expected to support activities for selected installations including the Sleipner and Johan Sverdrup facilities following contract signing....
Tenaris has been awarded the supply of line pipe, casing, coating and related services for the third phase of the Sakarya gas field project, operated by Turkiye Petrolleri Anonim Ortakligi (TPAO)....
McDermott International is set to secure multiple offshore engineering, procurement and construction (EPC) contracts from Abu Dhabi National Oil Company (Adnoc), with a combined value estimated at up to $1.5 billion. These awards are linked to ADNOC’s ongoing offshore oil and gas expansion programme and reinforce McDermott’s strong positioning in the Middle East offshore EPC market. ...
QatarEnergy has signed an agreement with the Lebanese government, TotalEnergies, and Eni to enter into an exploration block offshore Lebanon. Under the terms of the agreements, QatarEnergy will acquire 30 per cent of Block 8, while TotalEnergies (the operator) and Eni will each hold 35 per cent. ...
Abu Dhabi National Oil Company (Adnoc) has announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project located offshore of UAE capital. The development will deliver 200 million standard cubic feet per day (scfd) of gas before the end of the decade. ...
Saipem, a global leader in the engineering and construction of major projects, has secured $600 million offshore contracts from Saudi oil giant Aramco. The scope of work includes EPCI services for 34km of pipeline as well as 300m of onshore pipeline network in Saudi Arabia. ...
The rapid growth of offshore oil and gas activity across the Caribbean is making logistics infrastructure central to upstream success. Purpose-built shore bases and specialised ports now determine execution efficiency, project economics and competitiveness, as seen in Guyana, Trinidad and Tobago, and Suriname today regionally....
Lamprell secured four Engineering, Procurement, Construction and Installation (EPCI) contracts in 2025, advancing its Saudi Arabia operations. The projects encompass new platform installations, subsea structures, pipelines, and cables, along with platform and infrastructure upgrades....
Chinese oil major CNOOC, opens new tab said that an offshore oil project in the South China Sea had commenced production. Xijiang Oilfields 24 Block Development Project, located in the shallow water of the Pearl River Mouth Basin, is expected to achieve a plateau production of about 18,000 barrels of light crude oil equivalent per day in 2026. ...
Applus+ will conduct a strategic Brazilian project inspecting naval and offshore units using high-precision measurements, drone surveys, and advanced non-destructive weld testing....
QatarEnergy has signed a Production Sharing Agreement for shallow-water Block S4 offshore the Cooperative Republic of Guyana. The block was awarded through the 2022 Guyana Licensing Round....
The Egyptian Information Technology Industry Development Agency (ITIDA) has announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Accenture, Deloitte, RSA and Capgemini. ...
