Tag: offshore

Energy, Oil & Gas

Equinor awards offshore framework deal to Worley Rosenberg

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....

Energy, Oil & Gas

Tenaris wins Sakarya phase 3 offshore contract

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)....

Energy, Oil & Gas

McDermott eyes $1.5bn Adnoc offshore EPC contracts

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. ...

Energy, Oil & Gas

QatarEnergy acquires interest in new exploration block offshore Lebanon

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. ...

Energy, Oil & Gas

Adnoc finalises strategic investment plan for SARB Deep Gas project

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. ...

Energy, Oil & Gas

Saipem snaps up $600m Saudi Aramco offshore contracts

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. ...

Energy, Oil & Gas

Offshore expansion drives push for logistics hubs across Caribbean

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....

Energy, Oil & Gas

Lamprell lands four offshore EPCI project contracts in Saudi Arabia

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....

Energy, Oil & Gas

CNOOC begins offshore oil operations in South China Sea

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. ...

Energy, Oil & Gas

Egypt inks 55 deals in major push for its offshoring industry

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. ...

Energy, Oil & Gas

NMDC Energy, Baker Hughes to localise offshore solutions in Saudi

NMDC Energy has signed a strategic MoU with Baker Hughes in Saudi Arabia to explore opportunities for localising key products and solutions. This collaboration aims to enhance service delivery in energy markets across the Middle East, North Africa, Türkiye, and India....

Energy, Oil & Gas

Grenada advances offshore hydrocarbon strategy

The Government of Grenada has formally proposed the establishment of a trilateral oil and gas coordination commission involving Venezuela and Saint Vincent and the Grenadines, as part of efforts to delimit maritime boundaries and develop its nascent offshore hydrocarbon industry....

Energy, Oil & Gas

Equinor, partners start production from offshore Bacalhau field

Equinor and its partners ExxonMobil Brasil, Petrogal Brasil (JV Galp|Sinopec) and Pré-sal Petróleo (PPSA) achieved start-up of production from the large Bacalhau field in Brazil. With recoverable reserves exceeding 1 billion barrels of oil equivalent (boe), Bacalhau is the largest international offshore field ever developed by Equinor....

Energy, Oil & Gas

Shell invests in Nigeria offshore gas development

Shell Nigeria Exploration and Production Company (SNEPCo) and Sunlink Energies have finalised investment in the HI gas project offshore Nigeria. The project will supply 350 million standard cubic feet of gas daily at peak production to Nigeria LNG, enhancing global liquefied natural gas exports....