Saipem secured two offshore EPCI contracts from Aramco in Saudi Arabia for Safaniya field water injection platforms, wellheads, pipelines, and cables, using regional vessels and local fabrication at its Saudi yard to support industrial development.
QatarEnergy, as a shareholder in TotalEnergies E&P Congo (TEPC), announced a hydrocarbon discovery in the MHNM-6 NFW well of the Moho G structure in Congo, part of the country’s Moho offshore exploration and production license.
bp has agreed to acquire a 60 per cent interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.
Two of Norway’s offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.
China National Offshore Oil Corporation (CNOOC) announced that construction has started on a carbon capture, utilisation and storage (CCUS) project at the Dongfang 1-1 gas field in south China's Hainan Province.
bp has announced a gas and condensate discovery offshore Egypt following the drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean.
Tekmar Group, a provider of asset protection technology and offshore energy services, has secured two contracts with a combined value of £2 million ($2.7 million for an offshore wind farm project in Japan.
INTECH has secured a project to strengthen OT cybersecurity infrastructure across offshore production facilities associated with one of the large offshore oil fields in the Middle East.
TotalEnergies has signed settlement agreements with the US Department of the Interior (DOI) to relinquish its Carolina Long Bay lease (Lease OCS-A 0545) and its New York Bight lease (Lease OCS-A 0538), both awarded in 2022, along with its partners. As a result, TotalEnergies will no longer develop offshore wind projects in the US.
Developments in the offshore energy sector are highlighting the important role of offshore support vessels as the industry moves toward innovation, sustainability, and renewable energy.