Eni awarded a new offshore exploration license in Libya
The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position in the country.
Offshore & subsea
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Everllence compressor technology for new FPSO offshore Guyana
Four Everllence compressor trains are to be delivered to MODEC for the Hammerhead gas field project.
Europe's offshore gas industry hits new milestone with North Sea's first 'Grade A' methane-certified gas project?
The project has achieved a MiQ Grade A rating, following an independent audit of its operational practices and measured methane emissions data by Intertek, a global leader in Total Quality Assurance.
Elemental Energies acquires Applied Petroleum Technology AS, strengthening its subsurface capabilities
The strategic move strengthens Elemental Energies’ existing subsurface capability, creating an integrated and unrivalled team spanning geoscience, reservoir engineering, geochemistry and petroleum engineering.
Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain
Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain.
Scottish Africa Business Association strengthens subsea links with Egypt at Subsea Expo
Building on the momentum from Subsea Expo and the Minister’s visit, SABA will lead a trade delegation to Egypt in April 2026 in partnership with The EIC.
Subsea7 awarded contract offshore US
Subsea7 today announced the award of a sizeable* contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 km off the Louisiana coast in the US.
More Offshore & subsea news
Mozambique LNG announces the full restart of all its activities onshore and offshore in Mozambique
Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Afungi with His Excellency Daniel Chapo, President of the Republic of Mozambique, and have announced together the full restart of Mozambique LNG project activities.
Jack-up drilling rig contract signed for multi-well programme in Yumna Field, Oman
The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.
TMC lines up compressor deliveries for Trion FSO
TMC Compressors (TMC) has been awarded a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit, Chalchi.
Viridien and SLB announce agreement with EGAS for large multi-client OBN programme over Eastern Mediterranean Offshore
Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging programme in Egypt’s Eastern Mediterranean offshore.
Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026
Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.
Northern Endurance Partnership and The Crown Estate sign lease for UK’s first CCS project ahead of offshore construction
The landmark agreement establishes the UK’s first commercial-scale lease of the seabed for permanent offshore CO2 storage and associated pipeline infrastructure, providing a template for future carbon capture and storage (CCS) projects around the UK’s coastline.
ModuSpec secures DNV Technology Qualification for BOP real-time monitoring
DNV approval validates ModuSpec’s integrated Argus well control assurance platform, paving way for deployment in the Norwegian offshore market.
NSTA issues fines to two companies totalling £350 000
CNR International fined £250 000 for excessive venting; NEO fined £100 000 for attempting well abandonment without consent.