Offshore & subsea

Liability figure points to significant opportunities for the decommissioning industry.

Oil giant ConocoPhillips says that is has struck gas off the coast of southeastern Australia after beginning its maiden exploration drilling on November 1, according to Reuters.

Tekmar Group plc, a leading provider of asset protection technology and offshore energy services, has announced it has won a new contract valued in excess of €3.5 million to supply cable protection technology to a major offshore energy project in the Middle East, with delivery scheduled by June 2026.

Interocean Marine Services (Interocean) has officially opened its new office, located in the heart of Dubai’s prestigious Multi Commodities Centre (DMCC).

Danny Constantinis, EM&I, Malta, addresses methods of maintaining the integrity of Floating Production Units (FPUs) and Floating Production, Storage, and Offloading (FPSO) assets.

EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people.

The deployment successfully optimises the gas treatment unit, reducing energy and chemical use.

The agreement follows the Framework Agreement signed by the two companies on 17th June 2025 and establishes a new entity that will manage 19 assets: 14 in Indonesia and five in Malaysia - representing significant enterprise value.

Shell Marine has launched a new technical service, Shell Marine Sensor Service (SMSS), an onboard monitoring service that provides real-time insights into oil and equipment condition, helping shipping operators improve vessel uptime and operational resilience.

bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy – bp’s US onshore oil and gas business. bpx will remain operator of all the assets.

DNV has released a comprehensive study comparing major accident risks and risk management practices in the UK between the offshore oil and gas and the offshore renewables industries.

bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.

Europe’s construction of liquefied natural gas (LNG) import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand.

The subsea campaign, which involved the retrieval of a canductor, was delivered safely, on schedule and to the highest technical standards.

EnerMech has been awarded a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development. The company will deliver critical services across a 115 km, 32 in. offshore pipeline.