
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has disclosed the go-ahead for the production individualization agreements (AIPs) for shared reservoirs in the pre-salt layer of the Santos Basin.

U.S.-headquartered oil and gas exploration and production company Kosmos Energy and its partner, Shell, are planning to spud a prospect in the Gulf of America (U.S. Gulf of Mexico) next year.

Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline in the Romanian part of the Black Sea that will transport natural gas from an offshore production platform to shore as part of the Neptun Deep project. With estimated investments of up to €4 billion,

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

Subsea7 has awarded Aberdeen-headquartered integrated solutions specialist EnerMech with a subsea pre-commissioning contract for what is described as the first ultra-deepwater oil development in Mexico. EnerMech will deploy its pre‑commissioning spreads and will deliver flooding, cleaning, gauging,

Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s state-owned energy giant Equinor.

DOF Group has secured a contract valued at between $25 million and $50 million for subsea commissioning services in the Asia-Pacific (APAC) region which will begin next year. The contract, defined as substantial, will see the deployment of the construction support vessel (CSV) Skandi Inventor for th

Norwegian state-owned energy giant Equinor has brought online a subsea tie-back development in the North Sea off the coast of Norway, unleashing more gas supplies for the European market.

Texas-headquartered offshore energy services company Helix Energy Solutions is divesting its shallow water abandonment business, stating that the move furthers its strategic focus on deepwater operations. Helix Energy Solutions is selling all of the equity interests of its Gulf of America-focused Sh

Norway’s Reach Subsea is set to charter a Solstad construction support vessel (CSV) for deployment in the Mediterranean and Black Sea region as part of its commitment under a newly secured letter of intent (LOI). Reach Subsea’s new LOI is for a contract covering inspection, maintenance, and repair (

Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and storage project in the Norwegian North Sea. The partnership

Brazilian state-owned oil & gas giant Petrobras has commenced production from the eighth floating production storage and offloading (FPSO) vessel at the Búzios field offshore Brazil earlier than planned. Located in the pre-salt layer of the Santos Basin, the P-79 platform began production on May 1,

As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.

Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope at a gas project in North Africa under a contract awarded by compatriot engineering, drilling, and construction services giant Saipem at the end of 2025. NextGeo announced today, May 4, that the contract awarded by Saipem