Browse the latest offshore & subsea news and articles.
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.
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
TAQA UK’s Eider Alpha topside has been successfully removed, marking the first of its Northern North Sea platforms to be lifted and dismantled.
The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.
The contract win marks the first sale of FET’s XLX EVO III which, when operational, will demonstrate the most cutting-edge Ultra-Heavy-Duty subsea vehicle technology available on the market.