Deepwater News


Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Sep 08, 2026

Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Aug 26, 2026

BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said…

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Aug 25, 2026

Energy data and intelligence firm TGS has secured a one-month extension to the largest seismic streamer acquisition contract offshore Indonesia.The extension is scheduled to begin in August. TGS is conducting the job using Ramform Sovereign…

Fugro Secures India Deepwater Drilling ROV Contract

Aug 05, 2026

Fugro Survey India has been awarded a three-year contract by Vantage International Management Company to provide remotely operated vehicle (ROV)-based deepwater drill support services for ONGC's offshore drilling operations in India.Under the contract…

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Jul 30, 2026

Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…

Oil Eases After Topping $100, Still Set for Weekly Rise

Jul 24, 2026

Oil futures prices fell over 3% on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran.Brent futures LCOc1 fell nearly $4…

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jul 20, 2026

Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Jul 14, 2026

Aberdeen-headquartered well integrity and decommissioning specialist Unity has entered the Asia-Pacific market after securing its first regional contract in partnership with Malaysian oilfield services company Reservoir Link.The companies will…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Jun 25, 2026

India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jun 24, 2026

Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Jun 05, 2026

SBM Offshore has entered into a shareholders' agreement with long-standing business partner NYK to divest a 45% ownership interest in the special purpose companies related to the lease and operation of the Chalchi floating storage and offloading (FSO) unit…

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

May 29, 2026

Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done, an executive from the company said on Thursday.The contract for the FPSOs is set to be signed soon…

Three Dead After Incident at Petronas' FSO Offshore Malaysia

May 26, 2026

Petronas has confirmed that an incident occurred during lifeboat maintenance work at the Sepat floating, storage and offloading (FSO) unit offshore Malaysia, resulting in three fatalities and one injury.The incident occurred at approximately 12:50 p…

Current News

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