Next-Gen Rig Simulation: Inside Saipem’s New Drilling Training Centre
Saipem has inaugurated a cutting‑edge Drilling Training Centre equipped with a full‑scale simulator that mirrors offshore rigs. The simulator features a 24‑monitor, eight‑meter screen wall and cyber chairs that replicate real control systems, focusing on deep‑water geological conditions. Accredited by the International Well Control Forum, the centre delivers internationally recognized well‑control certification. Executives say the facility will boost safety, competency, and human‑capital development across Saipem’s global drilling fleet.
Viridien Launches Charrua 3D Seismic Survey Offshore Uruguay
Viridien has launched the Charrua 3D multi‑client seismic survey offshore Uruguay, deploying the BGP Prospector vessel. The project employs time‑lag full‑waveform inversion (TLFWI) to generate high‑resolution subsurface images. This effort expands Viridien’s data coverage across the southern Atlantic Margin, a region...
Hercules Semi-Sub Rig Lines Up Canada Job Under $170M Deal
SFL Corporation has signed a roughly $170 million contract for its Hercules semi‑submersible rig with an unnamed multinational oil and gas company in Canada. The agreement covers a minimum 400‑day term starting in the first quarter of 2027, with the rig...
Multiple Offshore Campaigns on TGS Seismic Vessel’s Agenda
TGS has scheduled multiple acquisition campaigns for its Ramform Vanguard seismic vessel, beginning in mid‑March and extending into the third quarter. The program starts with an oil‑and‑gas site survey before moving to two offshore‑wind contracts, leveraging the vessel’s Ultra High...
Remazel Expands Offshore Services Footprint in Brazil with H Tech Acquisition
Remazel, a subsidiary of Italy's Fincantieri, completed the acquisition of Brazil’s H Tech Serviços e Manutenção Ltda, gaining full ownership of a firm that provides offshore inspection and maintenance with more than 50 specialized technicians. The deal is a cornerstone of Fincantieri’s international growth plan,...
Harbour Energy Lifts Production Forecast After US Gulf Deals
Harbour Energy lifted its 2026 production outlook to 475,000‑500,000 barrels of oil equivalent per day, driven by early output from the recently acquired LLOG assets in the Gulf of Mexico. The company’s pretax profit more than doubled to $2.8 billion in...
China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth
China’s 2026‑2030 Five‑Year Plan caps oil output at 200 million metric tons (about 4 million barrels per day), a level already exceeded last year but below the 216 million‑ton record. The plan shifts focus from expanding production to maintaining output while expanding undisclosed...
Oil Companies Reject Trump Administration's Alaska Offshore Auction
The Trump administration auctioned more than 400,000 acres in Alaska's Cook Inlet, yet no oil or gas companies submitted bids. The sale was part of the One Big Beautiful Bill Act, which obliges six offshore auctions through 2032 to boost...
Kongsberg Maritime, Seadrill, Hanwha Drilling to Develop Remote Dynamic Positioning Technology
Kongsberg Maritime, Seadrill and Hanwha Drilling have formed a strategic alliance to create next‑generation remote Dynamic Positioning (DP) technology for offshore rigs. The partnership will blend Kongsberg’s automation and communications platforms with Seadrill’s and Hanwha’s operational expertise. It aims to...
CHC Helicopter Wins Equinor’s Crew Change Contract for Brazilian Field
CHC Helicopter’s Brazil unit has won Equinor’s crew‑change contract for the ultra‑deepwater Bacalhau field, commencing in February 2026. The agreement deploys an S‑92A helicopter from CHC’s Jacarepaguá base to transport personnel 185 km offshore. CHC highlights its local infrastructure, fleet upgrades,...
Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts
Arabian Drilling has reactivated two previously recalled rigs and launched its first international offshore contract within the GCC. The offshore fleet utilization now stands at 91% and total fleet utilization at 82%, with a third land rig entering service on...
BOEM Releases Offshore Alaska Seismic Survey Data
The Bureau of Ocean Energy Management (BOEM) has made five 3‑D seismic survey datasets from the Beaufort Sea publicly available through the National Archive of Marine Seismic Surveys. The releases—identified as B‑02‑99‑AK through B‑01‑95‑AK—cover 232 square miles across nine survey...
TGS Targets Eastern Niger Delta with New 3D Survey
TGS has launched the Nigeria Laide multi‑client 3D seismic survey covering about 11,700 sq km in the eastern Niger Delta. The project, executed with NUPRC and SeaSeis Geophysical, uses the GeoStreamer dual‑sensor system and advanced broadband acquisition. It delivers data suitable for...
Eni Can Take Venezuelan Oil to Settle Gas Debts, CEO Says
Eni’s chief executive Claudio Descalzi announced that, following a recent easing of U.S. sanctions, Venezuela can now settle its roughly $3 billion gas debt by delivering oil. The debt stems from gas supplied by the Perla offshore field, which Venezuela’s PDVSA...
Shell Troubleshoots Subsea Equipment at Ormen Lange Oil Field
Shell is troubleshooting subsea equipment at its Ormen Lange offshore gas field in the Norwegian Sea after a compressor failure forced production cuts on February 16. Output has been reduced by roughly 11.9 million cubic metres per day, about 46% of the...
BOEM Proposes Regulation Revision to Support Mineral Exploration
The Bureau of Ocean Energy Management (BOEM) has issued proposed revisions to its Outer Continental Shelf (OCS) hard‑mineral regulations, aiming to accelerate exploration and development of critical minerals. The changes align with Executive Orders 14285, 14154 and 14192, which prioritize...
SeaBird Exploration Nets Contract Extension for Seismic Survey Vessel
SeaBird Exploration, a subsidiary of SED Energy Holdings, announced a three‑month extension of its contract for the Fulmar Explorer seismic survey vessel. The extension covers ocean‑bottom‑node source work in the Western Hemisphere and pushes the vessel’s commitment through mid‑June 2026. Commercial...
Romgaz Prepared to Cover Neptun Deep Costs, CEO Says
Romanian state‑owned gas producer Romgaz says it has sufficient funding lines to cover its €2 billion share of the Neptun Deep offshore gas project in 2026. The €4 billion development, partnered with OMV Petrom, is one of the EU’s largest natural‑gas deposits. Romgaz’s...
North Sea Storm Cuts EnQuest’s 2026 Output Forecast
EnQuest announced a revised 2026 production outlook after a severe North Sea storm damaged the third‑party Ninian Central platform, forcing a five‑week shutdown of its Magnus field. Production at Magnus resumed early on February 22, but the outage prompted the company...
Tidewater to Acquire Wilson Sons Ultratug Offshore in $500M
Tidewater Inc. agreed to buy Wilson Sons Ultratug Participações and its affiliate for roughly $500 million in an all‑cash deal, adding 22 platform supply vessels and expanding its Brazil fleet from six to 28. The acquisition lifts Tidewater’s global OSV count...
Martens en Van Oord Purchases Autonomous Survey Vessel From Demcon Unmanned Systems
Martens en Van Oord has ordered Demcon unmanned systems' next‑generation V4000 autonomous survey vessel, a 4‑meter USV designed for hydrographic work. The platform adds a longer hull, larger moonpool, and higher battery capacity, boosting range and endurance. Integrated with a...