Offshore News
Latest offshore coverage from Oil Authority and industry sources
Oil Authority Analysis7 articles

Ghana Secures $3.5 Billion in Offshore Upstream Investment as Tullow Oil and Kosmos Energy Plan 20 New Jubilee and TEN Wells
Ghana locks in $3.5 billion offshore investment from Tullow Oil, Kosmos Energy and partners, funding 20 new wells as Jubilee production tops 70,000 bpd.

Transocean's Deepwater Asgard Wins $158 Million Eastern Mediterranean Contract, Driving $1.6 Billion April Backlog Surge
Transocean's Deepwater Asgard secures $158M Eastern Mediterranean contract as the offshore driller adds $1.6 billion in backlog during April.

Petrobras Approves $12 Billion SEAP I Final Investment Decision in Sergipe-Alagoas Basin, Targeting 120,000 BPD First Oil by 2030
Petrobras approved a $12 billion FID for SEAP I in Brazil's Sergipe-Alagoas Basin, targeting 120,000 bpd first oil by 2030 as global crude hits $130/bbl.

Petrobras Awards Subsea7 a $1.25 Billion SURF Contract for Sepia 2 Pre-Salt Development at 2,170 Meters in Santos Basin, Brazil
Petrobras Awards Subsea7 a $1.25B SURF Contract for Sepia 2 Pre-Salt Development at 2,170 Meters in Santos Basin, Brazil.

Aker BP Starts Production at Symra Field Nine Months Ahead of Schedule, Adding 25,000 Boe/d to Norwegian North Sea
Aker BP Starts Production at Symra Field Nine Months Ahead of Schedule, Adding 25,000 Boe/d to Norwegian North Sea.

Global Deepwater Spending Hits 5-Year High in 2026 as Operators Sanction Tieback Projects and Fast-Track Gulf of Mexico Developments
Global Deepwater Spending Hits 5-Year High in 2026 as Operators Sanction Tieback Projects and Fast-Track Gulf of Mexico Developments.

Azule Energy and TotalEnergies Bring Angola's Quiluma Offshore Gas Field Online, Adding 330 MMcfd and 2 Million Tonnes of Annual LNG Capacity
Azule Energy and TotalEnergies Bring Angola's Quiluma Offshore Gas Field Online, Adding 330 MMcfd and 2M Tonnes of Annual LNG Capacity.