Offshore News

Latest offshore coverage from Oil Authority and industry sources

Oil Authority Analysis7 articles

Tullow Oil offshore Ghana operations production facility aerial view
Offshore6h ago

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.

Deepwater Asgard ultra-deepwater drillship inspected by BSEE safety personnel in offshore operations
OffshoreYesterday

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 P-51 semi-submersible oil platform operating offshore Brazil in deepwater
OffshoreApr 16, 2026

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.

Subsea7 pipelay vessel Seven Borealis at anchor in Limassol harbor Cyprus
OffshoreApr 12, 2026

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.

Edvard Grieg offshore oil platform in the Norwegian North Sea where Symra production is processed
OffshoreApr 11, 2026

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.

BP Thunder Horse semi-submersible deepwater production platform in the Gulf of Mexico representing record 2026 offshore capital spending
OffshoreMar 30, 2026

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.

Angola offshore gas production platform at the Quiluma field operated by Azule Energy and TotalEnergies
OffshoreMar 30, 2026

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.