Offshore

Energy, Oil & Gas

McDermott secures contract for Qatar offshore decommissioning project

Tue, 03 Feb 2026

McDermott has secured a decommissioning definition engineering contract from QatarEnergy for Qatar’s first offshore decommissioning project, developing technical and commercial frameworks and conducting studies to enable the safe, systematic removal of 27 aging offshore platforms.

Energy, Oil & Gas

Kuwait to invite foreign firms to develop recent offshore discoveries

Tue, 03 Feb 2026

State-owned Kuwait Petroleum Corporation (KPC) plans to invite foreign companies to help develop recent offshore discoveries, as Kuwait looks to accelerate production and apply advanced technologies offshore, according to a Reuters report.

Construction & Real Estate

Saipem secures $500m EPCI contract for Aramco project

Tue, 24 Feb 2026

Italian group Saipem has announced that it has secured a new engineering, procurement, construction and installation (EPCI) contract for an offshore project from Saudi oil giant Aramco. The work is for a 48-inch trunkline, comprising 65 km offshore and 12 km onshore in Safaniya oil field.

Energy, Oil & Gas

Equinor awards offshore framework deal to Worley Rosenberg

Mon, 02 Feb 2026

Worley Rosenberg has been selected by Equinor Energy for a parallel framework agreement for maintenance and minor projects on selected facilities on the Norwegian Continental Shelf. The framework is expected to support activities for selected installations including the Sleipner and Johan Sverdrup facilities following contract signing.

Energy, Oil & Gas

Eni makes offshore discovery in Côte d’Ivoire

Tue, 17 Feb 2026

Eni has discovered gas and condensate at Murene South-1X, Block CI-501, Côte d’Ivoire. Named Calao South, the find confirms the Calao channel complex’s potential, with estimated reserves of 5 Tcf of gas and 450 million barrels of condensate (approximately 1.4 billion barrels of oil).

Energy, Oil & Gas

Eni confirms oil discovery in Algaita-01, offshore Angola

Sun, 15 Feb 2026

Eni confirms an oil discovery in the Algaita-01 exploration well in Block 15/06, offshore Angola, approximately 18 km from Olombendo FPSO. Preliminary estimates indicate oil in place of around 500 million barrels. Block 15/06 is operated by Azule Energy (36.84 per cent), in partnership with SSI (26.32 per cent) and Sonangol E&P (36.84 per cent).

Energy, Oil & Gas

QatarEnergy wins Libya offshore exploration licence

Thu, 12 Feb 2026

QatarEnergy has secured an offshore exploration licence in Libya after the country’s first bid round since 2007. The National Oil Corporation awarded Block O1 to a consortium of QatarEnergy (40 per cent stake) and Italy’s Eni (60 per cent stake and operator), marking QatarEnergy’s first upstream entry into Libya.

Energy, Oil & Gas

Oman signs concession agreement for Offshore Block (18)

Thu, 12 Feb 2026

Oman’s Ministry of Energy and Minerals has signed a concession agreement for Offshore Block 18 to support hydrocarbon exploration and production. Petronas will operate the block with a 70 per cent stake, while OQ Exploration and Production holds 30 per cent. The agreement includes a four-year exploration period, extendable to 30 years if commercial production is achieved.

Energy, Oil & Gas

Tenaris wins Sakarya phase 3 offshore contract

Sun, 01 Feb 2026

Tenaris has been awarded the supply of line pipe, casing, coating and related services for the third phase of the Sakarya gas field project, operated by Turkiye Petrolleri Anonim Ortakligi (TPAO).

Energy, Oil & Gas

Applus+ to lead naval, offshore inspection project in Brazil

Thu, 04 Dec 2025

Applus+ will conduct a strategic Brazilian project inspecting naval and offshore units using high-precision measurements, drone surveys, and advanced non-destructive weld testing.