Offshore Technology
Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format
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Latest posts
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TotalEnergies strikes deal for Lang Lebah and B14 fields in Malaysia
TotalEnergies has signed farm-out agreements to acquire a 30% operated interest in the Lang Lebah and B14 offshore gas fields.
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Eni begins gas production at Maha field offshore Indonesia
Eni has commenced gas production from the Maha field, situated in the West Ganal block of the Kutei Basin offshore Indonesia.
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Chevron reports net income of $9.9bn in Q3 2026
Chevron has reported net income of $9.92bn for the third quarter of 2026 (Q3 2026), a 180.4% increase from $3.54bn in the same period of 2025.
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Resident AUVs are reshaping vessel demand
Resident AUVs are reshaping support-vessel demand, providing more frequent inspections with fewer vessel days and lower costs and emissions.
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Venture Global starts commercial operations at Plaquemines LNG
Venture Global has begun commercial operations at Phase 1 of its Plaquemines LNG export project in Louisiana, US.
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Biofuels will prove to be a highly suitable alternative in the energy transition
Biofuels offer the most immediate opportunity, as they can be blended into existing fuel systems with limited infrastructure changes.
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bp posts 304% jump in third-quarter net income to $4.7bn
bp has reported a 304% year-on-year increase in the Q3 2026 net profit to $4.7bn, driven by stronger refining margins and higher trading performance.
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TotalEnergies posts $8.3bn Q3 net income on refining gains
TotalEnergies more than doubled its net income in the third quarter of 2026 (Q3 2026), posting $8.3bn compared with $3.7bn a year earlier.
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Shell net income surges 128% to $12.1bn in Q3 2026
Shell posted Q3 2026 net income attributable to shareholders of $12.1bn, more than double the $5.3bn recorded in Q3 2025..
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Mazarine Energy agrees to buy Romania’s BSOG from Carlyle and EBRD
Mazarine Energy to acquire Black Sea Oil & Gas (BSOG) from Carlyle and the European Bank for Reconstruction and Development (EBRD).
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TotalEnergies acquires 25% interest in 26 US offshore leases
TotalEnergies has acquired a 25% working interest in 26 offshore exploration leases operated by Chevron in the US.
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US approves $8.2bn ST LNG deepwater port off Texas coast
The US Department of Transportation has approved a licence application for the construction and operation of an $8.2bn deepwater liquefied natural gas (LNG) port by ST LNG, to be built around 10.4 miles offshore Matagorda, Texas.
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Equinor swings to $2.5bn net income in Q3 2026
Equinor has reported net income of $2.54bn for the third quarter of 2026 (Q3 2026), compared to a net loss of $204m in the same period last year.
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Goldman Sachs, RBC lead oil M&A advisers in Q1-Q3 2026
Goldman Sachs is leading oil and gas M&A financial advisers by deal value in Q1-Q3 of 2026, while RBC Capital Markets ranked first by volume.
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SNOC completes Phase 1 of Hedebah gas-condensate field in UAE
SNOC completed Phase 1 development at Hedebah gas-condensate field in Sharjah, resulting in more than a twofold increase in gas production.