The company plans follow-up appraisal drilling later this year.

The offshore drilling sector is entering a gradual recovery and early upcycle in 2026, driven by resilient oil prices, strengthening rig demand and a tightening fleet as older assets exit the market. Join Cinnamon Edralin and Teresa Wilkie of Westwood Global Energy Group for insights into global drilling activity, rig market dynamics and demand forecasts...

For the SURF campaign, Saipem says that it will deploy a combination of S-lay and J-lay vessels.

The companies will evaluate mature fields, seismic reprocessing, and development opportunities in deepwater and ultra deepwater areas.

The manifolds and pigging equipment will help guide production to the Troll C platform.

The agreement will enable integration of Eni’s Clean Sea ROV/AUV inspection system with technologies developed by Fincantieri.

Major installation milestones, grid investments and floating wind innovations highlight how offshore wind developers and suppliers are tackling scale, cost and complexity across global markets.

A structured approach helps operators evaluate well condition, subsea constraints and lower-impact intervention options for late-life P&A campaigns.

While the offshore ammonia market faces hurdles like high costs and safety concerns, ongoing demonstration projects and evolving regulations suggest a promising future for ammonia in shipping and renewable energy storage. The technology's success depends on reducing costs, improving safety and expanding infrastructure.