Following a comprehensive wireline programme, acquiring core, fluid and log data for evaluation, Talos Energy has confirmed successful drilling results from the Daenerys exploration prospect located in the US Gulf of America Walker Ridge blocks 106, 107, 150, and 151.
Drilled approximately 12 days ahead of schedule and delivered around US$16mn under budget, the West Vela deepwater drillship reached a total vertical depth of 33,228, encountering oil presence in multiple high-quality, sub-salt Miocene sands.
With the discovery well currently suspended for future use, the company is now planning to take up an appraisal well to further define the discovered resource.
"We are encouraged by the results of our Daenerys discovery well, which confirms the presence of hydrocarbons and validates our geologic and geophysical models. We believe these results support Talos's pre-drill resource assumptions. We are now working closely with our partners to design an appraisal program that will further delineate this exciting discovery. We anticipate spudding the appraisal well in the second quarter of 2026," said Talos President and Chief Executive Officer, Paul Goodfellow.
Talos, as operator, will hold a 27% working interest, Shell Offshore Inc. will hold 22.5%, Red Willow will hold 22.5%, Houston Energy, L.P. will hold 10%, Cathexis will hold 9%, and HEQ II Daenerys, LLC will hold 9%.
HIMA Group, the global safety automation expert, is setting new benchmarks for functional safety in the offshore industry. The company is showcasing its expanded portfolio, which combines decades of expertise with next-generation digitalisation to enhance safety, security, and efficiency across oil and gas, offshore wind, hydrogen, and carbon storage operations.
With Sella Controls and Origo Solutions now part of the HIMA Group, operators and contractors benefit from powerful synergies and a broadened offering that covers the entire safety automation value chain. Together, the group is delivering unmatched consulting, engineering, and project execution expertise across conventional and renewable offshore projects.
At the heart of HIMA’s portfolio is its independent open safety platform, which integrates hardware and software on a single technology base. Certified by TÜV, Lloyd’s Register, Bureau Veritas and DNV, the platform enables functional safety, OT security, and compliance with international standards, while also driving process efficiency and improving plant availability.
Under its #safetygoesdigital strategy, HIMA is accelerating the transition toward digitalised safety lifecycle management. This includes innovative tools like Safety Lifecycle Digitalisation (SLD) Cockpits, which use dashboards and data-driven monitoring to optimise productivity, streamline compliance, and improve safety outcomes.
HIMA Group's solutions are employed all over the world, but especially in the Middle East through the HIMA Middle East division located in Dubai.
The group’s proven solutions extend from high-integrity pressure protection systems (HIPPS) with Planar 4 technology for critical offshore applications, to turbomachinery control solutions with SIL3 compliance and advanced load-sharing capabilities. Origo Solutions’ SCADA+ platform brings flexible control and visualisation across wind, hydrogen, and oil and gas plants, now further enriched by HIMA integration. Meanwhile, FLOWorX® delivers comprehensive pipeline management and leak detection with high sensitivity and real-time monitoring, also suitable for hydrogen applications.
Other highlights include SafeHMI, a new approach to safe plant operations with inherent safety features and digitalised management of change. These developments reflect HIMA’s vision of building a future where digitalisation strengthens safety and resilience across the offshore sector.
By uniting the expertise of HIMA, Sella Controls, and Origo Solutions, the group is shaping the future of functional safety in offshore operations and reinforcing its position as a trusted partner for energy companies navigating both traditional and renewable transitions.
Following the first phase of the Dubhe-1 well programme, Pantheon Resources has successfully drilled, logged and cored the Dubhe-1 pilot hole to a total measured depth of 12,833 ft, equivalent to 8,699 ft true vertical depth.
A deviated pilot hole had to be tackled to gather cores and logs to select the optimum landing zone for a subsequent lateral sidetrack in the primary SMD-B zone. The well successfully reached the planned true vertical depth and achieved all planned target reservoir penetrations -- both primary and exploration objectives.
The primary target of Dubhe-1 was the topset horizon (SMD-B), appraising the already discovered resource. Additionally, the well was designed to encounter three further exploration horizons (Prince Creek, SMD-C and the Slope Fan System), none of which have previously had any resource estimate attributed to them. Logs confirm additional prospective resource upside in these horizons.
Post analysis of the thickness and quality of the primary target topset, the company has confirmed that the SMD-B has exceeded the upside pre-drill expectations. The gross thickness of the hydrocarbon column in this interval was measured at 565 ft true vertical thickness; exceeding pre-drill expectations by 26%.
Following this, the company plans to drill, and subsequently flow test the planned sidetrack lateral in the SMD-B horizon to refine the production well type curve.
Dubhe-1 has confirmed a gross 565 ft TVT hydrocarbon bearing column in the SMD-B primary target horizon. The hydrocarbon mix between oil, NGLs and gas will be determined after flow testing.
Erich Krumanocker, chief development officer, said, "We are delighted to announce the Dubhe-1 pilot hole results as a success. The well confirms the presence and quality of the oil and gas reservoirs in the Ahpun field, exceeding our pre-drill expectations. We are now transitioning toward field development planning in support of capital efficient commercial production. The upside presented by the SMD-C and Slope Fan zones highlights the enormous potential in our portfolio."
A new collaboration is set to advance Western Australia’s decarbonisation and economic diversification ambitions.
The Centre of Decommissioning Australia (CODA), the University of Western Australia (UWA), and Teesside University’s Net Zero Industry Innovation Centre (NZIIC) are coming together to establish a WA Industry Transformation Hub.
The collaboration brings together expertise from Australia and the UK to support Western Australia’s industrial transition to net zero, aligning with government priorities including decarbonisation and the LNG Jobs Taskforce. It builds on the shared industrial heritage of Teesside and Western Australia and will combine CODA’s extensive Australian and international decommissioning networks, UWA’s track record of supporting Australian industry with applied research, and NZIIC’s strong research base and industrial partnerships in the UK.
Key focus areas include industrial emissions reduction (including CCUS technologies), circular economy and advanced manufacturing; and knowledge exchange and work-integrated learning.
“This hub’s focus advances the WA CCUS Action Plan vision of establishing a world-leading CCUS industry to decarbonise heavy industries while supporting economic diversification. It also supports the Made in WA agenda by building local advanced manufacturing capability and skilled jobs, keeping WA at the forefront of global market shifts through strong industry support and innovation infrastructure,” said Francis Norman, CODA's CEO.
Europe’s offshore oil and gas sector is witnessing a wave of technological advancements in subsea production and well intervention. From all-electric subsea systems to automated clamp installations, operators and technology firms are driving efficiency, safety, and energy resilience across the continent’s offshore fields.
Subsea7 Sakarya Phase 3 Contract
Subsea7 has secured a major contract with Turkish Petroleum Offshore Technology Centre (TP-OTC) for Phase 3 of the Sakarya field in the Black Sea. The EPCI scope covers subsea umbilicals, risers, and flowlines, with execution managed from Subsea7’s Istanbul office. David Bertin, Senior Vice President, highlighted the award as strengthening Subsea7’s track record in Türkiye while reinforcing its role in supporting the country’s strategic energy goals. Türkiye Business Unit Director, Hulya Ozgur, further emphasized the project’s contribution to energy independence and local content development.
SLB OneSubsea All-Electric Breakthrough
SLB’s OneSubsea joint venture with Equinor has been awarded an EPC contract for a 12-well, all-electric subsea production system at the Fram Sør field offshore Norway. The development, executed as a tieback to the Troll C platform, will minimize topside modifications while significantly lowering emissions. SLB OneSubsea CEO, Mads Hjelmeland, described it as “the first large-scale all-electric subsea production system,” unlocking future tieback opportunities and enabling more marginal resource development on the Norwegian Continental Shelf.
Ace Well Technology’s Automated Clamp Success
Ace Well Technology, with partners Expro and Archer, has completed the first offshore deployment of its Ace Control Line Clamp (ACLC) using Expro’s Remote Clamp Installation System (RCIS) on the Norwegian Continental Shelf. Built on Ace’s proven ratchet technology, the system achieved installation speeds of 15–16 joints per hour with consistent precision. Technology manager Anbjørn Kaurstad highlighted its ability to reduce red zone exposure, while Archer’s Bjørn Christensen praised its contribution to safety and operational consistency.
With a special focus for expansion across Africa and Europe, Subsea Technology & Rentals has made a fresh appointment of a regional director to address strategic growth and full field development experience
Operations in these regions will be managed out of Aberdeen, spearheaded by James Christie, who has been with Ashtead Technology previously, bringing in more than 25 years of industry experience. Christie has also spent more than 10 years of his career with Subsea7 in operational roles.
“James joins us at a hugely exciting time for STR as we continue to grow at pace, diversify our product and service offering and enter new markets. Meeting evolving customer demand remains central to our strategy, with more clients choosing to collaborate with us on new product development programmes, partnering with us beyond traditional rental models.
“James brings a highly strategic approach to growth and full field development experience spanning operations, inspection, and maintenance to decommissioning, which will support our ambition to diversify and strengthen our service offering to our customers,” said Steve Steele, CEO of STR.
Christie's impressive track record of developing strong client relationships and technical prowess will significantly add to STR's consistent market presence with more than US$10mn investments in technology and innovation, and atleast two product launches annually.
“I am thrilled to be joining STR at such a pivotal time as the business has become firmly recognised as a subsea technology leader and continues to invest, creating value for customers and bringing new challenger products to market. I look forward to further strengthening customer partnerships, supporting the growth ambition, and enhancing our focus and footprint across key global regions,” said Christie.
Not long after Decom Engineering secured work in Australia’s nascent decommissioning sector, the UK-based company has appointed Nick McNally as its new Managing Director to steer its global growth ambitions.
The appointment was announced on the website of the Centre of Decommissioning Australia, or CODA, reflecting its significance to the nation’s decommissioning efforts.
“This is an exciting new stage for Decom as the business evolves from a highly respected niche engineering firm into a globally recognised technology partner,” said McNally in a statement.
“With new markets opening up, and recent contract wins in Australia, Brazil and the Gulf of Mexico, the opportunities ahead are considerable and my focus will be on building the infrastructure, capability and culture to meet that growth head-on.”
McNally, who has served as Decom’s Commercial Director since 2019, takes up his new role at a key time for the company as it steps up international expansion and technological innovation in the decommissioning sector.
His appointment reflects the Aberdeen-based company’s strategic focus on scaling operations, expanding into new markets, and strengthening its position as a leading provider of patented cutting technologies to the global energy industry.
Under his leadership, Decom succeeded in rolling out a new ultra-light chopsaw with improved cutting performance, which has seen the C1-16UL deployed across complex subsea projects in various challenging offshore environments.
The company has been buoyed by recent project wins in Australia.
Last year, it executed three market-entry Australian contracts to strengthen its position within the Asia Pacific region, including the deployment of its chopsaw cutting technologies on behalf of a major operator in the Bass Strait alongside two other clients in Australian waters.
Together, the contracts amounted to more than UK£500,000.
Decom is now actively progressing ISO certification alongside additional IP coverage and is looking to expand its workforce from 16 to over 25 staff within the next 18 months, with new roles across engineering, operations and business development.
“With international demand growing and increasing interest in our cutting technology, we’re focused on scaling responsibly, strengthening our systems, investing in our people and remaining agile, which enables us to move into new markets such as offshore wind and onshore decommissioning,” said McNally.
As well as the Australian market, the company is also chasing emerging business opportunities in North America, with demonstration events planned for the United States later this year as it evaluates potential partnerships and future growth.
TechnipFMC has been awarded two subsea contracts by Petrobras for flexible pipe to be deployed in the Campos and Santos basins.
The first award is a substantial contract thought to be worth between US$250mn and US$500mn to design, engineer, and manufacture flexible gas injection risers. This high-technology solution will sustain reservoir pressure and enhance production efficiency through high-capacity gas reinjection in pre-salt formations in the Santos Basin.
The second award, which followed a competitive tender, is a ‘significant’ (US$75mn-US$250mn) contract to design, engineer, and manufacture flexible risers and flowlines for deployment on assets in the Campos Basin.
Jonathan Landes, president, Subsea at TechnipFMC, commented, “As Petrobras unlocks Brazil’s energy resources, we are proud to provide technology and expertise that support some of their most technically challenging projects. TechnipFMC is a subsea innovation leader and continues to advance flexible technology to support new projects and enhance value for its clients.”
Manufacturing will be carried out at TechnipFMC’s flexibles manufacturing facility in Açu, Brazil.
TechnipFMC has been involved in Brazil for nearly 70 years, and has extensive in-country operations, delivering advanced technological solutions while supporting the development of local economies.
In March, the company was awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Shell worth more than US$1bn for its Gato do Mato greenfield development offshore Brazil, utilising Subsea 2.0 configure-to-order (CTO) subsea production systems.
In September 2024, TechnipFMC was awarded two subsea contracts by Petrobras for the pre-salt fields offshore Brazil, the first todesign, engineer, and manufacture riser flexible pipe and the second to design, engineer, and manufacture subsea production systems to be deployed on the Atapu 2, Sepia 2, and Roncador projects.
EnerMech has been awarded a two-year extension to its existing contract with Dubai Petroleum, continuing its role in delivering crane maintenance services across the operator’s offshore assets in the Middle East.
The original agreement, which began in 2022, included an optional extension clause that Dubai Petroleum has now activated. Under this renewed commitment, EnerMech will carry on providing both planned and corrective maintenance, deploying dedicated personnel across multiple offshore locations.
The extended scope also involves additional on-call services, as well as onshore repair and refurbishment of crane components. This includes sourcing spare parts and offering engineering upgrades for outdated or obsolete equipment—ensuring ongoing operational safety and efficiency.
The United Arab Emirates and the broader Middle East remain a key strategic focus for EnerMech. The company has significantly strengthened its footprint in the region through a number of recent contract wins, all aligned with its long-term goal of expanding services to local energy sector clients.
“We are ambitious in our aims in the Middle East and the extension of this contract is material evidence of the fine work that our regional team has undertaken for Dubai Petroleum over the initial phase of work.
“Our lifting solutions service line personnel are renowned for delivering safe, efficient operations which provide our customers with industry leading capabilities and I commend them for achieving this strategically important extension,” said Charles ‘Chuck’ Davison Jr., EnerMech CEO.
The extension reflects both Dubai Petroleum’s confidence in EnerMech’s capabilities and the company's growing reputation for delivering safe, high-performance lifting solutions. With a focus on quality service, safety, and technical expertise, EnerMech continues to build strong partnerships within the offshore energy sector.
As the region pushes forward with infrastructure upgrades and asset integrity improvements, EnerMech’s continued presence positions it as a trusted service provider supporting critical offshore operations in the Gulf.
C-Innovation has completed the decommissioning of the Joliet tension leg platform (TLP) in the Gulf of America.
Joliet was the oldest TLP installed in the Gulf (since 1989) in 1,725ft of water. The decommissioning contract involved the MSV Island Venture, along with its ROVs, cranes and back deck support services.
Island Venture was responsible for cutting the two 8 inch and 10 inch flexible risers which were then abandoned in a pre-determined area of the sea floor.
Additionally, the scope included the detaching of 12 mooring tendons from the Joliet TLP. The tendons, each measuring over 1,700ft long, were cut into 305 separate sections aboard the Island Venture and transferred to an OSV to transport to shore.
George Wilson, Project Manager at C-Innovation, said, “The C-Innovation team executed the project safely and efficiently, competing it ahead of schedule without any accidents or incidents. Our success was driven by strong offshore leadership, careful planning, a focus on safety and the lift capacity of the Island Venture crane.
“The original agreement was for 26 days with extension options, which were exercised, bringing the total to 36 days. The contract was signed on 15 January, 2025, work began on 2 May, and the project was successfully completed on 3 June, 2025.”
A well operations management plan and multidisciplinary collaboration have been critical success factors in ensuring Exxon Mobil's Bass Strait decommissioning project is carried out safely , efficiently and in compliance with regulatory requirements,
In an article on the Exxon Mobil website, Project Manager Richard Perry talks about how Exxon Mobil is executing the largest offshore decommissioning project in its global history in Bass Strait.
ExxonMobil’s wells team is permanently and safely plugging and abandoning hundreds of wells in Bass Strait, as it retires infrastructure that has reached the end of its productive life. To date, the company has safely plugged and abandoned over 200 offshore wells, using specialised equipment to install cement plugs at depths equivalent to a 20-storey building. These plugs undergo rigorous pressure testing to ensure long-term integrity and environmental protection.
“To guide this work, our team developed a first-of-its-kind Well Operations Management Plan, ensuring all plug and abandonment activities meet strict regulatory requirements and adhere to the highest safety standards,” Parry explains. “This plan draws on ExxonMobil’s global experience managing successful decommissioning campaigns in Canada, the United States, and the North Sea, while also incorporating innovative practices that improve both efficiency and environmental outcomes.
“Our Bass Strait well plug and abandonment program is among the largest of its kind globally,” he adds, noting that it relies on close collaboration across a multidisciplinary team—including geoscientists, well integrity engineers, reservoir specialists, regulatory experts, and safety, health and environment professionals—to ensure each well is retired safely, responsibly, and in full compliance with environmental expectations.
Once all wells have been safely plugged and abandoned, each platform is placed in a safe state until it is ready to be removed and safely transported to Barry Beach Marine Terminal for dismantling.
“We remain committed to transparent engagement with our community—keeping stakeholders informed and ensuring our work aligns with local expectations,” Perry concludes.
Oceaneering International, Inc. recently announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), has secured multiple subsea robotics contracts with Petróleo Brasileiro S.A. (Petrobras). These contracts, awarded during the second quarter of 2025 after a competitive bidding process, are valued at approximately $180 million in total revenue.
Under these agreements, Oceaneering will supply work-class remotely operated vehicle (ROV) services, specialised tooling packages, and survey support on several anchor handling and ROV support vessels engaged in Petrobras projects off the coast of Brazil. The scope of work covers a wide range of offshore activities, including inspection, maintenance, repair, and decommissioning operations. Additionally, Oceaneering will provide services related to surface and subsea positioning, FPSO hook-ups, mooring inspections, and pile installations.
Each contract is set to last for four years, with options for possible extensions. Work under the contracts is expected to begin at various times throughout the third and fourth quarters of 2025 and continue into the first quarter of 2026.
Martin McDonald, Senior Vice President of Subsea Robotics at Oceaneering, commented: “As a global leader in ROV services, we are excited to further expand our presence in Brazil. These contracts provide visibility into our backlog over the next several years, reinforcing our outlook for resilient offshore energy markets. This visibility also allows us to strategically plan and allocate resources, ensuring safe, consistent, and reliable performance. We are proud to continue our support of Petrobras’ offshore projects and contributions to the development of Brazil’s energy sector.”
Oceaneering has been operating in Brazil for nearly 30 years. Through MPS, the company runs multiple facilities including centres for ROV, survey, subsea intervention tooling, and engineered solutions, along with an Onshore Remote Operations Centre in Macaé. The company also manages an umbilical manufacturing plant located in Niterói.
This press release contains forward-looking statements concerning anticipated revenue, contract durations, commencement dates, and work scopes. These statements are based on current expectations but are subject to risks and uncertainties, such as market conditions and counterparty performance. Actual results may differ materially from those projected. For more details on risks, refer to Oceaneering’s latest filings with the Securities and Exchange Commission.
Oceaneering is a global technology company providing engineered services, products, and robotic solutions to offshore energy, defence, aerospace, and manufacturing sectors.
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