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Blogs forDecember 12th, 2025

Former CNOOC leader faces bribery indictment

Former CNOOC deputy GM Yuan Guangyu has been formally charged by prosecutors in Xuzhou, Jiangsu, over allegations that he took extremely large bribes while holding senior posts at CNOOC Bohai and CNOOC Limited.

Seatrium lifts 2025 orderbook above $3bn

Seatrium and GE Vernova have secured TenneT’s BalWin5 2.2 GW offshore grid connection in Germany, lifting Seatrium’s 2025 orders above S$4 billion (US$3.08 billion) with commissioning planned in 2032.

Shell secures Deepsea Mira for Namibia

Shell has chartered the semi-submersible rig Deepsea Mira from Northern Ocean for a one-well drilling campaign offshore Namibia starting in April 2026, with an option well and $16 million of firm backlog.

Caspian Rig Strike Halts Output

Ukraine says drones hit the Filanovsky rig in the Caspian Sea, halting output at a Lukoil-owned platform serving more than 20 oil and gas wells.

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