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Blogs forFebruary 12th, 2026

TotalEnergies logs $700m offshore wind impairment

TotalEnergies booked a $700 million impairment in Q4 2025 mainly tied to offshore wind within its Integrated Power segment. Total impairments reached $900 million, while net renewable generation rose to 8.1 TWh and the portfolio increased to 19 GW.

Transocean Adds $184 Million Norway Rig Backlog

Transocean announced Norway fixtures totaling about $184 million in firm backlog, including a seven-well Encourage extension starting Q1 2027 and Enabler options adding 70 days through December 2027.

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