
ADNOC Takes $6.2 Billion FID for Umm Shaif Gas Cap
ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.

ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.

Sarens is preparing 560 SPMT axle lines and 24 PPUs for the July 2026 load-out of the 17,666 t Valhall PWP topside in Stord after module operations across Norway.

Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.

Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.

Fugro has signed a contract for geophysical, seismic, AUV and environmental surveys covering the Greater Sunrise and Bayu Undan developments in Timor-Leste.

Sanctioned heavy-lift vessels Glory Ocean and Bright Ocean have delivered TMR-001 and TMR-002 modules to Novatek’s Belokamenka yard for the Arctic LNG 2 project.

Dynacom Tankers’ Kavomaleas was abandoned after two projectiles caused an engine-room fire near Kumzar, Oman. All crew members were rescued and taken safely ashore.

Sinokor Group has offered tanker crews six months’ extra salary for a one-month voyage through the Strait of Hormuz amid attacks on shipping in the Persian Gulf.

Dismantling of MSC Baltic III has begun off Newfoundland as Resolve Marine removes the accommodation block and prepares to pull the wreck’s forward section ashore.
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