Elegant Exit Company, RM Company and ISSAC Green Tech have signed an MoU to pursue a green ship recycling hub in South Korea following the entry into force of the Hong Kong Convention.
Noble Interceptor has secured a 670-day ConocoPhillips plug and abandonment contract in the Greater Ekofisk Area offshore Norway, with work expected to start in Q3 2027.
ConocoPhillips and CNOOC have brought Bohai Phase 5 into full operation at the Penglai oil field, adding two wellhead platforms, four platform expansions, 91 wells and new electrical infrastructure.
McDermott Energy Solutions (UK) has received an LOI from ExxonMobil Moçambique for engineering and procurement work on Rovuma LNG Phase 1 ahead of a planned 2026 FID.
BP will acquire Woodside Energy’s 70% stake in the Calypso gas project offshore Trinidad and Tobago, giving BP full ownership of the 3.5-trillion-cubic-foot discovery.
RWE U.S. Offshore has agreed a $1.22 billion settlement with the U.S. Department of the Interior and will relinquish offshore wind leases in New York Bight, California and Louisiana.
HII has signed HYPR production agreements with GrayMatter Robotics and Path Robotics covering up to $900 million in potential shipbuilding work over seven years.
Inch Cape Offshore Wind Farm has completed installation of 54 transition pieces, with Seaway7 carrying out the campaign from Leith using Seaway Alfa Lift.
Sonangol and ANPG confirmed productive gas and condensate intervals at the Katambi-2 appraisal well in Angola’s Block 24. Preliminary testing indicated potential production of more than 100 MMscfd.
