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Blogs forOctober 15th, 2026

Seadrill Hercules ruling upheld in $55m appeal

The Norwegian appeals court upheld a finding that Seadrill breached its contractual obligations when returning the semi-submersible rig Hercules in 2022, with interest and legal costs increasing the award.

Ofgem to launch £3.5bn Hornsea 3 transmission tender

The 2.9 GW Hornsea 3 project has installed both offshore HVDC converter stations and advanced its export cable works, while investors prepare to compete for ownership and operation of its transmission infrastructure.

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