Signed on 10 November, the bilateral compact covers floating foundation technology, subsea engineering, turbine manufacturing and joint investment to advance offshore wind projects in both countries.
Two deepwater wells drilled by Noble Viking have entered the Malampaya production system, adding an estimated 222 Bcf of recoverable gas and potentially extending the field’s productive life by six years.
Petrobras has accepted Seagems’ bid for Sapura Jade in its 2028 PLSV tender. The proposed four-year contract remains subject to formal award and execution of definitive agreements.
Only 35% of UK offshore energy suppliers surveyed are confident about domestic business prospects, while 80% expect greater growth overseas, according to OEUK’s Supply Chain Report 2026.
HEA Energy’s acquisition agreement for Seaway7 Heavy Transport marks another ownership change for the former OHT business, extending its history from the 2021 Seaway7 combination to a new offshore services owner.
