Saipem’s Castorone has arrived in the Southern North Sea to begin installing NEP’s 136 km CO2 pipeline linking Teesside and the Humber with the Endurance storage site.
bp has agreed terms for Shell to acquire stakes in the Tupinambá block offshore Brazil and the Conifer prospect in the deepwater US Gulf of Mexico, with bp remaining operator.
Hornbeck Offshore Services and Helix Energy Solutions Group completed their all-stock merger, with the combined company taking the Hornbeck name and NYSE ticker HOS.
Subsea7 has secured a contract from LLOG Exploration Company LLC for the Who Dat East development in the US Gulf, including a 29-kilometre riser and pipe-in-pipe installation.
Wison New Energies has started hull construction for the Baleine Phase 3 FPSO, completing the first steel cut on 30 August 2026 for the offshore Côte d’Ivoire development.
Valeura Energy is accelerating the Wassana redevelopment in the Gulf of Thailand, with CPP installation set for October 2026 and first oil possible around the beginning of Q2 2027.
PV Drilling will mobilize Borr Drilling’s IDUN jack-up rig for PVEP-HCM’s three-well TL-WHP program offshore Vietnam, with the 134-day campaign expected to start in mid-October 2026.
Kim Heng and Heungwoo Industrial will establish Heungwoo Thaitan in South Korea, with the JV supporting HDD, pipe jacking and direct pipe business opportunities onshore and offshore.
Kongsberg Maritime will supply deck machinery, propulsion, power and automation systems for a new Solstad Offshore-SBM Offshore deepwater installation and construction vessel.
