
Gulf Marine Services Extends GCC Small-Class Vessel Contract
Gulf Marine Services has secured a 183-day extension for a Small-class vessel in the GCC, with two further three-month options available to the client.

Gulf Marine Services has secured a 183-day extension for a Small-class vessel in the GCC, with two further three-month options available to the client.

Shell has lost the latest stage of its South Africa offshore exploration dispute after the Constitutional Court ruled that the Wild Coast exploration right should be set aside.

DOF Group ASA has secured two APAC subsea contracts covering vessel deployment, subsea services and project support, with offshore work scheduled during 2026 and 2027.

The Tupi asset in Brazil’s pre-salt Santos Basin has reached cumulative production of 4 billion boe, the first Petrobras asset to reach that volume in its 73-year history.

Saipem has secured a $1.8 billion EPCI contract in the Middle East covering offshore and subsea facilities, with the client and project details undisclosed.

POSH has secured a lump sum subsea diving and installation contract from Subsea 7 Arabia, with POSH Deep scheduled for offshore execution in the Arabian Gulf in Q3 2026.

Saipem has signed an approximately €500 million LNTP with Sonatrach for Phase 1 of Algeria’s Projet Phosphates Intégré, covering early engineering, procurement and mobilisation work.

The third Gulf of America oil and gas lease sale generated $82.7 million in high bids, with 16 companies submitting 69 bids for 59 offshore blocks.

TechnipFMC has secured an Azule Energy contract for the West Hub Tails project, covering flexible flowlines, risers and associated equipment linked to the Agogo FPSO.
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