The Who Dat East Joint Venture has sanctioned the Gulf of America development, with Karoon USA holding a 40% working interest and first production targeted for the second half of 2028.
Sable Offshore reported $137.1 million in Q2 2026 revenue as Santa Ynez Unit production increased, while the company prepared to restart Platform Hondo in September.
Borr Drilling has added eight jack-up contract commitments representing more than 2,100 days of firm work and approximately $267 million in Dayrate Equivalent Backlog.
Boskalis has prepared BOKA Sub C in Spain for a new FPSO hook-up assignment off Guyana after crane and thruster overhauls and a DP3 system upgrade.
Shearwater has received two ONGC Letters of Award for 3D seismic surveys off India’s West and East coasts, representing approximately 15 vessel months of backlog.
The BP-led Shah Deniz consortium has awarded Emerson an automation contract for the $2.9 billion Shah Deniz Compression project and its normally unattended Caspian Sea platform.
Aker BP and Equinor have completed the Svarteknippa well 15/6-17 in the Norwegian North Sea without a hydrocarbon discovery. The well has been permanently plugged and abandoned.
Expro has secured a multi-million-pound UK North Sea P&A contract covering six firm subsea wells and six optional wells using its 7-3/8” SSTTA safety system.
Valaris has added more than $160 million in contracted revenue backlog through new work for VALARIS DS-18, VALARIS 248 and VALARIS 123, taking total backlog to about $4.6 billion.
