Energean has commissioned a second oil train on the Energean Power FPSO, lifting liquids capacity to 31,000 barrels per day at Karish and Karish North offshore Israel.
INA has completed the Ana-4 DIR well offshore Croatia, the first of five wells in a $74 million program. Initial tests recorded gas flow of approximately 160,000 m3 per day.
Sea1 Offshore has launched Sea1 Diamond, the first of four 120 m Offshore Energy Support Vessels being built by COSCO Shipping for delivery from 2027.
Saipem has secured a $260 million contract from Eni Côte d’Ivoire Limited for a long-term drilling campaign using the Santorini drillship from early 2027.
Altera Infrastructure’s FPSO business has completed its acquisition by Carlyle and begun operating independently under the Altera brand, led by chief executive officer Chris Brett.
Vår Energi and BlueNord have agreed to a $1.3 billion merger combining offshore oil and gas assets in Norway and Denmark, with closing expected around the end of 2026.
ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.
Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.
Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.
