
Paratus Secures Mexico Clearance for Fontis Jack-up Sale
Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.

Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.

Odfjell Drilling has secured a one-year Aker BP extension for Deepsea Nordkapp, extending the semi-submersible rig’s firm contract period through the end of 2028.

Petronas Carigali has negotiated a 10-year extension for the Ratu Nusantara FPSO at Indonesia’s Bukit Tua oilfield, keeping the production vessel in operation until 2036.

Baker Hughes will acquire Chart Industries for $13.6 billion in cash, adding process technology capabilities and targeting $325 million in annualized cost savings by the end of year three.

Delfin Midstream has ordered long-lead equipment from Siemens Energy for FLNG2 as MidOcean Energy agrees to acquire up to a 50% interest in the offshore Louisiana LNG project.

Harbour Energy has launched a tender for front-end engineering design of an FPSO for the Zama oil field offshore Mexico. The contract includes a lease-and-operate option as the partners progress FEED work toward a planned final investment decision.

CB&I has secured a further EnQuest contract to continue as Duty Holder for the Kittiwake platform through cessation of production and decommissioning in the UK North Sea.

Shell has launched a drilling services tender for four wells at Venezuela’s Dragon gas project, with work planned from the second quarter of 2027 subject to a positive final investment decision.

ExxonMobil Angola is advancing Block 15 redevelopment and assessing acreage in the Benguela and Namibe basins as Brian Unietis prepares to speak at AOG 2026.
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