SBM Offshore has signed a US$465 million project financing agreement for FSO Chalchi, which will operate at the Trion field offshore Mexico under 20-year contracts with Woodside.
Ocean Installer has secured a major EPCI contract from Vår Energi for the Balder Next New Wells project, covering SURF installation for seven satellite well fields tied back to the Jotun FPSO.
Vestigo Petroleum confirmed that a fire occurred at its West Lutong Vent A facility offshore Sarawak on 28 June 2026. The fire has been brought under control, with no injuries reported and an investigation underway.
Equinor has received a drilling permit for the 30/8-7 S wellbore in production license 190. Odfjell Drilling’s Deepsea Bergen rig is set for the North Sea wildcat.
SBM Offshore has awarded SWS and CSTC a contract to construct the seventh Fast4Ward® Multi-Purpose Floater. The FPSO hull will offer storage capacity of up to 2.3 million barrels and accommodation for up to 240 personnel.
Australia’s proposed gas reservation scheme could include Shell’s Prelude LNG project, raising questions over pipeline access, domestic supply obligations and LNG project costs.
Hilong Holding said its subsidiary Hilong Petroleum Pipe Company LLC signed a $44.0 million drill string supply contract with ADNOC Drilling for 19 onshore and offshore rigs.
HELMS has secured a long-term offshore soil investigation contract from PETRONAS CCS Solutions to support CCS developments across Malaysia.
TotalEnergies and Petronas have started a $100 million to $200 million offshore exploration campaign near Kupiano in Papua New Guinea, with the drilling vessel Viking beginning operations.
