Shell has approved Malikai Phase 3 offshore Malaysia. Four new wells are expected to lift production from 25,000 to around 40,000 barrels per day from the third quarter of 2028.
Mermaid Maritime has established a wholly owned corporate presence in Delaware to pursue subsea and offshore marine service opportunities in the United States.
Smulders HSM has secured a ONE-Dyas contract to construct and integrate an 875 t compression module for the N05-A offshore gas development in the Dutch North Sea.
Talos Energy has contracted Seadrill’s West Vela drillship for a one-year term beginning in mid-2027, with extension options. The company disclosed the agreement in its second-quarter 2026 results.
Fugro has secured a three-year contract to provide FCV3000 ROV support aboard the Platinum Explorer for ONGC drilling operations in Indian waters at depths of up to 3,000 m.
Beacon Offshore Energy is preparing the second Monument development well in the U.S. Gulf, with first production targeted for the end of 2026.
KOIL Energy Solutions has formed an alliance with Pipeline Network to expand its subsea products, rental equipment, field services and customer support across the Eastern Hemisphere.
Vantris Energy has secured RM830 million in offshore transportation, installation and tender-assisted drilling work, increasing its orderbook to more than RM6 billion.
ADNOC and SLB have deployed an AI-enabled Real-Time Operations Center across more than 120 rigs, reducing engineering effort and helping avoid up to two days of downtime.
