NOV signed mid-2025 contracts to supply key equipment for a GustoMSC NG-16000X WTIV to be built by Hanwha Ocean, featuring a 2,600 tonnes crane and delivery planned for Q2 2028.
TotalEnergies booked a $700 million impairment in Q4 2025 mainly tied to offshore wind within its Integrated Power segment. Total impairments reached $900 million, while net renewable generation rose to 8.1 TWh and the portfolio increased to 19 GW.
Ulstein Verft’s yard no. 322 CSOV Genesis Sea nears completion of sea trials after speed, turning, crash/stop and DP tests, with FMEA/MTS remaining ahead of delivery this spring.
Transocean announced Norway fixtures totaling about $184 million in firm backlog, including a seven-well Encourage extension starting Q1 2027 and Enabler options adding 70 days through December 2027.
Harbour Energy completes its $3.2 billion acquisition of LLOG, adding a fully operated deepwater portfolio and targeting 65–70 kboepd by 2028 through high-margin assets.
MISC Berhad signed 15-year FSO bareboat charter and O&M contracts with ExxonMobil PNG Limited for Papua New Guinea, targeting start-up in the first half of 2028.
TenneT marked the first steel cut for Nederwiek 2 on 05 February 2026, the third GE Vernova–Seatrium project in its 2 GW programme, with three platforms now under construction.
CS WIND Offshore has received the Final Notice to Proceed for 44 Nordlicht II transition pieces, with total production of 68 units across Nordlicht I and II scheduled for 2026–2027.
Two Nordseecluster offshore substation topsides have been completed in Saint-Nazaire and are set to depart for installation in the German North Sea, supporting 660 MW (2027) and 900 MW (2029).
