Borr Drilling reported higher Q3 2025 revenue and new contracts in Mexico, the Gulf of America, and Angola, with strong rig utilization across its fleet.
Copenhagen Infrastructure Partners will invest USD 3 billion in its first offshore wind project in the Philippines with ACEN, supporting the country’s renewable energy transition.
Ørsted reported a DKK 1.7bn net loss in Q3 2025, reversing a prior-year profit as offshore wind earnings weakened amid lower wind speeds.
Allseas will install the 150 km, 24-inch Rome Pipeline for Shell and Chevron’s joint venture, enhancing oil transport capacity and efficiency in the U.S. Gulf.
ECOLOG and DESFA received €169.3 million in EU Innovation Fund support to build Greece’s APOLLOCO2 floating CO₂ liquefaction and storage facility.
DEME, Qair, and Aspiravi realigned ScotWind ownership: DEME 70% and Aspiravi 30% own Bowdun, while Qair takes full control of Ayre.
A federal judge authorized the Trump administration to reexamine SouthCoast Wind’s permits, pausing the Nantucket case while BOEM conducts review.
Eni and PETRONAS formed an equal joint venture combining upstream operations in Indonesia and Malaysia, investing over $15 billion over the next five years.
Valaris reports multiple contract extensions in the UK North Sea, including a 194-day extension for the VALARIS 121 from Shell and a 150-day extension with Ithaca Energy.
