Arabian Drilling received notice to resume two offshore rigs at market day rates, with operations starting in Q1 2026 and offshore utilization reaching 100% in Q2.
Valaris will warm-stack its MS-1 and DPS-1 semi-subs in Malaysia after completing contracts in Australia by end-2025.
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
Dominion Energy confirmed commissioning delays on its $715M WTIV Charybdis but said the Coastal Virginia Offshore Wind project remains on schedule.
Reuters reported that Exxon Mobil is looking to lift force majeure on its $30 billion Mozambique LNG project as security improves.
TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.
Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.
The Netherlands faces a setback in offshore wind expansion as no bids were submitted for the Nederwiek I-A site in the North Sea.
Prosafe confirmed that Ithaca Energy exercised a two-week option for the Safe Caledonia at the Captain field, keeping the TAMS semi-submersible ASV in service until mid-December 2025.
