xxonMobil has sued California over new corporate climate disclosure laws, arguing the measures violate free speech rights and exceed the state’s legal authority.
Borr Drilling extends contracts for three jack-up rigs with Pemex worth $213 million, including new terms and options through 2026.
Petrofac has filed for administration after the termination by TenneT of a major offshore wind contract, placing thousands of jobs at risk and derailing its restructuring plan.
ScottishPower Renewables has installed a 10,700-tonne HVDC converter platform at the 1.4 GW East Anglia 3 offshore wind farm, using Heerema’s Sleipnir vessel.
TotalEnergies has lifted the four-year force majeure on its $20 billion Mozambique LNG project, with operations expected to start in 2029 pending government approval of an updated plan.
Malaysia has proposed a 2,000 MW offshore wind project in collaboration with Vietnam and Singapore, aiming to start operations in 2034. Of this capacity, 700 MW will be used domestically while 1,300 MW will be exported to Singapore.
Woodfibre LNG’s export terminal in Squamish, British Columbia, has passed the halfway point of construction. The company reported visible progress across onshore and offshore works during the summer, including major foundation and module installation milestones.
The U.S. Interior Department expects to finish the key engineering and cost study for the 800-mile Alaska LNG pipeline by the end of 2025, according to Reuters. The long-awaited project aims to transport natural gas from Alaska’s North Slope to the Gulf of Alaska for LNG export.
Valaris strengthens its North Sea operations with $190 million in new rig contracts and a $108 million asset sale, boosting its contract backlog to $4.5 billion.
