ADES Wins Nigeria Jack-Up Contract
15, May 2026
ADES Holding Company secured a $48.2 million offshore drilling contract in Nigeria for the Main Pass IV jack-up rig, with work expected to start in Q3 2026.
Offshore
TotalEnergies and Chevron Advance Nigeria Deepwater Drilling
14, May 2026
TotalEnergies and Chevron are advancing offshore drilling and appraisal work in Nigeria as West Africa’s deepwater sector attracts renewed investment interest.
Middle East Conflict Slows Jackup Recovery
14, May 2026
The Middle East jackup market has slowed after escalating regional conflict disrupted offshore drilling activity across the Arabian Gulf. Westwood said rig suspensions, delayed drilling campaigns and contract terminations pushed marketed fleet utilization down sharply, delaying the expected recovery in 2026.
DOF to Sell Skandi Connector to South Korean buyer
14, May 2026
DOF has agreed to sell the 2016-built cable-laying vessel Skandi Connector to Taihan Cable & Solution, expanding South Korea’s cable-laying fleet.
IQIP Unveils Hybrid Installation System for Hard-Rock Wind Sites
14, May 2026
IQIP launched a hybrid offshore foundation installation system designed for hard-rock seabed conditions, combining drilling and pile-driving for offshore wind monopile projects.
Etu Energias Confirms Angola Oil Discovery
14, May 2026
Etu Energias confirmed a successful appraisal result at the Espadarte 7ST2 well in Angola’s Block 2/05, reporting eight productive intervals and 53 m of net pay.
MacGregor Certifies Floating Gangway Transfers
14, May 2026
MacGregor completed DNV-certified sea trials for its Horizon V4 active motion compensated gangway, confirming safe personnel transfers between independently moving offshore assets in open-water conditions.
DEME Names Norse Energi for Wind Projects
13, May 2026
DEME Group has named its new jack-up installation vessel Norse Energi in the Netherlands, with work lined up at Windanker and Hornsea 3 in 2026.
Mubadala Invests in UK Hornsea 3 Offshore Wind Farm
13, May 2026
Mubadala Investment Company has invested $325 million in Ørsted’s Hornsea 3 offshore wind project, joining an Apollo-led consortium in the UK development.
