Saipem completes Saudi drilling business sale to ADES
15, September 2026
Saipem has completed the sale of Saudi Arabian Saipem Limited to ADES. The company owns three jack-up rigs and has two additional units under lease.
Offshore
Hornbeck Secures North Sea Decommissioning Contract
15, September 2026
Hornbeck Offshore Services has secured a multi-year North Sea decommissioning contract with a two-year firm term, starting in Q2 2027 and using the Well Enhancer or Seawell.
Masdar Signs RWE, Luxcara MoUs for Offshore Wind and BESS Investment
15, September 2026
Masdar signed separate MoUs with RWE and Luxcara covering more than €3 billion and €5 billion, respectively, in potential offshore wind and BESS investments.
Skyborn Reaches Financial Close on 976.5 MW Gennaker Offshore Wind Farm
15, September 2026
Skyborn Renewables has reached financial close on the up to 976.5 MW Gennaker offshore wind farm, supported by €2.1 billion in non-recourse financing.
Ørsted Receives Final Tax Opinion on Walney Extension and Hornsea 1
14, September 2026
Ørsted has received a final tax opinion on Walney Extension and Hornsea 1, with the two UK offshore wind farms primarily subject to taxation in the UK.
Saipem wins $350 million West Hub Tails contract in Angola
14, September 2026
Saipem has secured an approximately $350 million offshore contract from Azule Energy Angola for subsea work on the West Hub Tails project offshore Angola.
SED Energy Holdings Plans All-Share Acquisition of Ventura Offshore
11, September 2026
SED Energy Holdings plans to acquire Ventura Offshore in an all-share transaction, creating a combined offshore drilling group with a pro forma equity value of about $1 billion.
Saipem, Jan De Nul Sign Rovuma LNG Phase 1 LOI with ExxonMobil
11, September 2026
Saipem and Jan De Nul have signed an LOI with ExxonMobil for preliminary engineering, procurement and technical work on the Rovuma LNG Phase 1 development in Mozambique.
GONDAN Shipbuilders Builds 120 m C513 OESV for Østensjø Rederi
11, September 2026
GONDAN Shipbuilders is building the 120 m C513 Ocean Energy Support Vessel for Østensjø Rederi, with delivery scheduled for the second half of 2027.
