Technical issues during Akrake Petroleum’s offshore drilling campaign at Benin’s Sèmè field have delayed start-up beyond 2025, despite ongoing work with the Gerd jack-up rig.
CNOOC Limited reports a major discovery at the Qinhuangdao 29-6 Oilfield in the central Bohai Sea, with proved in-place volumes exceeding 100 million tons of oil equivalent and a test rate of about 2,560 barrels per day.
Eidesvik Offshore awards contracts for PSV Viking Princess to support Deepsea Yantai. Work is estimated at 300–365 days, starting January 2026.
Gulf Marine Services secures a European contract for two Large-class vessels spanning 985 days, lifting contracted backlog to $540 million as offshore regional support continues.
Wärtsilä agreed to divest its Gas Solutions business to Mutares. Gas Solutions generated EUR 300 million revenue in 2024, with completion expected in Q2 2026 subject to approvals.
Empire Offshore Wind said it is complying with a BOEM stop-work notice issued on 22 December on national security grounds, suspending offshore activities on the US Outer Continental Shelf.
Ørsted agreed to sell a 55% stake in the 632 MW Greater Changhua 2 offshore wind project to Cathay, with closing aligned to commercial operations expected in Q3 2026.
Aphrodite gas field partners approved FEED for production and export infrastructure, enabling $105.7 million in spending and keeping first gas guidance at 2031.
Upstream reports that Petronas Carigali has awarded Muhibbah Engineering a RM700m–850m EPC contract for wellhead platforms on the Sepat integrated redevelopment project offshore Kuala Terengganu, with completion due by Q1 2029.
