Velesto Energy agreed to sell the Naga 3 jack-up rig to PT Indonesia Drilling Energy for $63 million cash, with the unit slated for Malaysian waters via TexCal Energy’s AFED subsidiary.
BW Energy and Maurel & Prom signed an SPA to acquire Azule Energy’s stakes in Angola’s Blocks 14 and 14K for up to $310 million, with closing expected mid-2026.
Shell has approved the Kaikias waterflood in the US Gulf of Mexico, targeting about 60 million metric boe (P50) in added recoverable resources, with first injection expected in 2028.
Seadrill has secured new contracts for West Neptune, Sevan Louisiana and Sonangol Quenguela in the U.S. Gulf and offshore Angola, adding about $48 million in backlog and extending work into early 2027.
China’s 800 MW Three Gorges Dafeng offshore wind project, with turbines positioned up to 85.5 km offshore, has reached full grid connection, supplying clean power for about 1.4 million households.
Jan De Nul has completed its 2025 campaign at TenneT’s DolWin kappa substation, installing three 155 kV HVAC export cables that link the Nordseecluster 1 and 2 offshore wind farms into the DolWin6 grid connection.
Ocean Infinity has taken delivery of the last vessel in its 14-strong Armada fleet, completing the 86 m class, with twelve ships in live operation and a strong focus on robotics at sea.
Odfjell Drilling has acquired the harsh-environment rig Deepsea Bollsta from Northern Ocean, will rename it Deepsea Bergen in 2026, and has boosted backlog and refinanced with new loans and a bond.
Norway’s Ministry of Energy has confirmed that two consortia, including Equinor Utsira Nord, Vårgrønn Utsira Nord and Harald Hårfagre, will each receive a project site for floating wind at Utsira Nord.
