Sabah Shell Petroleum Company awarded Velesto Workover two multi-year contracts for offshore Sabah deepwater support, covering top tension riser maintenance on a tension leg platform, delivered with INVX Asia Pacific.
Subsea7 CEO John Evans exits on 30 June after 40 years with the group; Seaway7 head Stuart Fitzgerald steps in on 1 July and is also proposed for the Saipem7 set-up if the deal completes.
MHB says its unit Malaysia Marine and Heavy Engineering won a four-year PTTEP contract for Sarawak-related EPC work, covering marginal field facilities and up to 11 wellhead platforms to be built at Pasir Gudang.
Dogger Bank B has installed its first turbine. WTIV Voltaire is working in the array area with CSOV IWS Skywalker supporting construction, and turbine installation is expected to continue to about Q2 2027.
OceanPact and CBO plan to combine, forming a 73-vessel offshore support and marine services platform in Brazil with revenue above $778 million and backlog near $2.7 billion.
Arabian Drilling restarted recalled rigs and scheduled another to begin on 2 March 2026, while launching its first GCC international offshore contract focused on exploration work.
Equinor completed its probe into the 23 September 2025 well-control event on Deepsea Bollsta at Troll, detailing a short gas release during casing cutting and follow-up measures.
Velesto Energy confirmed a 60-month charter for jack-up Naga 2 with Petronas Carigali, starting in February 2026. Contract value was undisclosed, with the deal expected to support utilisation and earnings visibility through 2030.
The Philippines DOE opened GEA-5 pre-qualification from 2–16 March 2026, launching the first offshore wind auction process. The round offers 3,300 MW for 2028–2030 delivery, with bidding set for late July–late September 2026.
