
Eldorado Outbids Saipem for Deep Value Driller
Saipem’s planned $272.5 million purchase of Deep Value Driller fell through after seller Deep Value Driller accepted Eldorado Drilling’s $300 million cash offer and signed a binding agreement.

Saipem’s planned $272.5 million purchase of Deep Value Driller fell through after seller Deep Value Driller accepted Eldorado Drilling’s $300 million cash offer and signed a binding agreement.

Seaway Alfa Lift has berthed in Invergordon to mobilise for Inch Cape, where it will install 18 jacket foundations and 54 transition pieces ahead of the 1.1GW project’s turbine phase.

Kongsberg Maritime will deliver an integrated technology package for LS Marine Solution’s ultra-large CLV at Tersan Shipyard, covering DP, control/navigation, hybrid DC power, propulsion and thrusters.

Kosmos Energy agreed to sell its 40.4% non-operating interest in Equatorial Guinea’s Ceiba and Okume assets to Panoro for $180 million plus up to $39.5 million contingent payments.

Inch Cape published an independent report forecasting £4.7bn lifetime UK investment, £2.7bn in Scotland, 2,600 FTE peak jobs and 50 long-term roles at Port of Montrose, with first power due late 2026.

Velesto Energy secured a $16.5m-plus jackup contract from Jadestone Energy for the 2015-built Naga 8 rig to drill East Belumut Phase 9 from March–July 2026.

MoU signed by Cyan Renewables, Blue Water Shipping and LX International targets a dedicated offshore wind marshalling port in Dangjin with 480 m quay and a 14 m deepwater berth.

Vaalco reports Etame 15H-ST onstream in Gabon at about 2,000 barrels per day and confirms operatorship of Côte d’Ivoire’s Kossipo, targeting an FDP in H2 2026 with the Baobab Ivorien FPSO expected back in late March.

Saipem has deployed an AI predictive maintenance system on Saipem 12000 and is advancing a similar project on Saipem 7000 targeting diesel generators to support offshore safety and efficiency.
For general inquiries and to contact us,
please email: info@hmt-news.com