LATEST NEWS
Vår Energi and BlueNord Agree $1.3 Billion Merger
Vår Energi and BlueNord have agreed to a $1.3 billion merger combining offshore oil and gas assets in Norway and Denmark, with closing expected around the end of 2026.
MOL-Managed LNG Saturn Crew Receives IMO Commendation for Malacca Strait Rescue
The crew of MOL-managed LNG Saturn received an IMO Letter of Commendation after rescuing six people from KM Limadai 8 in the Strait of Malacca.
ADNOC Takes $6.2 Billion FID for Umm Shaif Gas Cap
ADNOC has taken a $6.2 billion FID for the Umm Shaif Gas Cap, targeting more than 600 million scfd of gas and associated liquids with production expected by 2030.
Sarens Prepares 17,666 t Valhall PWP Topside Load-Out
Sarens is preparing 560 SPMT axle lines and 24 PPUs for the July 2026 load-out of the 17,666 t Valhall PWP topside in Stord after module operations across Norway.
Paratus Gains Mexico Approval for Fontis Jack-Up Sale
Paratus Energy Services has received Mexican competition clearance for the sale of Fontis Finance’s drilling operations and five jack-up rigs to CME and BC Ventures.
Velesto Terminates Naga 8 Drilling Contract in Malaysia
Velesto Energy has terminated a drilling contract involving the Naga 8 jack-up rig in Malaysia. The rig remains deployed for Jadestone’s East Belumut Phase 9 project until July 2026.
Fugro Signs Greater Sunrise and Bayu Undan Survey Contract
Fugro has signed a contract for geophysical, seismic, AUV and environmental surveys covering the Greater Sunrise and Bayu Undan developments in Timor-Leste.
Sanctioned Heavy-Lift Vessels Glory Ocean and Bright Ocean Complete Arctic LNG 2 Module Delivery
Sanctioned heavy-lift vessels Glory Ocean and Bright Ocean have delivered TMR-001 and TMR-002 modules to Novatek’s Belokamenka yard for the Arctic LNG 2 project.
Dynacom Tanker Kavomaleas Abandoned After Attack off Oman
Dynacom Tankers’ Kavomaleas was abandoned after two projectiles caused an engine-room fire near Kumzar, Oman. All crew members were rescued and taken safely ashore.
