
Transocean Wins 390-Day Mediterranean Job for Deepwater Asgard
Transocean has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.

Transocean has secured a 390-day, five-well contract for the Deepwater Asgard drillship in the Eastern Mediterranean, adding about $158 million to backlog.

Energean has secured approval to restart the Energean Power FPSO offshore Israel, allowing output at the Karish field to resume after precautionary shutdowns.

Eni has announced a 2 Tcf gas and condensate discovery at Denise W-1 in Egypt’s offshore Temsah Concession. The find is close to existing infrastructure, supporting a fast-track development path in the Eastern Mediterranean.

Energean said the Katlan subsea development offshore Israel remains on track for first gas despite the suspension of the Energean Power FPSO at Karish. The company also reported contract progress, Egypt concession talks and continued activity in the UK North Sea.

Israel directed Chevron Mediterranean to suspend Leviathan gas production 130 km offshore Haifa. The halt will temporarily impact Israel’s grid and supplies to Israel, Egypt and Jordan, with partners set to notify customers under force majeure.

Chevron awarded Subsea7 a “substantial” Eastern Mediterranean subsea job covering installation of ~17,000 m of flowlines and umbilicals, with offshore work expected to start in Q1 2028.

Chevron and partners have taken FID to expand the Leviathan gas platform offshore Israel, adding new wells and subsea infrastructure to lift gas deliveries to Israel and regional markets to about 21 bcm a year.
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