Equinor says Empire Wind 1 could be cancelled unless the US stop-work order is lifted and key construction restarts by 16 January 2026, as the company pursues an injunction.
Equinor awards 12 framework agreements worth ~NOK 100 billion to seven suppliers for maintenance and modification work on NCS installations and Norwegian onshore plants from H1 2026.
BigLift Shipping B.V. expects m/v BigLift Pioneer to enter service toward end-2026 after a 2025 keel laying with CY Shipping, extending a partnership formed in 2019 and expanding the joint HTV platform.
Borr Drilling confirms new jack-up work: Ran extends in Mexico for a 75-day ENI well, while Odin secures a US two-well programme with an optional third, starting mid-2026.
TechnipFMC has secured a $600–800 million iEPCI contract from bp for the 20K Tiber Paleogene greenfield development in the Gulf of America, leveraging work already underway for Kaskida.
TSIB found that fatigue, bridge distraction and disabled radar alarms combined as Hafnia Nile closed the anchored Ceres I, leading to collision, fire and pollution response.
According to Reuters, PDVSA is shutting in wells and joint ventures as a US oil embargo freezes exports, fills storage, disrupts Russian diluent supplies and raises risks for refining and fuel markets.
Petrobras starts production from the P-78 FPSO at Búzios, designed for 180,000 barrels/day and 7.2 million m³/day of gas.
Saipem has won a $425 million EPCI contract for three subsea pipelines on Turkey’s Sakarya Phase 3 project, linking the Goktepe gas discovery to Black Sea facilities alongside its earlier $1.5 billion scope.
