Brazil’s Petrobras has issued a tender dated 8 December 2025 for decommissioning and reuse work on ageing FPSOs P-35 and P-37 from the Marlim field in the Campos basin.
Seatrium Offshore Technology has secured a repeat contract from International Maritime Industries for Kingdom 4, a LeTourneau Super 116E Class jack-up rig, deepening offshore drilling cooperation in the Kingdom.
Noble Corporation plc will sell six jackup rigs for about $424 million, with five units going to Borr Drilling Limited and one to Ocean Oilfield Drilling, leaving Noble focused on deepwater and ultra-harsh jackups.
COSCO Shipping has agreed a $7 billion framework with China State Shipbuilding to build 87 new vessels across its fleet, adding to an already large orderbook of containerships, bulkers and tankers.
TotalEnergies will merge its UK offshore assets with Neo Next Energy to form Neo Next+, expected to be the largest independent oil and gas producer in the UK with output above 250,000 boe/d in 2026.
Semi-submersible heavy-lift vessel GPO Sapphire is transporting jack-up rig PV Drilling IX from Rotterdam to Vietnam, ahead of the rig’s reactivation and deployment in the Asia-Pacific market from 2026.
HD Hyundai has signed an exclusive agreement with Tamil Nadu to plan a new shipyard in the state, with Thoothukudi among the candidate sites, in a trillion-won class project tied to India’s Maritime Amrit Kahl Vision 2047.
Equinor has reported gas and condensate discoveries at the Lofn and Langemann wells in PL1140 near Gudrun and Eirin, adding an estimated 30–110 million barrels that can be tied back to Sleipner infrastructure.
General Dynamics NASSCO, Samsung Heavy Industries and DSEC have formed a three-way agreement to advance U.S. ship design and manufacturing automation, including the Navy’s Next Generation Logistics Ship program.
