Shell has completed the $1.7 billion Na Kika and Coulomb asset sale in the U.S. Gulf, receiving about $840 million in cash proceeds at closing on 22 September 2026.
Westwood forecasts offshore oil and gas field development CAPEX of $137 billion in 2026 after recording 38 offshore field FIDs and $66.4 billion of committed CAPEX in the first half.
Saipem has secured an eight-month commissioning services contract for the Osman Gazi FPU, intended for Türkiye’s Sakarya gas field in the Black Sea.
Samsung Heavy Industries plans to expand its Busan R&D Center with a KRW 8.6 billion investment as engineering work increases for the Delfin FLNG project.
Wison New Energies has started hull construction for the Baleine Phase 3 FPSO, completing the first steel cut on 30 August 2026 for the offshore Côte d’Ivoire development.
Rosebank’s public consultation period was scheduled to run until 17 August 2026 as Adura’s offshore development continues through the UK consent process.
Sarens completed the weighing and load-out of eight FPSO P-82 modules at Seatrium’s Aracruz shipyard in Brazil, using 112 axle lines of SPMTs and 16 load cells.
The third Gulf of America oil and gas lease sale generated $82.7 million in high bids, with 16 companies submitting 69 bids for 59 offshore blocks.
The Who Dat East Joint Venture has sanctioned the Gulf of America development, with Karoon USA holding a 40% working interest and first production targeted for the second half of 2028.
