
New Fortress Energy Sells Sevan Driller and Sevan Brasil for Scrap
New Fortress Energy has sold Sevan Driller and Sevan Brasil for demolition after previously planning to convert the former Seadrill units into floating LNG liquefaction facilities.

New Fortress Energy has sold Sevan Driller and Sevan Brasil for demolition after previously planning to convert the former Seadrill units into floating LNG liquefaction facilities.

The Saipem-Subsea7 merger remains targeted for the second half of 2026 after the European Commission suspended the timetable for its antitrust review.

Solstad Maritime has announced a two-year Petrobras contract for Normand Valiant in Brazil, with a gross value of approximately $62 million and commencement planned for Q4 2026.

Allseas has secured a contract to install approximately 50 km of subsea pipeline for the Prince Rupert Gas Transmission system in northwestern Canada.

BW Group and BW Offshore have appointed Matthew White as CEO of BW Elara. The joint venture will focus on floating desalination solutions to help address water scarcity through floating desalination units.

SBM Offshore has awarded SWS and CSTC a contract to construct the seventh Fast4Ward® Multi-Purpose Floater. The FPSO hull will offer storage capacity of up to 2.3 million barrels and accommodation for up to 240 personnel.

Modules for the Bouri Gas Utilization Project have left Italy for offshore installation in Libya, closing the onshore construction phase.

Petrodec has mobilized OBANA for jacket removal work at Pickerill and Amethyst in the UK Southern North Sea.

Shearwater GeoServices sells idle vessel SW Baret for conversion into a source vessel, expecting a financial gain from the transaction.
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