Valaris to Warm-Stack Two Semi-Sub Rigs in Malaysia by End-2025
3, November 2025
Valaris will warm-stack its MS-1 and DPS-1 semi-subs in Malaysia after completing contracts in Australia by end-2025.
oil and gas
Equinor Extends Deepsea Bollsta Contract for Johan Sverdrup Drilling
3, November 2025
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
TotalEnergies Confirms Mozambique LNG Budget at $20.5 Billion, Prepares for Restart
31, October 2025
TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.
Fugro Q3 2025 EBITDA Drops as Offshore Wind Weakness and Project Delays Persist
31, October 2025
Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.
GO Offshore and Dong Fang Offshore Sign MoU for Offshore Vessel Cooperation
30, October 2025
GO Offshore and Dong Fang Offshore sign MoU to cooperate on offshore wind and oil & gas vessel projects in Australia and Asia-Pacific.
SBM Offshore Expands Fast4Ward Program with New Hull Agreement at COSCO
22, October 2025
SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.
Saipem Secures USD 135 Million in Offshore Drilling Contracts Across Key Global Regions
22, October 2025
Saipem has strengthened its global offshore drilling orderbook with USD 135 million worth of new and extended contracts across West Africa, the Mediterranean, and the Far East.
Pharos Energy Launches Six-Well Drilling Campaign Offshore Vietnam to Boost Production in 2026
21, October 2025
Pharos Energy has launched a six-well offshore drilling campaign in Vietnam aimed at boosting production capacity from 2026.
Petrobras Receives IBAMA Approval to Drill Exploratory Well in Brazil’s Equatorial Margin
21, October 2025
Petrobras has received IBAMA’s environmental authorization to begin exploratory drilling in Brazil’s Equatorial Margin near the Amazon River’s mouth, ending a costly delay and advancing its offshore program.
