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Transocean to acquire Valaris in all stock transaction

Monday, February 9 2026

General – Shares

Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.

[Read more…] about Transocean to acquire Valaris in all stock transaction

Filed Under: International projects, Share purchase, shareholder, sharing agreement, Transocean, Valaris Tagged With: shares, transaction, transocean, Valaris

Long term management of W2W vessel

Monday, February 9 2026

General – Management Contract

GO OFFSHORE from Australia has been awarded the long‑term management of a newbuild Walk‑to‑Work (W2W) vessel, to be owned and built by a leading energy provider.

[Read more…] about Long term management of W2W vessel

Filed Under: Australia, International projects, Management, W2W Tagged With: australia, GO Offshore, management contract, W2W

Porthos wells ready for CO₂ injection

Sunday, February 8 2026

General – CO2 Wells

At the end of January, an important step was taken in the offshore work for the Porthos project: work on the wells in the North Sea was completed.

[Read more…] about Porthos wells ready for CO₂ injection

Filed Under: CO2, CO2 storage, International projects, Porthos Tagged With: CO2, Porthos, storage, wells

Lidl buys offshore wind power from RWE in UK

Sunday, February 8 2026

General – Power Purchase

RWE has signed a five-year Power Purchase Agreement (PPA) with the discount supermarket Lidl GB.

[Read more…] about Lidl buys offshore wind power from RWE in UK

Filed Under: Gwynt y Môr, International projects, Power purchase, RWE Tagged With: Gwynt y Môr, Lidl, Power Purchase Agreement, RWE

New WTIV order for Hanwha Ocean in Korea

Friday, February 6 2026

Wind Energy – WTIV

Hanwha Ocean has secured an order for a WTIV (Wind Turbine Installation Vessel) worth KRW 768.7 billion from Ocean Wind Power 1!

[Read more…] about New WTIV order for Hanwha Ocean in Korea

Filed Under: installation vessel, International projects, Korea, WTIV Tagged With: korea, Ocean Wind Power, Shinan Ui, WTIV

Decision to revoke 22 permits including wind power projects in Korea

Friday, February 6 2026

General – Korea

Amid recent changes in leadership at the chairperson and most of its members, the Electricity Commission under the Korean Ministry of Climate, Energy, and Environment has shown signs of a shift in its activities.

[Read more…] about Decision to revoke 22 permits including wind power projects in Korea

Filed Under: cancellation, International projects, Korea Tagged With: cancellations, Electricity Commission, fuel cell projects, korea, wind power projects

Shell sells 20% stake in Brazil’s Orca Deepwater Project

Thursday, February 5 2026

General – Acquisition

Shell has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).

[Read more…] about Shell sells 20% stake in Brazil’s Orca Deepwater Project

Filed Under: Brazil, International projects, Orca Deepwater Project, Shell Tagged With: Brazil, KUFPEC, Kuwait, Orca Deepwater, Shell

TGS bags seismic work offshore Norway and Libya

Thursday, February 5 2026

General – Seismic Survey

Seismic data specialist TGS has won two contracts, one for 4D streamer acquisition in the North Sea offshore Norway and one to expand multi-client data activities in Libya.

[Read more…] about TGS bags seismic work offshore Norway and Libya

Filed Under: International projects, Libya, Norway, Seismic, seismic survey, TGS Tagged With: Contracts, Libya, norway, seismic survey, TGS

FPSO ONE GUYANA purchased by ExxonMobil Guyana

Thursday, February 5 2026

General FPSO Transaction

SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO ONE GUYANA.

[Read more…] about FPSO ONE GUYANA purchased by ExxonMobil Guyana

Filed Under: ExxonMobil, FPSO, Guyana, International projects, SBM Offshore Tagged With: ExxonMobil, FPSO, Guyana, SBM Offshore

Spain opens first offshore wind auction

Thursday, February 5 2026

Wind Energy – Spain

Spain has formally taken its first step towards launching offshore wind through a public consultation on the country’s inaugural auction scheme.

[Read more…] about Spain opens first offshore wind auction

Filed Under: auction, International projects, Spain, wind energy Tagged With: auction, Spain, wind energy

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