Asset Sale
Reports suggest that BP is in exclusive talks with Energean about selling its oil and gas assets in Egypt.
[Read more…] about BP sells oil and gas assets in EgyptSubsea pipeline installation at Egypt’s Kamose Gas field
Fossil Energy
Petroleum Marine Services (PMS) has completed the installation of three subsea pipelines for the fourth phase of the Kamose offshore gas field development in Egypt.
[Read more…] about Subsea pipeline installation at Egypt’s Kamose Gas fieldWell-Safe Solutions signs strategic partnership with NMC Energy
Decommissioning
Well-Safe Solutions has signed a strategic partnership agreement with NMC Energy (NMC) to support ongoing operations, including the Apache Beryl and Forties decommissioning contracts.
[Read more…] about Well-Safe Solutions signs strategic partnership with NMC EnergyØrsted suspends bidding for 1.4GW Incheon Offshore Wind Project
South Korea
Ørsted has suspended its bid for the 1.4GW Incheon offshore wind project and begun restructuring its South Korean operations.
[Read more…] about Ørsted suspends bidding for 1.4GW Incheon Offshore Wind ProjectTotalEnergies exits Russia’s Arctic LNG 2 project
Stake Sale
TotalEnergies has completed the transfer of its 10% stake in the project to NordLine, a Novatek subsidiary.
[Read more…] about TotalEnergies exits Russia’s Arctic LNG 2 projectContract award for CSV Normand Valiant
Petrobras
Solstad Offshore announced a 2-year contract award with Petrobras for the Normand Valiant.
[Read more…] about Contract award for CSV Normand ValiantMcDermott secures ADNOC contract for Umm Shaif Field development
EPCI Contract
McDermott has secured a major engineering, procurement, construction and installation (EPCI) contract from ADNOC for work to increase gas recovery and production at the Umm Shaif field.
[Read more…] about McDermott secures ADNOC contract for Umm Shaif Field developmentVan Oord completes monopile installation at Baltica 2 OWF
Baltica 2
Van Oord has finished installing all 111 monopile foundations at the 1.5 GW Baltica 2 offshore wind farm in the Polish Baltic Sea.
[Read more…] about Van Oord completes monopile installation at Baltica 2 OWFAF Offshore and Heerema secure third decommissioning contract
Decommissioning
A consortium comprising AF Offshore Decom and Heerema Marine Contractors has secured a new assignment for offshore platform decommissioning on the UK Continental Shelf.
[Read more…] about AF Offshore and Heerema secure third decommissioning contractErik-Jan Bijvank new CEO for Royal IHC
Appointment
Royal IHC announces that CEO Derk te Bokkel will hand over his role to Erik-Jan Bijvank, effective 1 October 2026.
[Read more…] about Erik-Jan Bijvank new CEO for Royal IHC