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16 Dec 25 |
Wood exceeds $1 billion in 2025 Middle East contract wins Wood has secured more than $1 billion in contract wins across the Middle East in 2025, marking the second consecutive year of record sales bookings in the region. |
16 Dec 25 |
Odfjell Drilling completes acquisition of the Deepsea Bollsta and refinancing Odfjell Drilling has announced the successful completion of the acquisition of Deepsea Bollsta, including the novation of the rig’s drilling contract with Equinor for a firm period until early 2028 and with five one-year extension options. |
15 Dec 25 |
UK: Deltic Energy enters into Selene deferred payment agreement Deltic Energy has entered into a deferred repayment agreement with Shell U.K. as operator of the P2437 licence ('Selene'), in relation to the payment of, in aggregate, £1,530,320, being the sums that have accrued to Deltic's account in relation to the successful Selene exploration well from April 2025 to October 2025. |
15 Dec 25 |
Westwood Insight – Five offshore wind themes to watch in 2026 The offshore wind market slowed further in 2025, prompting a shift in behaviours. Governments that continue to support offshore wind are now attempting a more deliberate approach to prioritise project delivery while protecting local industries. At the same time developers and the supply chain are exercising more discipline with their investments. |
15 Dec 25 |
SLB enters collaboration agreement to accelerate new digital solutions Global energy technology company SLB has signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry. |
15 Dec 25 |
DeepOcean awarded IMR contract extension by Equinor Ocean services provider DeepOcean has been awarded an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services. |
15 Dec 25 |
UK: Offshore Energies UK (OEUK) appoints Serica Energy’s CEO, Chris Cox to the Board Offshore Energies UK, the leading trade body, is driving the strategic agenda for the offshore energy sector and its stakeholders by appointing Chris Cox, CEO of Serica Energy, to its Board. |
15 Dec 25 |
UK: Harbour Energy to acquire Waldorf for £170 million Harbour Energy has entered into an agreement to acquire substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production, currently in administration, for $170 million. The consideration will be funded through readily available sources of liquidity. |
