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11 Dec 25
Namibia: Northern Ocean announces contract award for Deepsea Mira
Northern Ocean has announced the signing of a contract with a subsidiary of Shell for the Deepsea Mira, commencing operations in Namibia in April 2026.
11 Dec 25
UK: Major boost for UK clean energy supply chains
The £1 billion Energy Engineered in the UK (EEUK) programme will mobilise public and private investment to unlock critical supply chains and create thousands of skilled jobs. As part of this programme, GBE is opening its £300 million GBE Supply Chain Fund.
11 Dec 25
Seatrium secures repeat jack-up rig contract from International Maritime Industries for Kingdom 4
Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 4.
11 Dec 25
UK: United Infrastructure acquires Wood’s UK Transmission and Distribution Business
United Infrastructure has entered into a definitive agreement to acquire the UK Transmission and Distribution engineering business ('UK T&D') of John Wood Group.
10 Dec 25
US: Northern Oil and Gas announces $1.2 billion joint acquisition with Infinity Natural Resources
Northern Oil and Gas (NOG) has entered into a definitive agreement to acquire a 49% stake in Ohio Utica Shale Assets in partnership with Infinity for a purchase price, net to NOG, of $588.0 million in cash, subject to customary closing adjustments.
10 Dec 25
Iraq: Gulf Keystone Petroleum announces operational and corporate update
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational and corporate update. Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational and corporate update.
10 Dec 25
ExxonMobil raises its 2030 Plan – transformation delivering higher earnings, stronger cash flow, and greater returns
ExxonMobil has updated its Corporate Plan through 2030. The Plan’s increased earnings and cash flow outlook reflects stronger contributions from advantaged assets, a more profitable business mix, and lower operating costs; all driven by the company’s unique set of durable competitive advantages and its successful multi-year transformation.
09 Dec 25
Solstad Maritime announces multiple contract awards in Brazil and the North Sea
Solstad Maritime has announced multiple new contracts for several construction support vessels: Normand Navigator, Normand Cutter, and Normand Jarstein.
09 Dec 25
UK: TechnipFMC awarded significant flexible pipe contract by Ithaca Energy
TechnipFMC has been awarded a significant contract by Ithaca Energy for flexible risers on the Captain development in the U.K. North Sea
08 Dec 25
Noble Corporation announces planned divestment of six jackups
Noble Corporation has announced that the Company has signed definitive agreements to sell six jackups, which includes the sale of five rigs to Borr Drilling for $360 million and a separate transaction for the sale of one rig to Ocean Oilfield Drilling for $64 million in cash.



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