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12 Dec 25 |
Brazil: Valaris announces multi-year contract award for drillship VALARIS DS-8 Valaris has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to commence in the first quarter of 2027, with an estimated duration of approx. 800 days and a total contract value of approx. $300 million. |
11 Dec 25 |
US: Wood wins 10-year maintenance contract for Rio Grande LNG facility Wood has secured a significant ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville, Texas. |
11 Dec 25 |
GoM: bp starts up seventh major project of 2025 bp successfully delivered first oil from the Atlantis Drill Center 1 expansion project in the US Gulf of America, its seventh upstream major project startup of the year. The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform. |
11 Dec 25 |
Brazil: TGS awarded streamer 4D contract offshore Brazil TGS, a leading provider of energy data and intelligence, has announced the award of a streamer 4D contract in the Campos basin, offshore Brazil. A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approx. 75 days. |
10 Dec 25 |
US: Interior advances American offshore energy dominance with first lease sale under the One Big Beautiful Bill Act The Department of the Interior has announced that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act. The sale generated $279,433,757 in high bids for 181 blocks across 80 million acres in federal waters of the Gulf of America. |
10 Dec 25 |
Falklands: Rockhopper and Navitas have taken a final investment decision on the Sea Lion field, offshore Falklands AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin, has announced that its Board has taken a final investment decision ('FID') relating to the development of Phase 1 of the Sea Lion field located offshore to the north of the Falkland Islands and has accordingly now sanctioned the Project. |
