
Projects & Contracts
Breaking news on major drilling projects, contract awards, and procurement decisions across oil & gas operators.

BW Energy Secures Financing for Maromba Jackup Platform Lease
BW Energy confirms financing for a long-term lease of the Maromba jackup platform, enhancing drilling capabilities in Brazil's Campos Basin.
December 16, 2025

Valaris Secures Multiyear Contract with Shell for Orca Project
Valaris Ltd has won a significant multiyear contract with Shell for its drillship on the Orca project, highlighting deepwater exploration growth in Brazil.
December 15, 2025

Hugin A Living Quarters Departure Marks Key Milestone
The Hugin A living quarters has officially departed from Stord, Norway, marking a significant milestone for the Yggdrasil project. Discover the implications for the industry.
December 15, 2025

Vår Energi Advances Johan Castberg Isflak Development Plan
Vår Energi's Johan Castberg project aims to sustain production levels through 2030, optimizing resources in the Barents Sea. Discover key insights.
December 15, 2025

ONGC Partners with Petronet LNG for Ethane Services Agreement
ONGC and Petronet LNG Limited have signed a 15-year agreement for ethane unloading and storage, projecting significant revenue growth for both companies.
December 15, 2025

Sumitomo Secures Long-Term OCTG Supply Deal with Shell
Sumitomo's renewed OCTG supply agreement with Shell signals a pivotal shift in Middle East contracting strategies, impacting mill allocations and pricing.
December 15, 2025

Texas LNG Boosts OCTG Demand with 20-Year Offtake Deal
Texas LNG's new 20-year offtake agreement with Macquarie Energy signals a strong future for US LNG and OCTG demand. Explore the implications for the market.
December 13, 2025

Tendrara Gas Project Hits Milestone with First Gas
Sound Energy initiates gas commissioning at Tendrara, marking a pivotal moment in Morocco's LNG landscape and future energy supply.
December 10, 2025

McDermott Secures Major Offshore Gas Contract in Brunei
McDermott awarded a significant EPCIC contract for offshore gas development in Brunei, enhancing energy security and LNG exports.
December 10, 2025

Tenaris Partners on Mexico's Trion Ultra-Deepwater Project
Tenaris secures a pivotal role in Mexico's Trion project, supplying key OCTG and subsea infrastructure to enhance deepwater capabilities.
December 9, 2025

New Contracts Signal Growth for East Coast Cluster Projects
East Coast Cluster projects expand with new tenders, boosting carbon capture and renewable energy initiatives in the UK. Discover the latest updates!
December 8, 2025

bp Advances Ginger Gas Development via EPC Contract
BP Trinidad and Tobago awards an EPC contract to boost gas production at the Ginger project, marking a significant investment in regional energy growth.
December 7, 2025

Chevron Secures FID for Gorgon Stage 3 Development
Chevron's Gorgon Stage 3 project boosts natural gas production in Western Australia, marking a significant investment for energy growth and sustainability.
December 7, 2025

Texas LNG Secures 20-Year Deal with Macquarie Energy
Texas LNG secures a 20-year LNG offtake agreement with Macquarie Energy, enhancing market competitiveness and advancing project viability.
December 7, 2025
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