Reassess Tubular Sourcing for New Pipeline and Offshore Work

The operator of the Nord Stream 2 pipeline is suing the European Union, seeking to overturn a binding law aimed at phasing out all Russian gas imports by late 2027

Russian President Vladimir Putin recently stated that the remaining line could begin pumping gas immediately if permitted. Nord Stream 2 AG's lawsuit, originally filed April 27 and recently published in the EU’s official journal, claims the bloc used an incorrect legal mechanism to bypass internal dissent

In a lawsuit filed with the EU General Court, Swiss-based Nord Stream 2 AG—which is entirely owned by Russian state energy giant Gazprom—argued that the import ban effectively seizes its infrastructure without compensation. "The applicant submits that the regulation effectively deprives it of the opportunity to use its pipeline commercially," the lawsuit stated, calling the restriction a "de facto expropriation

S. LNG, and North African suppliers step in to fill the gap

However, realising this potential would likely require European financial and offtake commitments

The TSGP would enhance this by adding Nigerian volumes to Algeria’s export capacity. Pipeline deliveries offer advantages over LNG, including greater price stability and reduced exposure to global shipping disruptions

News OEG to support Bass Strait offshore drilling operations through 2036 May 12, 2026 OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036. News Angola’s Block 2/05 advances with successful Espadarte appraisal well May 12, 2026 Etu Energias and partners successfully completed the Espadarte 7S

News OEG to support Bass Strait offshore drilling operations through 2036 May 12, 2026 OEG has secured a multi-million-dollar long-term contract extension to support offshore drilling operations in Australia’s Bass Strait, including the supply, maintenance and servicing of certified offshore cargo carrying units through the expected end of field life in 2036

News Transocean secures $185 million in offshore drilling contracts June 17, 2026 Transocean has secured approximately $185 million in new contract backlog after winning offshore drilling work for the Transocean Norge in Norway and the Transocean Equinox in Australia, extending utilization of its harsh-environment semisubmersible fleet

Removal of the 33,000-tonne topside and 12,000-tonne upper jacket will be carried out by the world’s largest heavy lift vessel. News DeepOcean awarded subsea decommissioning contract offshore Western Australia October 30, 2025 DeepOcean has been selected to deliver a major subsea decommissioning project offshore Western Australia, including the suspension of subsea trees, removal of flowlines, umbilicals, and a disconnectable turret-mooring buoy

Article TAQA awards Brae Alpha major decommissioning contract October 2025 This major contract award to Allseas is another milestone in TAQA’s North Sea decommissioning strategy. Removal of the 33,000-tonne topside and 12,000-tonne upper jacket will be carried out by the world’s largest heavy lift vessel

Offshore Decommissioning Decommissioning News CB&I acquires Petrofac Asset Solutions to expand O&M services December 26, 2025 CB&I is set to acquire Petrofac’s Asset Solutions business, adding offshore operations and decommissioning services to its portfolio and bringing 3,000 employees under its umbrella