Reassess mobilisation risk and supplier leverage for APAC interventions

” The operator proactively performed a rig-based well intervention that returned SPS-92 to production and reinstated the high-margin production stream. The final intervention costs were higher than originally anticipated, reflecting weather-related downtime, wellbore debris, and equipment-related non-productive time encountered during execution

Home Fossil Energy Rig-based well intervention brings Karoon higher oil production but also cost uptick July 6, 2026, by Karoon Energy, an ASX-listed international oil and gas exploration and production company, has achieved a spike in oil output at an oil field off the coast of Brazil, thanks to well intervention activities, which led to higher costs than initially expected

While the SPS-92 intervention cost exceeded our original estimate, it has restored a high-margin, low break-even production well. At a Brent oil price of US$60–70 per barrel, targeted FPSO production efficiency of 90–95% and annualised operating cost savings of US$30–40 million post the FPSO transition, we expect Baúna to generate strong operating cash flow

FPSO for Eni’s African offshore oil and gas project; Source: Wison New Energies Wison New Energies has corroborated the signing of an engineering, procurement, construction, installation and commissioning (EPCIC) contract with Eni and Altera Infrastructure for a new FPSO that will be used at the Baleine Phase 3 offshore oil and gas field in Côte d’Ivoire. This project is being developed by the Italian firm in the African country, with Altera Infrastructure as owner and operator of the FPSO facility

FPSO for Eni’s African offshore oil and gas project; Source: Wison New Energies Wison New Energies has corroborated the signing of an engineering, procurement, construction, installation and commissioning (EPCIC) contract with Eni and Altera Infrastructure for a new FPSO that will be used at the Baleine Phase 3 offshore oil and gas field in Côte d’Ivoire

Home Fossil Energy Chinese player picks up FPSO job for Eni’s African oil & gas project July 6, 2026, by China-based provider of clean energy services Wison New Energies (WNE) has confirmed a new deal with Italy’s energy giant Eni and Altera Infrastructure for a newbuild floating production, storage, and offloading (FPSO) vessel destined to be deployed at the next phase of an oil and gas development project off the coast of Côte d’Ivoire, West Africa

4 meters long and 31 meters wide, and will have a load capacity of 13,000 tons and a total displacement of 18,800 tons. Capable of simultaneously laying HVDC submarine cables and fiber optic cables, the CLV will be one of the world’s top five in terms of cable loading capacity and the largest in Asia, as well as Korea’s only specialized HVDC installation vessel, according to LS Marine Solution

Home Subsea South Korean ultra-large cable laying vessel enters construction in Türkiye July 6, 2026, by Türkiye’s Tersan Shipyard has begun the construction of an ultra-large cable-laying vessel (CLV) for South Korean subsea cable installation company LS Marine Solution

Home Subsea South Korean ultra-large cable laying vessel enters construction in Türkiye July 6, 2026, by Türkiye’s Tersan Shipyard has begun the construction of an ultra-large cable-laying vessel (CLV) for South Korean subsea cable installation company LS Marine Solution. Source: LS Cable & System via LinkedIn LS Marine Solution signed a contract with Tersan Shipyard for the construction of the vessel in June 2025, representing an investment of approximately €221 million