Secure O&M Contracts as Offshore Projects Shift Supply Dynamics

Government policy should back North Sea production as part of a secure and managed energy transition

Words of support for projects such as Jackdaw and Rosebank cannot be a substitute for the policy reset our country needs. “The new government must back North Sea oil and gas over increased reliance on imports — delivering the fiscal and regulatory reforms required to unlock investment, protect domestic jobs, strengthen energy security and support the energy transition

“The new government must back North Sea oil and gas over increased reliance on imports — delivering the fiscal and regulatory reforms required to unlock investment, protect domestic jobs, strengthen energy security and support the energy transition

Home Fossil Energy GTT’s hands full of tank design orders for FLNG unit and multiple LNG carriers July 20, 2026, by French technological containment specialist Gaztransport & Technigaz (GTT) has seen a spike in new orders, securing additional tank design jobs for liquefied natural gas (LNG) unit carriers (LNGCs) and a floating LNG (FLNG) unit. LNG vessel; Source: GTT GTT has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new LNG carriers, which will be b

Home Fossil Energy GTT’s hands full of tank design orders for FLNG unit and multiple LNG carriers July 20, 2026, by French technological containment specialist Gaztransport & Technigaz (GTT) has seen a spike in new orders, securing additional tank design jobs for liquefied natural gas (LNG) unit carriers (LNGCs) and a floating LNG (FLNG) unit

” In addition, GTT has won an order from Jiangnan shipyard for the tank design of four new LNG carriers on behalf of COSCO Shipping Energy, the shipowner

As a result, the firm is working to secure new contracts with improved commercial terms, optimized drilling sequence and enhanced overall commercial prospects

As a result, the firm is working to secure new contracts with improved commercial terms, optimized drilling sequence and enhanced overall commercial prospects. This content is available after accepting the cookies

Home Fossil Energy 2015-built jack-up on the lookout for future drilling jobs, as rig deal gets scrapped July 20, 2026, by Malaysia’s Velesto Energy, owner of premium jack-up rigs, has unveiled the termination of a contract for a jack-up rig currently working in Malaysian waters, Southeast Asia. Naga 8 rig; Source: Velesto Energy Velesto has agreed to terminate a contract without cause on July 7, 2026, following a confirmation from May 2025 in relation to a letter of award (LoA) for the provision of jack-up dri

“The platform topsides is fully automated and can be operated remotely. Because the facility is normally unmanned, we are also building a support vessel dedicated to operation and maintenance activities, which can accommodate up to 90 people

Because the facility is normally unmanned, we are also building a support vessel dedicated to operation and maintenance activities, which can accommodate up to 90 people

We maintain a strong offshore execution progress rate for the installation of the subsea infrastructure at the Domino and Pelican South fields, the completion of the production wells and the commissioning and start-up in 2027. ” The production infrastructure of the Neptun Deep project includes ten wells at the Pelican South and Domino fields, three subsea production systems, associated collector pipelines, an offshore platform, a natural gas pipeline to Tuzla, and a gas measurement station

1 ERD ratio, the well is said to have set a new Malaysia record in extreme reach drilling, further demonstrating the company’s in-house drilling capability. Jadestone booked Velesto’s NAGA 8 rig to support infill drilling activities at the East Belumut Phase 9 project for a period of four months, starting in March

With a 4. 1 ERD ratio, the well is said to have set a new Malaysia record in extreme reach drilling, further demonstrating the company’s in-house drilling capability

Jadestone booked Velesto’s NAGA 8 rig to support infill drilling activities at the East Belumut Phase 9 project for a period of four months, starting in March. Since the encouraging results of the first two wells in the 2026 drilling program resulted in a decision to drill a third contingent well, the Asian player confirmed the conclusion of drilling and completion activities on the well, with results to be reported in due course