Reallocate Rig Commitments as APAC Jack-up Demand Firms Up

Home Fossil Energy Technip Energies shaping Malaysia’s new LNG import gateway with FEED in hand August 12, 2026, by French-based engineering player Technip Energies has been tasked with front-end engineering design (FEED) work for a liquefied natural gas (LNG) project off the coast of Malaysia, enabling it to bring to life Southeast Asia’s next LNG regasification terminal. Yan project in Kedah, northwest Malaysia; Source: Technip Energies Technip Energies has secured a FEED contract for the offshore regasificat

Yan project in Kedah, northwest Malaysia; Source: Technip Energies Technip Energies has secured a FEED contract for the offshore regasification terminal (RGT) Yan project in Kedah, northwest Malaysia

With a capacity of 6 million tons per annum (mtpa), the terminal will comprise an offshore floating LNG storage and regasification (FSRU), marine infrastructure, a subsea gas pipeline, and an onshore receiving facility

9 billion EPC deal for Phase 2 to Wison Engineering and a $4

2B EPC awards to Wison and Maire’s Tecnimont Wison Engineering, part of Wison Group, and Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, have been hired to undertake engineering, procurement, and construction (EPC) activities for the second and third phases of a gas project being developed by ADNOC Gas, a subsidiary of the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC). Das Island; Courtesy of ADNOC Gas ADNOC has

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Borr Drilling’s Prospector 1 rig; Source: Neptune Energy, part of Eni Within its latest fleet status report, Borr Drilling reported eight jack-up rig contract commitments, representing over 2,100 days of additional firm work

After quarter-end, the rig owner completed the acquisition of five premium jack-up rigs via a new 50/50 joint venture for a total purchase price of $287 million. This content is available after accepting the cookies

Home Fossil Energy Seven Borr Drilling rigs find more work in Asia, Europe, and Africa August 12, 2026, by Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has lined up multiple new assignments and extensions of existing deals for its rig fleet off the coasts of Vietnam, Malaysia, Côte d’Ivoire (Ivory Coast), and the Netherlands. Borr Drilling’s Prospector 1 rig; Source: Neptune Energy, part of Eni Within its latest fleet status report, Borr Drilling reported eight jack-up rig cont

Source: Shearwater Geoservices The awards cover a nine-month project offshore India’s west coast and a six-month survey on the east coast. Both projects are described as large and are expected to begin early in the fourth quarter of 2026, materially strengthening vessel utilization visibility into 2027

Home Subsea Shearwater strengthens backlog with two large awards in India August 12, 2026, by Norwegian Shearwater GeoServices has received two letters of award (LOAs) from India’s government-owned Oil and Natural Gas Corporation (ONGC) for 3D seismic surveys offshore India which together add approximately 15 vessel months of backlog. Source: Shearwater Geoservices The awards cover a nine-month project offshore India’s west coast and a six-month survey on the east coast

Home Subsea Shearwater strengthens backlog with two large awards in India August 12, 2026, by Norwegian Shearwater GeoServices has received two letters of award (LOAs) from India’s government-owned Oil and Natural Gas Corporation (ONGC) for 3D seismic surveys offshore India which together add approximately 15 vessel months of backlog