14 January 2026
14 January 2026
Of the newly issued licences, 31 are situated in the North Sea, 21 in the Norwegian Sea and five in the Barents Sea.
India is expected to be at the forefront in terms of the production project starts in Asia, with 50 scheduled to come online during the 2026 to 2030 outlook period.
EnerMech's responsibilities under the new contract involve flooding, cleaning and hydro-testing subsea risers and flowlines.
The FPU, weighing nearly 70,000t, has completed its journey of more than 4,000 nautical miles from China to Australia.
The initiative is part of preparations for a scheduled lease sale in August 2026.
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