Valaris Limited announced that it has been awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4. The extension is expected to commence in November 2027 in direct continuation of the existing program and will add approximately $447 million to contract backlog. In...
Valaris Limited announced that its wholly owned subsidiary, Ensco UK Drilling Ltd., has entered into a Strategic Collaboration Agreement with PETRONAS Suriname Exploration & Production BV and Halliburton to support the development of PETRONAS Suriname’s offshore assets. The SCA brings together Valaris’ offshore drilling expertise...
Arcius has announced the Final Investment Decision (FID) to develop the Harmattan gas field in the El Burg Offshore concession area, a significant step toward executing one of its first projects in Egypt. The investment, estimated at approximately US$500m, will help support and increase natural...
BW Energy announced that the Company has agreed a 25 year extension of the Dussafu Marin production licence offshore Gabon. Following an agreement with the Ministry of Oil and Gas of the Gabonese Republic, the licence period has been extended from 2028 to 2053. The extended...
Hyundai Motor Company has achieved a significant victory at the 2026 World Car Awards, the IONIQ 6 N named the World Performance Car. The winners of the 22nd annual awards were announced live today at a ceremony during the 2026 New York International Auto Show. "This...
As anticipated and previously indicated, fourth quarter volumes rose significantly versus the prior quarter, as operations recovered and production returned to normal levels following the cyber incident. Full year volumes were impacted by US tariffs, China market challenges, planned wind down of legacy Jaguar models...
Hyundai, an official partner of the 2026 FIFA World Cup™, is bringing its global commitment to soccer directly to local communities across the United States. Beginning in April, Hyundai Motor America will host a series of youth soccer camps in Atlanta, Miami, New Jersey and...
The Volkswagen Group is consistently implementing its “In China, for China” strategy: With its largest-ever product campaign for smart electric vehicles, the Group is demonstrating at “Auto China 2026” in Beijing just how quickly and precisely it is tailoring its product portfolio to the needs...
Hyundai Motor Company announced the global launch of its ‘Forests Without Names’ campaign, an initiative that celebrates Earth Month this April by naming sea forests worldwide while highlighting their environmental importance. The campaign aims to increase awareness of these often overlooked underwater ecosystems and reinforce Hyundai...
Dolphin Drilling AS signs Letter of Intent (LOI) in connection with a potential new contract for the PAUL B. LOYD JR through 2030.The LOI, which is subject to certain conditions, outlines the parties’ intention to work towards a contract with a duration of two-and-a-half years,...
Eni announces a significant gas and condensate discovery in Egypt, with the successful drilling of the Denise W 1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean. Preliminary estimates indicate about 2 trillion cubic feet (Tcf) of gas initially in place...
AIKO has announced a new collaboration with Solar Team Eindhoven, bringing its high-efficiency ABC (All Back Contact) solar cells to power Stella Juva, the world’s first solar-powered ambulance designed to operate entirely on solar energy while supporting onboard medical equipment. Developed by students from Eindhoven...