Core Insights - MISTRAS Group, Inc. has been selected by Bechtel to provide Non-Destructive Testing (NDT) services for the Woodside Louisiana LNG terminal, a significant multibillion-dollar LNG production and export facility under construction in Sulphur, Louisiana [1][2] Group 1: Project Overview - The Woodside Louisiana LNG terminal is permitted for up to 27.6 million tonnes per annum of LNG production, marking it as one of the most significant energy infrastructure developments globally [2] - The project represents a major investment in U.S. Gulf Coast energy capacity, contributing to the region's economic growth [2] Group 2: Services Provided - MISTRAS will deliver a comprehensive suite of NDT services, including Radiography (RT), Magnetic Particle Testing (MT), Liquid Penetrant Testing (PT), Positive Material Identification (PMI), Ultrasonic Thickness Testing (UT), and Leak Testing [3] - All services will be performed by certified MISTRAS technicians, ensuring adherence to industry and regulatory standards [3] Group 3: Company Expertise and Impact - The award to MISTRAS highlights the company's long-standing expertise in supporting large-scale energy projects, reinforcing its position in the industry [4] - Upon completion, the Woodside Louisiana LNG terminal will be among the world's largest LNG facilities, supporting thousands of jobs and enhancing U.S. energy security [4]

Core Insights - Transocean, Inc. added approximately $199 million to its contract backlog in Q2 2025, securing four new contracts and extensions with various customers [1][8] - The total contract backlog reached approximately $7.2 billion as of July 16, 2025, indicating strong demand for the company's advanced fleet and drilling management services [6][8] Contract Extensions and New Contracts - The Transocean Spitsbergen rig secured a contract extension with Equinor for offshore work in Norway, with a dayrate of $395,000 [2] - Transocean Equinox received a contract extension from an undisclosed client in Australia, with a dayrate of $540,000, scheduled to begin drilling for ConocoPhillips in September 2025 [3] - A new contract was secured for the Deepwater Skyros drillship with Murphy Oil, involving drilling three wells in Ivory Coast at a dayrate of $361,000, starting in December 2025 [4] - The Deepwater Mykonos drillship received a 60-day extension with Petrobras, with an option for an additional 120 days [5]