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NSTA Issues Fine for Armada Hub Vent Breaches in Central North Sea

Jul 29, 2025

Oil and gas firm Chrysaor, acquired by Harbour Energy in 2021, has been fined over $200,000 for exceeding its vent consent by more than half of the permitted amount and failing to identify and inform the North Sea Transition Authority (NSTA)…

Saipem Shares Financial Results for First Half of 2025

Jul 23, 2025

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history…

TotalEnergies Reports 23% Drop in Second Quarter Income

Jul 24, 2025

TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, as expected, the French oil major's worst performance in four years, as higher upstream production failed to offset lower earnings caused by the recent plunge in oil and gas prices…

Italy's Eni Posts 25% Drop in Quarterly Profit

Jul 25, 2025

Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business.Adjusted net profit came in at 1.13 billion euros ($1…

SLB Gets CCS Job in North Sea for BP, Equinor and TotalEnergies JV

Jul 22, 2025

Global energy technology company SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between BP, Equinor and TotalEnergies…

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Jul 23, 2025

Norway's Equinor said on Wednesday it booked a $955 million impairment on an offshore wind project in the United States, despite the lifting of an earlier ban on its construction by President Donald Trump's administration.In April, Interior…

Galp Ups Profit Target as it Eyes Oil and Gas Partner for Namibia

Jul 21, 2025

Portugal's Galp Energia on Monday raised its core profit target for the full year after a better-than-expected performance in the second quarter and said it expects to find a partner to develop a promising oil discovery offshore Namibia.Shares were up 2…

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Jul 10, 2025

U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…

Rem Offshore's Zero-Emission Subsea Construction Vessel Hits Water (Video)

Jul 08, 2025

Norwegian shipowner Rem Offshore has launched the hull for its dual-fuel methanol energy subsea construction vessel (ESCV) Rem Pioneer in Vietnam, months ahead of schedule.The launch ceremony was held on June 27 at Song Cam shipyard in Vietnam…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

Jul 03, 2025

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

Bonaparte CCS Project Awarded Major Project Status

Jul 02, 2025

The Bonaparte CCS project has been awarded Major Project Status by the Australian Government. It is the first offshore carbon capture and storage (CCS) project to receive the status in Australia.The Bonaparte CCS Assessment Joint Venture is…

Triton FPSO Set to Come Back Online with Full Ramp Up to Follow

Jun 30, 2025

Serica Energy has informed that Triton floating production, storage and offloading (FPSO) unit in the North Sea will restart production shorty, following the completion of repairs and maintenance operations.Production will commence shortly, Serica Energy said…

Danos Nets Production Services Contract for Beacon Offshore's Shenandoah FPS

Jun 30, 2025

Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians…

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

Jun 25, 2025

SLB has secured an engineering, procurement and construction (EPC) contract by Equinor, acting as Technical Service Provider, to its OneSubsea joint venture for a CO2 subsea injection system for the Northern Lights phase two project offshore Norway…

UK Releases Environmental Guide on Future North Sea Oil and Gas Drilling

Jun 20, 2025

Britain on Thursday published long-awaited environmental guidance which is expected to impact the future development of two vast North Sea oil and gas fields by companies including Shell and Equinor.The guidance sets out how greenhouse gas emissions that would come from the oil and gas being used…

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