Norwegian oil and gas firm OKEA has spudded the first of two production wells at Bestla development, formerly known as Brasse, in the North Sea using Odfjell Drilling’s Deepsea Yantai rig.The well is being drilled by the rig Deepsea Yantai from the Bestla Subsea Template…
Danish engineering group Ramboll has appointed Tommy Flindt as the new Global Director for Offshore Substations within the Wind Division.Effective from August 1, 2025, Tommy Flindt will be responsible for leading Ramboll’s global offshore substations business…
Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel ordered by North Star from VARD…
Akrake Petroleum Benin, Rex International's indirect subsidiary, has spudded the first well in the Sèmè Field in Block 1 offshore Benin, using the Borr Drilling’s Gerd jack-up drilling rig.The drilling is part of a 100-day three-well work program to redevelop the Sèmè field…
Brazil’s state-controlled oil company Petrobras has finalized the sale of its full interest in the Cherne and Bagre offshore fields to Perenco Petróleo e Gás do Brasil, a subsidiary of oil and gas company Perenco.The two fields, located in shallow…
Libya's National Oil Corporation (NOC) said on Monday it signed a memorandum of understanding (MoU) with U.S. oil giant Exxon Mobil after decade of activity halt in the north African country.In its statement, NOC said the MoU focuses on conducting…
Germany’s largest utility RWE and U.K.’s largest shipowner-operator North Start have signed long-term agreements for next-generation service operation vessels (SOVs) to maintain RWE’s growing offshore wind fleet.The companies have agreed that RWE will charter two SOVs…
Saudi Arabian oil and gas drilling contractor ADES International Holding has agreed to buy rival rig firm Shelf Drilling for $379.8 million.The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions…
BP has started up the Argos Southwest Extension project in the U.S. Gulf of America, adding 20,000 barrels of oil equivalent per day (boe/d) in production at the existing Argos platform.Argos Southwest Extension is bp’s fifth major project start-up in 2025…
Taihan has secured a turnkey contract to supply and install over 100 kilometers of inter-array subsea cables for Korea’s largest offshore wind development, the Anma offshore wind power project.The contract, valued at approximately $129.3 million (KRW 181…
The Inch Cape Offshore Wind Farm offshore jacket foundation and substation platform have been installed at the North Sea site of the 1.1 GW Scottish project.The Siemens Energy Offshore Transformer Module (OTM) and its 68-meter jacket foundation…
JERA and BP have completed the formation of JERA Nex bp, their new 50-50 owned joint venture, with the new company’s portfolio of operating assets and development projects has a net potential generating capacity of 13 GW.The portfolio includes around 1 GW of installed net generating capacity…
Inpex Masela, a subsidiary of Japan’s Inpex and the operator of the Abadi liquefied natural gas (LNG) project in the Masela Block in Indonesia, has started Front End Engineering and Design (FEED) work for the scheme, with Saipem, Worley, Technip…
ADNOC Gas and its subsidiaries have signed Heads of Agreement with Hindustan Petroleum Corporation to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) for a 10-year term.The agreement underscores ADNOC Gas’ expanded global footprint…
Norwegian offshore vessel operator Solstad Offshore has secured a contract with Petrobras for its construction support vessel (CSV) Normand Commander.The vessel will be on a bareboat contract from the vessel owner Solstad Maritime to Solstad Offshore…
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