Aker BP has exercised the option for the extension period under the existing contract with Saipem for the semi‑submersible drilling rig Scarabeo 8.The option, which is direct continuation of the previous one-year contract extension, prolongs the contract until December 31…
Kongsberg Maritime has signed a development program framework agreement with Noble Corporation, marking a key step forward in the co-development of advanced marine technologies for the offshore drilling sector.The long-term strategic partnership will focus on the joint development…
Norwegian oil and gas producer Aker BP has signed an agreement with Japex Norge to exchange interests in several North Sea assets, enhancing its presence in the northern sector of the basin.Under the deal, Aker BP will transfer a 10% interest in the Alve Nord development (PL127C) and a 3…
U.K.-based logistics and engineering specialist Harlyn Solutions has opened a new office in Rotterdam in the Netherlands, marking a key step in its European expansion strategy aimed at supporting complex energy and infrastructure projects across the continent…
U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…
Offshore construction firm Lamprell has awarded Ventherm a contract to deliver a fully automated robotic solution for the surface treatment of transition pieces used in offshore wind foundations.This first-of-its-kind project introduces a fully…
Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…
Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields, the Financial Times reported on Tuesday…