Seaway7, part of Subsea7 Group, has secured a contract for the transport and installation of pin-pile jacket foundations and transition pieces for the 1.1 GW Inch Cape offshore wind farm in Scotland.The contract, valued between $150 million and $300 million…
Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…
Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin…
Equinor and its partners DNO and Petoro have made an oil and gas discovery west of the Troll field in the North Sea, currently estimated at between 2 and 12 million barrels of oil equivalent.The discovery, made 17 kilometers from the Troll field…
Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world's largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve's interest rate decision…
The Shom (French Naval Hydrographic and Oceanographic Service) has confirmed the acquisition of the DriX H-8 surface hydrographic drone, developed by the French robotics and maritime technologies specialist Exail.The acquisition marks a strategic…
Floating Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded front-end engineering and design (FEED) contracts to two partnership for the delivery of 560 MW GreenVolt floating wind farm offshore Scotland…
Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations…
Energy services provider Expro (NYSE: XPRO) has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution in support of the 52-well plug and abandonment (P&A) campaign.The solution combines subsea…
Norwegian energy services firm Argeo has signed a five-year frame agreement with TotalEnergies for offshore site investigation services.The agreement has a fixed five-year term, with two optional one-year extensions, allowing for a total duration of up to seven years…
China's CNOOC has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.The Chinese oil and gas major said CNOOC Energy Holdings U…
Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in 2025, up from 263.7 billion this year and more than previously expected, the Offshore Norge industry association said on Monday…
Norwegian oil and gas player Vår Energi and its partner Equinor have proven oil in an appraisal well in Barents Sea, drilled to delineate the Countach discovery, which is now being considered for tie-back to the nearby floating production, storage…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
Aker Solutions has signed a two-year contract extension for maintenance and modifications work for Aker BP, which covers the operated field centers Valhall and Hod, Ula and Tambar, Alvheim and Skarv, offshore Norway.The existing frame agreement…