Fugro and Spoor, a software company that helps renewable energy projects reduce their environmental impact, have signed a memorandum of understanding (MOU) to develop a new bird-monitoring solution for offshore renewable energy projects.The…
Blaze Manufacturing Solutions, a provider of fire safety solutions, has been awarded significant contracts by IEMANTS to design, supply, and commission the fire alarm and extinguishing systems for the Baltyk 2 and 3 offshore substations.The contract encompasses the design…
VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…
Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production.Formed in 2019, the alliance has supported Aker BP’s operated assets in meeting production targets…
Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards – which realize growth in Asset Solutions’ core markets and target growth geographies…
Aker Solutions has been secured a multi-million-dollar contract for the Northern Lights Phase 2 project by Equinor as technical service provider on behalf of the Northern Lights joint venture.The contract award, valued between $142 million and $237 million…
Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind.The partnership will investigate development of a U…
Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…
McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT).The EFA has a duration of three years with two one-year optional extensions…
OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…
Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…
Miros has extended its agreement with Prysmian for the supply of wave monitoring systems, which have been installed on Prysmian Monna Lisa and Prysmian Marco Polo cable laying vessels (CLVs).Both vessels have been fitted with Miros’ WaveSystem…
Offshore accommodation rig provider Prosafe has signed an agreement to sell for recycling its Safe Scandinavia accommodation rig, which has been cold stacked for over six years.The 1984-built, anchor moored semi-submersible tender support and…
Oilfield services company TechnipFMC has been secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea.The Johan Sverdrup field…
Ocean Power Technologies (OPT) has secured a contract for an AI-capable PowerBuoy for an immediate delivery in the United States.This contract enables the future integration of surface and subsea sensors, and the buoy will be deployed on the East Coast…