Accurate, immediate data while drilling is central to efficient, effective outcomes. Tronics Microsystems earlier this year introduced its inertial sensor portfolio with the launch of the AXO315 T1, a high-temperature digital accelerometer designed for energy sector drilling applications…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…
IKM Acona has been awarded a framework agreement with Vår Energi for the delivery of drilling and wells services on the Norwegian Continental Shelf.The agreement has a duration of four years, with options for an additional 2 + 2 years.The agreement…
Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…
Borr Drilling has reported a wider first-quarter loss as delayed start-up work for the Odin jack-up rig and contract transitions weighed on earnings, while the offshore driller continued expanding its fleet and contract backlog.The company posted…
Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…
Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…
Aquaterra Energy has started fabrication of its first Recoverable Abandonment Frame (RAF) system for the Northern Endurance Partnership (NEP), a U.K. carbon capture and storage (CCS) project aimed at supporting industrial decarbonization.The…
QatarEnergy has acquired participating interests in three exploration blocks offshore Uruguay from BG International Limited, a subsidiary of Shell.Under the agreements, QatarEnergy has acquired an 18% interest in block ‘OFF-4’, while Shell held 32%…
Offshore drilling contractor ADES Holding has extended the contract for Shelf Drilling Winner rig with Tenaz Energy Netherlands from a one-year to a three-year firm term for operations in the Dutch sector of the North Sea.The company said the contract…
Offshore drilling contractor ADES Holding has secured a new contract in Nigeria for its Main Pass IV standard jack-up rig.The contract has a one-year firm term with an additional one-year unpriced option, with the firm term value of the contract of $48…
Perenco UK has restarted production from the Davy gas field in the Southern North Sea more than five years after the asset was shut in.The company said production from Davy wells A3 and A5 restarted in late April 2026 following a revival project…
Türkiye has announced plans to launch its first offshore wind Renewable Energy Resource Area (YEKA) tender after completing permitting processes for four identified offshore sites, Energy and Natural Resources Minister Alparslan Bayraktar said…
Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…