Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley…
Partners in the Aphrodite natural gas reservoir offshore Cyprus have approved the start of front-end engineering and design (FEED) work for the field's production systems and export infrastructure.The decision, taken on December 22, 2025, clears the way for FEED spending of about $105…
Singapore-based Mooreast Holdings has signed a memorandum of understanding with Norway-based rigging and industrial services group GMC Holdings to explore offshore wind and oil and gas opportunities in Norway and the wider North Sea.Under the non-binding agreement…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…
Estimates for progress and costs at Norway’s Snøhvit Future project have been revised, with the gas project delayed and projected costs rising by around $390 million (NOK 4 billion) compared with 2024.The Snøhvit Future project, which includes…
Norway's combined oil and gas production beat an official forecast by 0.9% in November, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project:'The Coastal Virginia Offshore…
Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
Equinor and its partners have made a new oil and gas/condensate discovery near the Tyrihans field in the Norwegian Sea.The discovery, made via the exploration well 6407/1-B-2 H, lies in the Tyrihans Øst prospect, about 250 kilometers southwest of Brønnøysund…
Shell and INEOS Energy have confirmed an oil discovery in the Norphlet formation in the Gulf of America that could be tied back to the Appomattox production platform.The Nashville exploration well, operated by Shell with a 79% working interest…
Subsea7 has secured a sizeable extension of an existing frame agreement by Equinor for subsea inspection, maintenance and repair services using the vessel Seven Viking.The extension continues a frame agreement first signed in 2018 and runs through the end of 2027…
Aker BP has exercised the three-year extension option under the long-term contract with Archer for the provision of platform drilling operations and maintenance services in the North Sea.The long-term contract was originally awarded in November…
Offshore drilling contractor Odfjell Drilling has signed a contract with Equinor for its Deepsea Aberdeen semi-submersible drilling rig, following the letter of intent the companies agreed in November.Equinor will use Deepsea Aberdeen rig to…
Saipem announced that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.This is the third extension of the contract originally awarded in March 2022…
Poland allocated 3.4 gigawatts (GW) of capacity in its first competitive offshore wind auction, the country's energy regulator URE said on Thursday, a boost for the renewable energy sector after setbacks in neighbouring markets.The auction was seen as a test of investor confidence in offshore wind…