DEME and Prysmian have started installing high-voltage cables in the Veerse Meer lake in the Netherlands for TenneT's IJmuiden Ver Alpha and Nederwiek 1 grid connection projects, using a specially developed pontoon and installation method tailored to the lake's conditions…
Shipbuilder Vard has launched a new energy construction vessel (ECV) being built for Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore, with delivery scheduled for the second quarter of 2027…
Global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) have agreed to sell Black Sea Oil & Gas (BSOG), Romania's largest offshore natural gas producer, to Mazarine Energy.The transaction covers Black Sea Oil & Gas and BSOG Holding Activity…
A new appraisal well at the Afrodite gas discovery near the Kvitebjørn field in the North Sea has revealed that recoverable gas volumes could be more than twice as large as previously estimated, with recoverable gas and condensate resources…
Norwegian oil firm Aker on Thursday reported a 50% rise year-on-year in third-quarter profit as Middle East supply disruptions boosted prices for North Sea oil and gas.Aker BP's earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $3…
Shell on Thursday announced above-expectation net profit of $10.81 billion in the third quarter, its highest since 2022, and boosted its share buybacks on the back of stronger refining margins and higher liquefied natural gas prices.The US-Israeli war on Iran…
French oil major TotalEnergies reported a 127% rise in third-quarter earnings on Thursday, beating expectations, as the US-Israeli war with Iran continues to push up oil prices and draw historically high profit margins for refining fuels.Adjusted net income came in at $9…
BGB Group has secured a framework agreement from PGE and Ørsted to provide offshore scaffolding and construction services for the 1.5 GW Baltica 2 offshore wind farm in Poland, supporting work across the project's four offshore substations.The…
Baker Hughes has secured a significant contract from Eni to supply subsea production systems and services for the Cronos deepwater gas development offshore Cyprus, with initial equipment deliveries expected in the first half of 2027.The contract…
Equinor on Wednesday reported its strongest quarterly profit in almost four years, driven by a surge in oil and gas prices as the war in the Middle East continued to disrupt global energy supplies, and raised its full-year output target.The…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 33/9-F-4 DH in production license 1214.Equinor operated the license with 17% working interest, along with partners Petoro with 30% stake…
Swiss firm ANYbotics has started delivering its ANYmal X autonomous inspection robot, designed to operate in hazardous and potentially explosive environments, to oil, gas and chemical industry customers, including Equinor and DSM-Firmenich.The…
PlanSea and Infosys have joined forces to combine artificial intelligence (AI), marine logistics expertise and enterprise data integration to help offshore oil and gas operators optimize decommissioning planning and execution, targeting lower costs…
Seaway7, part of Subsea7 Group, has completed the final inner-array cable lay at the 1.4 GW East Anglia THREE offshore wind farm, developed by ScottishPower Renewables and Masdar, marking another milestone in the project's offshore construction…
Dolphin Drilling has agreed to sell its Blackford Dolphin semi-submersible drilling rig to SPM Energy Shipping for up to $25 million and entered into a preliminary agreement for the management of future drilling contracts involving the rig and at least one additional semi-submersible unit…