AIM-listed natural resources investing company Deltic Energy has withdrawn from the Shell-operated license in the Southern North Sea due to the inability to secure a farm-out or an alternative funding solution for its commitments related to the Pensacola appraisal well…
Norwegian seismic firms TGS and PGS have received approval from the UK Competition and Markets Authority, securing final regulatory approval for the creation of ‘premier’ energy data company.The approval for the merger from the UK Competition…
Viridien, formerly CGG, has sold and delivered a GPR300 ocean bottom nodal solution for a total value of approximately $20 million, which will be deployed on an upcoming seismic survey project in the North Sea.Viriden secured the contract through its Sensing & Monitoring business line…
Vår Energi has completed the intra-group merger with its wholly-owned subsidiary Vår Energi Norge, formerly Neptune Energy Norge.The merger has been registered with the Norwegian Register of Business Enterprises, and consequently all assets…
A new construction service operations vessel (CSOVs) being built by Norwegian shipbuilder Ulstein Verft for Olympic has completed sea trials.The newbuild, Olympic Boreas, launched from the dock hall at Ulstein Verft on April 6, is the first of two sister vessels for Olympic…
N-Sea Group and its partner Neptune Marine have launched Curo, the first dedicated the first dedicated cable repair and installation vessel.The launch took place at the Neptune Ship Yard in Hardinxveld-Giessendam.Neptune Marine Service recently…
Offshore drilling contractor Vantage Drilling is exploring a possible listing of its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.According to Dubai-based company, the listing may facilitate increased…
Singaporean shipbuilder Strategic Marine has signed a contract with Venus Marine for the construction of four Crew Transfer Vessels (CTVs) for operations in Europe and Taiwan.This project is the result of a collaborative effort with renowned design firm BMT Limited…
BP and Worley have formed a new strategic alliance across BP’s global site projects, spanning the Gulf of Mexico, Middle East and Africa.The alliance will improve capital efficiency in site projects saving an initial estimated $ 40 million over…
Technology and energy company Fortescue has teamed up with Belgian offshore installation services company Belgian Jan De Nul to jointly provide shipping and subsea cable laying services to connect North Africa with Europe.The companies will…
Germany plans to build more wind turbines in the North and Baltic seas than originally planned, a draft plan by the maritime authority showed on Friday, as Berlin aims to have 70 gigawatts of offshore wind energy by 2045.Germany's Maritime and…
Mokveld Valves, a Dutch manufacturer of control and safety valves, has secured a long-term agreement with compatriot natural gas infrastructure and transportation company Gasunie for the supply of its zero-emission valves.A formal market consultation…
The flow of Norwegian gas to northern England via the Langeled pipeline resumed on Friday, live data from Britain's system operator National Gas showed following a June 2 outage that triggered renewed concerns over energy security in Europe…
French subsea power cable maker Nexans has completed the acquisition of La Triveneta Cavi, an Italian medium and low-voltage cable company.The acquisition is a significant leap forward in Nexans’ strategy to become an electrification pure player…
France-based tubular solutions supplier Vallourec has secured a contract to supply Petrobras with carbon steel tubes and accessories to be used in various offshore development wells, mainly off the Brazilian coastline.Vallourec will supply 1…