Equinor and Aker BP have launched a strategic collaboration to develop challenging oil and gas discoveries in tight reservoirs on the Norwegian Continental Shelf (NCS), targeting resources with an estimated recovery potential of around 2.8 billion barrels of oil equivalent…
Siem Industries has ordered two offshore subsea construction vessels (OSCVs) from Fujian Mawei Shipbuilding in China, with deliveries scheduled for 2029 and 2030.Each vessel will be equipped with a 400-tonne active heave compensated (AHC) subsea…
Fugro has secured a contract from 50Hertz to carry out unexploded ordnance (UXO) survey, identification and clearance work for the LanWin3 and LanWin6 offshore grid connection projects in the German sector of the North Sea.The work will help…
TotalEnergies has completed the sale of its 10% non-operated oil interest in Nigeria's Renaissance joint venture (JV) licenses to Vaaris for $800 million, while retaining its economic interests in three gas licenses.The completion of the transaction…
Reach Subsea and Eidesvik Offshore have completed the sale of the inspection, maintenance and repair (IMR) vessel Viking Reach, with the vessel delivered to its new owners on October 26.The transaction was completed through Eidesvik Reach, a joint venture between Reach Subsea and Eidesvik Offshore…
HydroWing, the tidal energy division of Inyanga Marine Energy Group, has awarded Ecodetect a contract to provide AI-powered marine wildlife monitoring systems for its 30 MW tidal stream energy project at Morlais in Wales.The technology will use underwater cameras…
Galp Energia said on Monday talks with Spain's Moeve to combine their refining, chemicals and fuel retail businesses had collapsed, derailing a deal that would have created one of Europe's biggest refiners and sending shares in the Portuguese group down 7…
Eni has signed the main engineering, procurement, construction and drilling contracts for the Cronos gas development in Block 6 offshore Cyprus, launching the project's execution phase ahead of planned production start-up in the first half of 2028…
Italian energy company Eni has completed the sale of its Nigerian subsidiary Agip Energy and Natural Resources (Nigeria) (AENR) to Apex Global Energy Limited (APEX), divesting its interests in onshore and shallow-water oil and gas operations in the country…
Norwegian engineering company Aibel has been awarded a front-end engineering and design (FEED) contract for the topsides of the planned Wisting production vessel, as the Equinor-led partnership advances work towards a potential investment decision for the Barents Sea development…
Saipem and Egypt's Modern Drilling Company (MDC) have signed a memorandum of understanding (MoU) to explore offshore drilling opportunities in Egypt, with the potential to extend their cooperation to other countries.The non-exclusive agreement…
Norwegian engineering and technology company Techouse has agreed to acquire offshore potable water services specialist Ambio Water, expanding its water treatment business following a separate acquisition agreement announced earlier in October…
Transmission system operator TenneT Netherlands and cable manufacturer NKT have completed a joint study examining the technical, environmental and economic aspects of decommissioning offshore power cables in the Netherlands and Germany.The study…
OEG Marine Services has ordered three additional crew transfer vessels (CTVs) from Diverse Marine, expanding its offshore wind support fleet under a newbuilding program scheduled for delivery throughout 2027.The vessels will be built to the BREVITY SL Class design developed by Chartwell Marine…
Perenco UK has completed the decommissioning of the Leman South and Durango subsea assets in the UK Southern North Sea, using Petrodec's HAEVA jack-up vessel to plug and abandon the wells and remove associated subsea infrastructure.The two projects…