Egypt and Chevron have signed an agreement establishing the fiscal framework for developing and connecting Cyprus’ offshore Aphrodite gas to Egyptian gas infrastructure, marking another step towards transporting gas from the Eastern Mediterranean field to Egypt…
Norway's Vaar Energi raised its cash dividend for a second consecutive quarter on Wednesday and reported a doubling of its third-quarter operating profit from a year earlier, supported by higher oil and gas prices.The company reported its July-September earnings before interest and tax (EBIT) at $2…
The U.K. government has approved the Jackdaw offshore gas field operated by Adura, a joint venture between Shell and Equinor, clearing the way for the project to begin supplying gas within weeks.The decision, announced by Adura on October 21…
Saitec Offshore Technologies and Japan's Kansai Electric Power Company (KEPCO) have agreed to extend operations at the 2 MW DemoSATH floating offshore wind demonstrator in Spain through 2027, with Japanese construction company Kumagai Gumi joining the project as a new partner…
Union Vega Offshore has ordered two battery-hybrid platform supply vessels (PSVs) from Fujian Mawei Shipyard, with options for four additional vessels, under a design contract awarded to Breeze Ship Design.The vessels will be based on Breeze Ship Design's next-generation Z 4409 PSV design…
SSE Renewables has selected Subsea7's Seaway7 as preferred supplier for offshore wind turbine foundations and subsea inter-array cables at its 1.4 GW Berwick Bank B offshore wind project in Scotland, under an agreement expected to support 465 UK jobs…
Oil and gas producer Ithaca Energy will likely halt further investment in Britain if the government does not approve its Rosebank oilfield in the North Sea, chair Yaniv Friedman said in an interview with the Financial Times on Tuesday.The company…
Norway's combined oil and gas production missed an official forecast by 4% in September, data from the Norwegian Offshore Directorate (NOD) showed on Tuesday.Oil production was slightly ahead of projections while natural gas was lagging, the data showed…
EirGrid has completed its 2026 marine and coastal survey campaign for Ireland's Powering Up Offshore – South Coast program, with Fugro carrying out investigations to support the development of grid infrastructure for approximately 900 MW of offshore renewable energy…
Vår Energi and Equinor have made a gas and condensate discovery at the Lakris prospect in the Norwegian Sea, with preliminary estimates indicating recoverable resources of between 1.3 million and 5.5 million barrels of oil equivalent (boe).The…
Equinor and its partners in Norway's Troll field have decided to complete the Troll West Electrification (TWEL) project without installing a second electric export compressor on the Troll C platform, a move expected to make an additional 2.3…
Norwegian offshore vessel owner Eidesvik Offshore has secured a contract extension from Equinor for its platform supply vessel (PSV) Viking Avant, keeping the vessel under contract until the end of 2027.The extension follows directly from the…
Britain's Serica Energy flagged a further delay to the restart of its Triton production vessel on Monday, prompting the oil and gas firm to lower its annual production forecast.Here are details from the company:Triton production is expected to resume around the end of November…
Equinor has exercised options for two additional wells using Odfjell Drilling's Deepsea Atlantic semi-submersible rig, extending its firm contract into the late fourth quarter of 2027.The additional wells will be drilled in direct continuation of the rig's existing contract…
Türkiye will deploy its first floating gas production platform, Osman Gazi, to the Sakarya gas field in the Black Sea on October 17, aiming to more than double domestic gas production to 20 million cubic meters per day, the country's Ministry of Energy and Natural Resources said…