A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors.The court had set a deadline of May 9 for Switzerland-based Nord Stream 2 to both restructure its debts and pay back small-scale creditors…
Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.The country has put…
The Norwegian Offshore Directorate has granted OMV (Norge) a drilling permit for two wildcat wells in the Norwegian Sea, which will be drilled with Odfjell Drilling-managed DeepSea Bollsta semi-submersible rig.The permit is for wellbore 6606/4-1 S and 6606/4-1 A in production license 1194…
Norwegian seismic firm TGS has mobilized a number of its acquisition vessels in North Europe, marking the start of an active summer season in the region.TGS has deployed a total of four acquisition vessels in the region; three seismic vessels and one offshore wind vessel…
King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition…
Norway offered 76 new blocks to explore for oil and gas in the Norwegian Sea and the Barents Sea on Friday in a so-called APA licensing round, an annual event awarding acreage in mature parts of the continental shelf, the energy ministry said…
Safety technology provider Dräger Marine & Offshore (DMO) has secured a long-term deal with a major North Sea oil and gas operator.Due to run for five-years, with a further two one-year extension options, the extension of the existing supply contract means more than 10 U…
SKF has entered into partnership with wave energy technology developer Carnegie Clean Energy to deliver power take-off (PTO) system for its CETO wave energy device.CETO is a fully submerged, point absorber type wave energy technology where a…
Fugro has secured contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms, a major initiative led by RWE and Masdar to develop one of the U.K.'s most powerful offshore wind energy projects…
Norwegian seismic firm TGS has started detailed seabed geophysical surveys for the eastern array of the proposed Dogger Bank South offshore wind farms for RWE and Abu Dhabi Future Energy Company - Masdar.The site investigations will enhance…
A 12-month North Sea trial will start this summer to test the widescale use of drones flying alongside other aircraft, such as helicopters, which could unlock the potential of using drones to boost the security of oil and gas platforms.The trial is run by the Civil Aviation Authority…
Altrad’s recently acquired subsidiary Stork has secured a multi-year contract with Ithaca Energy for inspection services across its oil and gas assets off UK.The five-year contract, which started on March 1, 2025 will encompass the provision of inspection services for the topside pressure systems…
Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair (IMR) work across offshore energy industries…
American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.The NearZero FPSO design incorporates low carbon technologies that collectively…
Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania…
