DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER Offshore Technologies, a BAUER Group company.BAUER Offshore Technologies specializes in drilling services for the installation of foundations for offshore wind farms…
Woodside Energy has signed a non-binding collaboration agreement with Aramco to explore potential global opportunities, including Aramco’s equity investment in and LNG offtake from Woodside’s Louisiana LNG project.The agreement also covers possible cooperation in lower-carbon ammonia…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for three wildcat wells in the North Sea.The permit is for wellbore 25/1-14 A, 25/1-14 B and 25/1-14 C in production license 873 B.Aker BP is the operator of the license with 47…
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…
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million).The transaction, first announced in April 2025…
Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division.Scott brings to Phoenix 20 years of experience in Marine Engineering and Remotely Operated Vehicles (ROVs)…
Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt…
Havila Holding, through its subsidiary Havila Skipsinvest, has acquired the Polarsyssel offshore supply ship from Fafnir Norway.Polarsyssel serves as the Governor of Svalbard’s service vessel and plays a key role in safety and emergency preparedness in the region…
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has submitted environmental impact drafts for the drilling of Chuditch-2 appraisal well off Timor-Leste for public consultation.Sunda Energy…
Saudi oil and gas drilling contractor ADES Holding has signed a 10-year contract renewal for one of its standard offshore jack-up rigs, which was among the suspended rigs previously operating in the Kingdom of Saudi Arabia.The standard jack-up is currently fulfilling a medium-term contract in Egypt…
Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…
Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…
Norwegian offshore vessel owner Solstad Offshore has secured a contact with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea.The duration of the contract is two-year firm and three yearly options, with the start on January 1…
Harbour Energy has secured a permit to drill a well in the Norwegian Sea, which is part of carbon storage exploration license at Havstjerne development.The permit, awarded by Norwegian Offshore Directorate (NOD), is for wellbore 9/6-1 in production license EXL006…
Norwegian oil and gas company Aker BP has drilled a dry wildcat well in the Bounty Updip prospect in the Norwegian Sea.The wildcat well 6306/6-3 S was drilled in production license 886, which was part of the awards in predefined areas (APA) 2016…
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