Perenco UK has restarted production from the Davy gas field in the Southern North Sea more than five years after the asset was shut in.The company said production from Davy wells A3 and A5 restarted in late April 2026 following a revival project that had initially been preceded by plans for decommissioning after several failed restart attempts in 2021.Perenco said combined production from both platforms…
Offshore drilling contractor ADES Holding has secured a new contract in Nigeria for its Main Pass IV standard jack-up rig.The contract has a one-year firm term with an additional one-year unpriced option, with the firm term value of the contract of $48…
Solstad Offshore has informed the arbitration proceedings related to disputed 2024 charter hire for Normand Maximus construction support vessel (CSV) had concluded in favor of the company.The company said it would receive approximately $13 million in charter hire…
Inpex has agreed to acquire a 10.67% participating interest in the Browse joint venture offshore Western Australia from PetroChina International Investment (Australia) – CNPC.The Japanese energy company said subsidiary Inpex Mirai Upstream signed…
The United Arab Emirates will accelerate construction of a new oil pipeline to double its export capacity through Fujairah by 2027, the government's Abu Dhabi Media Office said on Friday, vastly expanding its ability to bypass the Strait of Hormuz…
Caturus has taken a final investment decision on its Commonwealth LNG export project in Louisiana after securing $9.75 billion in project financing for the 9.5 million tonnes per annum facility, with partners Mubadala Energy, Kimmeridge and CPP Investments…
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…
DNV, the independent energy expert and assurance provider, has published two new standards aimed at improving the safety, reliability and long-term performance of floating solar photovoltaic (FPV) systems, supporting the rapid global growth and expansion of renewables…
Taihan Cable & Solution has acquired a second cable laying vessel (CLV) from DOF Group to strengthen its offshore wind and subsea power cable installation capabilities amid growing global demand for grid interconnection infrastructure.The South…
DNV, the independent expert and assurance provider, has launched a new position paper on managing artificial intelligence (AI) system risk stating that digital trust would be critical to safely scaling AI across energy networks as power systems become increasingly automated and data-driven…
Cadeler has completed the installation of the first fully commissioned monopile foundation at Ørsted’s Hornsea 3 offshore wind farm in the UK, marking a major milestone in the execution of one of the world’s largest offshore wind developments…
ABL Energy & Marine Consultants Brasil has been appointed marine warranty surveyor (MWS) for Subsea7’s transportation and installation campaign covering SURF infrastructure for the Mero 3 and Mero 4 offshore developments in Brazil’s Santos Basin…
Türkiye has announced plans to launch its first offshore wind Renewable Energy Resource Area (YEKA) tender after completing permitting processes for four identified offshore sites, Energy and Natural Resources Minister Alparslan Bayraktar said…
Stamper Oil & Gas has received an extension for Petroleum Exploration Licence (PEL) 102 offshore Namibia while continuing technical and strategic work across its offshore exploration portfolio amid increasing industry activity in the region…
Vietnam’s PV Drilling has signed a contract with Russia's Zarubezhneft EP Vietnam to provide jack-up drilling unit services for its 2026 development drilling campaign in Block 12/11 offshore Vietnam.Under the agreement, a jack-up rig will be…
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