Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments.Orsted, the world's biggest offshore wind farm developer…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway…
Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million.The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil…
Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…
Luxcara has signed a capacity reservation agreement with Siemens Gamesa for the 1.5 GW Waterekke offshore wind project in the German North Sea.The agreement with the German-Spanish global market leader for wind turbines was concluded following an international tender…
Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…
U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…
Energy data and intelligence firm TGS has secured a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers.Much of the project will focus on acquiring 3D seismic data for exploration purposes, with the final…
Norwegian oil and gas firm OKEA has made oil discovery in the Talisker exploration well at the Brage field in the North Sea.The discoveries were made in the production license PL 055, operated by OKEA with 35.2% working interest, with partners Lime Petroleum 33…
Synera Renewable Energy (SRE) has hired Taiwan-based Century Group to supply wind turbine foundations for its 800 MW Formosa 6 offshore wind project, Taiwan’s single largest offshore wind farm by capacity.Under the contracts, Century Wind Power…
Equinor and partners have struck oil and gas in the Fram area, nine kilometers north of the Troll field in the North Sea.The discoveries were made in exploration well 35/11-31 S in production license 090, operated by Equinor with 45% working interest…
TotalEnergies and its partners, Equinor and Shell, have injected the first CO2 volumes 2,600 meters below the seabed off the coast of Western Norway as part of Northern Lights carbon capture and storage (CCS) project.The first CO2 volumes were…
Norwegian shipbuilder Vard has signed a contract with Norway-based Sanco Shipping for the conversion of the seismic research vessel Sanco Sailor into a seismic source vessel.Sanco Shipping contracted PGS Apollo, now renamed Sanco Sailor, earlier in 2025…
Offshore drilling firm Shelf Drilling has secured a contract extension for the Shelf Drilling Tenacious jack-up rig with Chevron’s subsidiary Cabinda Gulf Oil Company (CABGOC) for drilling operations offshore West Africa.The extension will begin in direct continuation of the rig’s current contract…
China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…
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