JERA Nex bp has completed the acquisition of Sumitomo Corporation’s stakes in the Northwester 2 and Nobelwind offshore wind farms, increasing its ownership of the two Belgian projects.The transaction raises JERA Nex bp’s ownership of the 219 MW Northwester 2 wind farm to 100% through the acquisition of Sumitomo’s 30% stake.The joint venture also acquired Sumitomo’s 39.02% holding in the 165 MW Nobelwind wind farm…
Shell slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three months of the year due to the impact of the Middle East conflict.The British oil major…
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…
Norske Shell has awarded AGR a frame agreement for the provision of specialist workforce to its onshore and offshore operations in Norway.The agreement covers the supply of project and long-term personnel and consultants for areas including drilling and wells…
Danish marine equipment supplier Svanehoj has secured its first contract to supply LNG tank gauging systems for the conversion of a liquefied natural gas (LNG) carrier into a floating storage unit (FSU).The company will deliver four LNG density…
Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 30/8-7 S in production license 190. Equinor is the operator of the license with 50% stake, while its…
DOF Group ASA has, through its North America subsea region, been awarded a very large contract for Skandi Involver. Commencement of the contract will be early Q3 2026 and the duration is three years firm plus two one-year options. Under the agreement…
Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…
Clariant Oil Services has deployed an anti-agglomerant low-dosage hydrate inhibitor technology in offshore fields in Norway and the United Kingdom that meets OSPAR environmental requirements for North Sea operations.The company's HYTREAT ECO…
The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…
Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies…
Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…
German utility RWE has agreed to acquire additional indirect stakes in transmission system operator Amprion for $4.1 billion (€3.6 billion), raising its total holding in the company to 55% and expanding into regulated grid infrastructure.RWE has agreed with five shareholders of M31…
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