U.K. oil and gas company Ithaca Energy has signed a sale and purchase agreement with Spirit Energy, increasing its stake for 46.25% in the Cygnus gas field for $154 million.The transaction, which is subject to NSTA consent, will increase Ithaca Energy's operated interest in Cygnus field to 85%…
Geoquip Marine, a Njord Partners portfolio company, has completed a preliminary geotechnical site investigation for two 4 GW offshore wind projects.The investigation will support the developer in advancing the next phase of design for both project sites…
Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…
Aker BP and its partners have made an oil discovery near the Skary field in the Norwegian Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The oil discovery was made in the so-called E prospect near the Skary field, in wells 6507/5-13 S and 6507/5-13 A…
Subsea7 has secured a contract by the operator ConocoPhillips Skandinavia for a front-end engineering and design (FEED) study for the Previously Produced Fields (PPF) development project, offshore Norway.The project is granted under a new framework agreement between ConocoPhillips and Subsea7…
Canadian company Cellula Robotics has entered into a sales and representation agreement with Subsea Europe Services (SES) and its defense division, FLANQ to expand the market presence of its advanced autonomous underwater vehicle (AUV) technologies across Northern Europe…
Offshore Helicopter Services UK (OHSUK) has taken delivery of a new bespoke Airbus H175 to supplement its helicopter fleet.The aircraft was handed over following test flights in the south of France on last week and will shortly go into service in the North Sea…
Synaptec has launched Greenlight, a monitoring solution designed specifically to address high-voltage cable failures, stemming from faults in cable joints and terminations.Greenlight provides continuous, automated visibility of all joints and terminations in a cable network…
Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3…
The Norwegian government has launched a bidding process for three floating wind project locations at Utsira Nord area.The awarding of project areas for offshore wind and state aid will take place in two stages, with a maturation phase in between…
Akastor’s fully-owned subsidiary DDW Offshore has canceled the sale of Skandi Peregrino anchor handling tug supply (AHTS) vessel.The agreement to sell Skandi Peregrino AHTS, first announced in early March 2025, was conditional on charterer's consent…
The Norwegian Offshore Directorate (NOD) has granted Vår Energi a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6406/11-2 S in production license 586.The license is operated by Vår Energi with 75% working interest…
Polish shipbuilder CRIST S.A. has held a keel-laying ceremony for an offshore support vessel (OSV), being built for Norwegian vessel owner DOF.The vessel, provisionally named SeaDragon (NB 110), will 109.7 meters long and 22 meters wide, with the capacity to accommodate 164 people…
The Government of Estonia has approved a draft bill granting the country’s first construction permit for an offshore wind farm to Saare Wind Energy, which plans to build a wind farm on the west coast of Saaremaa.The building permit is being…
The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the energy and carbon storage potential of the North Sea.The SoI,…