American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.The NearZero FPSO design incorporates low carbon technologies that collectively…
Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania…
Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately 25% of the workforce at its UK unit based in Aberdeen, the company said in a statement on Wednesday.Harbour, the largest British North Sea oil and gas producer, said the…
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…
Offshore drilling contractor Dolphin Drilling has moved its 1990-built semi-submersible rig to Caledonia field in the North Sea ahead of upcoming permanent plug and abandonment (P&A) operation.The rig, Paul B. Loyd Jr., has completed operations at Harbour Energy's Brodgar well…
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV)…
Offshore services provider DOF has announced an investment in a modular cable repair spread designed to expedite offshore wind operators’ response to cable faults.Engineered for compatibility across DOF’s fleet of 65 vessels, the system offers an industry-first combination of fleet-wide flexibility…
Ørsted has decided to discontinue the Hornsea 4 project in the U.K. in its current form, citing adverse developments like increase in supply chain costs, higher interest rates, and an increase in the risk to construct and operate the project on the planned timeline…
The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022…
Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland’s first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind…
Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with…
French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India…
Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026…
Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geopolitical uncertainty.The Danish company…
The construction of CO2 transit terminal at Port Esbjerg in Denmark has officially started marking another milestone in the development of Greensand carbon capture and storage (CCS) project.The terminal will feature six large holding tanks, each capable of storing approximately 1…
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