Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50% interest in MarramWind…
U.S. energy developer Glenfarne Alaska LNG and Baker Hughes have signed definitive agreements to advance the Alaska LNG project, which aims to export natural gas from Alaska’s North Slope to global markets.Under the agreement, Baker Hughes will…
Norwegian offshore supply vessel owner DOF Group has secured a contract with BP for the provision of subsea services in the Atlantic region.The three-year firm and two-year options contract will see DOF deploy a high-capability subsea vessel asset to support BP with subsea construction…
Aker BP and DNO have signed agreements expanding their cooperation in Norway’s North Sea, strengthening Aker BP’s position in the Alvheim area and accelerating the development of the Kjøttkake discovery.The deals involve an exchange of ownership…
Aker BP and its partners have drilled a well in the Yggdrasil area in the North Sea, which proved to be dry.The well 30/11-16 S, or ‘Natrudstilen’, was drilled in production license 873, just over one kilometer east of Fulla and 155 kilometers west of Bergen…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7220/7-5 in production license 532, operated by Equinor with 46.3% working interest.Equinor’s partners in the license are Vår Energi with 30%…
Arcius Energy, a joint venture between ADNOC’s XRG and BP, has secured full production and exploration rights for the Burj offshore concession in the Mediterranean, which includes Harmattan gas field offshore Egypt.The agreement was signed during…
Russian energy group Lukoil's foreign empire is suitor Gunvor's biggest acquisition target to date but looks far beyond the Swiss trader's borrowing capacity, bankers and insiders say.Lukoil launched the sale of foreign assets on October 27 after coming under fresh U…
ARB Wind, specialist in asset integrity services to the UK’s wind energy sector, has been awarded a significant contract by Neart na Gaoithe (NnG) Offshore Wind Limited.The balance of plant, inspection & maintenance, and above water foundations inspections contract…
Cadeler, a partner in offshore wind installation and services, has officially opened its new UK office in Norwich, marking another step in the company’s continued growth and reinforcing its presence in the UK offshore wind market. The relocation…
Eni and Petronas have signed a binding agreement to establish a new satellite company through the business combination of their upstream assets in Indonesia and Malaysia.The signing follows a framework agreement signed in June 2025.The independent…
The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…
The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026.The state-owned company said in May that first production at the field…
Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade.Orsted, the world's largest offshore wind developer…
Digital Dry-Docking: Tidewater Sees 60% Time Savings Using UniSea’s Maindeck AppTidewater is redefining how vessel dry-dockings are managed, estimating up to a 60% reduction in project time after deploying UniSea’s Maindeck digital platform…
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