Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…
BP estimated on Tuesday its third-quarter refining margins tripled from last year as the Iran war boosts profits for oil majors, but also flagged $3 billion to $4.5 billion in impairments relating to its gas and low-carbon energy segment.This…
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…
OEG has been awarded a contract by Ørsted to supply temporary power for the construction of the Hornsea 3 offshore wind farm, covering offshore converter station commissioning and wind turbine installation and commissioning activities.Under the contract…
Energy data company TGS has signed a framework agreement with newly established Galdor Exploration to use artificial intelligence (AI) and integrated subsurface data to identify exploration opportunities on the Norwegian Continental Shelf and across the wider North Sea region…
Saab UK has received an order from Ørsted for a Seaeye Cougar XT Compact remotely operated vehicle (ROV), expanding the offshore wind company's fleet of Saab Seaeye Cougar systems to three units.The electric ROV will support inspection and maintenance…
RWE has completed the sale of its 33.33% stake in the 1.1 GW Five Estuaries offshore wind farm project in the U.K. to EDF power solutions UK and Ireland, with EDF taking over responsibility for leading the development on behalf of the joint venture partners…
Ørsted has exercised a buyback right to acquire the remaining 49.9% stake in the Gunfleet Sands 1 & 2 offshore wind farm in the UK from its investment partners, paving the way for full ownership of the 172 MW asset.The company currently holds a 50…
Bibby Marine has launched its new battery-first electric commissioning service operation vessel (eCSOV) at Armon Shipyard in Vigo, Spain, ahead of its planned delivery in 2027.The vessel, which will carry the name Staffordshire, entered the…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
The US Interior Department proposed on Friday to hold an offshore oil and gas lease sale in Alaska's Cook Inlet early next year, offering about 1.05 million acres (425,000 hectares) for drilling as part of a congressionally mandated leasing program…
Eni has signed two binding agreements to sell 10% interests in seven production sharing contracts (PSCs) in Indonesia to Pertamina and Medco, covering assets operated by its joint venture with Petronas.Under the first agreement, Eni will sell its 10% interests in the East Sepinggan…
Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil…
Iran is still reviewing a US response to its proposal regarding the reopening of the Strait of Hormuz and will reply to Washington via intermediaries when the review is over, foreign ministry spokesperson Esmaeil Baghaei said on Monday.Baghaei…
Equinor has signed an agreement to sell a 30% interest in its Bay du Nord offshore oil project in Canada to Shell, bringing in a new partner as the companies work towards a final investment decision in early 2027.Under the agreement, Equinor…
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