Norwegian oil and gas firm Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea.The well 25/8-C-23 D, dubbed Prince Updip, was drilled in production license 027, from the Ringhorne platform, just over 200 kilometers west of Stavanger…
Offshore seismic services firm Shearwater Geoservices has secured a 3D seismic acquisition contract by Eni, covering the PSC TL SO 22-23 area in the Timor Sea.The project comprises approximately 1,500 square kilometers and is scheduled to commence late in the first quarter of 2026…
Equinor has trimmed planned investments in renewables and low-emission energy and flagged heavy cuts to share buybacks, the company said on Wednesday as it posted a 22% drop in fourth-quarter profit.The Norwegian energy group's adjusted earnings…
A U.S. Federal Court has granted the preliminary injunction sought by Ørsted for the suspension order issued by the Bureau of Ocean Energy Management (BOEM), allowing the restart of the construction of an offshore wind project in New York.The…
Equinor and its partner ORLEN have discovered gas and condensate in an exploration well drilled in the North Sea.The find was made in the Sissel prospect in production license 1137, operated by Equinor with 50% working interest, while its partner ORLEN holds the remaining 50%…
A U.S. judge on Monday will consider a request from Danish energy company Orsted to block the Trump administration's halt on its Sunrise Wind project off the coast of New York.The preliminary injunction request is the fifth brought by an offshore wind…
Vineyard Wind, a nearly completed offshore wind project off the coast of Massachusetts, asked a federal court on Thursday to block the Trump administration's suspension of the industry in federal waters.The filing came the same day a federal…
Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028…
The underlying lawsuit challenging the U.S. Department of the Interior’s December 22, 2025 suspension order will continue to proceed.Empire Wind will now focus on safely restarting construction activities that were halted during the suspension period…
A U.S. judge on Monday will consider a request from Danish energy company Orsted for an injunction against the Trump administration's decision to halt its $5 billion Revolution Wind project off the coast of Rhode Island.The company's lawsuit…
The U.S. Treasury Department on Wednesday extended a license by more than a month - until February 28 - for companies to talk with Russian energy company Lukoil about buying its foreign assets.President Donald Trump imposed sanctions on Lukoil and Rosneft…
Norway has offered ownership interests in 57 new oil and gas production licenses to 19 companies in its latest annual awards in pre-defined areas (APA) licensing round.Of the 57 licenses, 31 are located in the North Sea, 21 in the Norwegian Sea and five in the Barents Sea…
Energy and marine consultancy ABL has secured a contract by Equinor to provide marine warranty survey (MWS) services to the Northern Lights Phase 2 carbon capture and storage (CCS) project in Norway.The Northern Lights project is part of the…
Oil and gas firm Ithaca Energy has exercised all three remaining weeks of options for Prosafe’s Safe Caledonia accommodation rig, which will continue providing support at its Captain field in the U.K. sector of the North Sea.The extension will…
New York's Attorney General sued the Trump Administration on Friday for suspending the construction of two major offshore wind project that the state says it needs to power a million homes and reduce its reliance on fossil fuels.Letitia J. James…