KESTO, a joint venture between Denmark’s ESVAGT and South Korea’s KMC Line, has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South Korea.From 2028 and for a minimum period of 10 years…
Azule Energy, jointly owned by Eni and BP, has made an oil discovery at the Algaita-01 exploration well in Block 15/06 offshore Angola, with initial estimates pointing to approximately 500 million barrels of oil in place.The well, located in the offshore Lower Congo Basin…
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…
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…
Offshore helicopter services firm NHV Group has started offshore wind crew change operations in Poland using an Airbus H175 helicopter, marking the first deployment of a super-medium helicopter to support offshore wind activities in the country…
Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project is developed by Shinan-Ui Offshore Wind, a consortium consisting of Hanwha Ocean, SK Eternix, KOMIPO (Korea Midland Power)…
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…
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…
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