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…
Aker Solutions has secured a five-year enabling contract extension with ExxonMobil Canada Properties, the operator of the Hebron platform offshore Newfoundland and Labrador.The brownfield maintenance and modification (M&M) contract, valued between $147 million and $245 million…
Borr Drilling has announced unaudited results for the nine months ended September 30, reporting total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025.Net income of $27.8 million was a decrease of $7…
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…
Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…
Lukoil's international operations faced mounting disruptions on Friday as a U.S. deadline for companies to cut off business with the Russian oil company looms and after a hoped-for sale of the operations to Swiss trader Gunvor collapsed.The U…
Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter…
The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF)…
U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said on Monday.Work began over the weekend on the Essington-1 well…
Aker Solutions has secured a sizeable1 four-year contract extension to provide onshore and offshore inspection services. The extension follows the customer’s decision to exercise an option included in the current agreement.Aker Solutions will…
Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…
Germany’s Federal Maritime and Hydrographic Agency has issued planning approval for Vattenfall’s 630 MW Nordlicht 2 offshore wind farm in the North Sea, clearing the way for construction to move ahead.The Nordlicht II project will consist of 44 turbines of 15 MW each…
Ocean services provider DeepOcean has secured a contract to support the decommissioning of subsea infrastructure at oil and gas fields in Western Australia.DeepOcean’s scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical…
Enshore Subsea has installed the first of two offshore export cables at Inch Cape offshore wind farm, using the CMOS Installer cable laying vessel.Operating from the Port of Blyth, the vessel installed the first of two 85-kilometre export cables for the 1…
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…