RWE has installed the world’s first offshore wind turbine featuring a CO2-reduced steel tower and recyclable rotor blades at Denmark’s Thor offshore wind farm.The 1.1 GW project, located off Denmark’s west coast, will include 72 turbines of up to 15 MW each, with installation currently underway and completion expected by the end of 2026.RWE said half of the turbines will use towers made from lower-emission steel…
Evolve Energy has signed a long-term power purchase agreement with Shell Energy Europe to secure electricity from the Race Bank offshore wind farm in the North Sea.The agreement runs until 2035 and will supply about 112 GWh of renewable electricity per year…
Perenco has completed the acquisition of Saturn Banks assets in the U.K. Southern North Sea after receiving regulatory approval.The transaction, agreed with CalEnergy Resources, includes the purchase of CalEnergy North Sea Limited and CalEnergy Infrastructure Limited…
Dolphin Drilling, an Oslo-listed, Aberdeen headquartered offshore drilling contractor, has signed a letter of intent (LOI) for a potential new contract for its Paul B. Loyd Jr semi-submersible rig, which could keep the unit working through 2030…
Aker BP has started oil production from the Symra field in the North Sea nine months ahead of original schedule.The field is estimated to contribute approximately 63 million barrels of oil equivalent to the Eiga area.Symra is located approximately…
TotalEnergies has completed the merger of its U.K. upstream oil and gas business with NEO NEXT, creating a new company named NEO NEXT+ and taking a 47.5% stake in the combined entity.The deal establishes NEO NEXT+ as the largest independent oil and gas producer on the U…
Serica Energy has completed the acquisition of a 40% operated interest in the Greater Laggan Area and associated infrastructure from TotalEnergies, strengthening its position in the West of Shetland basin.The deal, first announced in September 2025…
Britain's Serica Energy reported a 50% fall in annual pretax profit on Thursday, hurt by lower production due to outages at the Triton floating production storage and offloading vessel and higher operating costs.Serica is moving to offset operational…
Norwegian oil and gas firm OKEA has increased recoverable resource estimates for the Talisker West discovery at the Brage field in the North Sea following further subsurface evaluation.The company said P50 recoverable resources in the Talisker…
North Sea-focussed oil producer EnQuest maintained its 2026 production outlook on Wednesday, banking on investments in Britain and South East Asia, after Britain's windfall levies hit last year's post-tax profit.Like its rivals, EnQuestcontinues to face challenges from the UK's Energy Profits Levy…
The North Sea Transition Authority (NSTA) received bids for more than 2 million acres of seabed by closure of the UK’s second carbon storage licensing round on March 24.The applications pave the way for further carbon stores in the UK and highlight…
Adura Energy, a joint venture between Shell and Equinor, has signed a $3 billion reserve-based lending (RBL) facility to support its future growth and energy supply ambitions in the United Kingdom.The seven-year, senior-secured facility is Adura’s…
Boskalis Subsea Services has secured a multi-million-dollar offshore decommissioning contract with Shell UK.The award marks the first decommissioning-specific project Boskalis will carry out for the operator.Under the contract, Boskalis Subsea…
AquaTerra Group has completed what it said is the first full-length internal repair of a seawater and drilling cuttings disposal caisson on an offshore production platform in the North Sea, using its C-Cure lining system.The project involved…
Equinor has made two hydrocarbon discoveries in the North Sea, finding oil in the Troll area and gas and condensate near the Sleipner hub, with both considered commercially viable.The Byrding C discovery was made about five kilometers northwest…