Transocean has secured $100 million from two-well option exercised by Equinor for one of its harsh environment semi-submersible drilling rigs.Equinor has decided to extend Transocean Spitsbergen semi-submersible rig’s stay in Norway, with the latest option exercised by the company.The program is expected to start in the first quarter of 2026 in direct continuation of the rig’s current program and contribute approximately $100 million in backlog…
Vattenfall has appointed Catrin Jung as the new Head of Business Area (BA) Wind, which encompasses the company’s offshore and onshore wind operations, as well as large-scale solar and battery projects.Currently leading the Offshore Wind business…
Equinor and Centrica have signed long-term gas sales agreement of 55 TWh of natural gas per year, or around 5 billion cubic meters – bcm, for a period of 10 years, to be delivered to U.K.Starting October 1, 2025 at terms reflecting market prices…
Engineering specialist GHD has unveiled a new subsea noise modelling program designed to mitigate the environmental impacts of offshore wind farms.GHD's solution, the RAT (R Acoustics Toolbox), has been developed to address challenges related to underwater noise by providing a bespoke…
OWC and Empire Engineering have been selected to provide owner’s engineering services at the Ayre and Bowdun offshore wind farms, supporting Thistle Wind Partners (TWP), a consortium composed of DEME, Qair and Aspiravi, from concept selection through to further design phases…
SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…
RWE and Norges Bank Investment Management (NBIM) have closed the transaction, where NBIM acquired 49% equity stake in RWE’s 1.6 GW Nordseecluster and 1.1 GW Thor offshore wind projects.As part of the transaction, first announced in March and valued at approximately $1…
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply a regasification module for Höegh Evi, which will be installed onboard the LNG carrier Hoegh Gandria to convert the vessel to a high-capacity floating storage and regasification unit (FSRU)…
Sonardyne has secured a contract by the Northern Endurance Partnership (NEP) to deliver baseline environmental monitoring services for the U.K.’s first offshore carbon capture and storage (CCS) site.Sonardyne will provide environmental monitoring…
Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…
The Danish Energy Agency has approved a 10-year extension of the electricity production license for the 23 MW Samsø offshore wind farm.This marks the first time in Denmark that the lifespan of an older offshore wind farm has been extended. The…
BP, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company…
Inyanga Marine Energy Group has announced the winners of contracts to build its 20 MW HydroWing tidal energy array at Morlais off Anglesey in Wales.Inyanga has selected the contracts to deliver its tidal energy pilot project, which is planned for deployment in the first quarter of 2026…
Azeri state energy company SOCAR will sign new agreements soon for oil and gas exploration in Azerbaijan, including with Exxon Mobil and BP, three sources told Reuters on Monday.The sources, who spoke on condition of anonymity, declined to give further details…
Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan's SOCAR and BP for the Shafaq-Asiman offshore block on the Caspian sea, Turkey's energy minister said on Monday.'Today, we are taking further steps with…
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