Italian energy group Eni beat forecasts on Thursday with a 35% year-on-year jump in fourth-quarter adjusted earnings, driven by a strong performance in its exploration and production division and improved refining results.Adjusted net profit came in at 1…
Italian oil contractor Saipem is ready to resume activities in Venezuela for both offshore and onshore projects after the easing of U.S. sanctions, Chief Executive Alessandro Puliti said on Wednesday.'Things in Venezuela are changing very quickly…
Worley Limited has been awarded a five-year engineering, procurement and construction management (EPCM) services contract by Energinet Brint to support Phase 1 of Denmark’s Hydrogen Backbone pipeline.The Danish Hydrogen Backbone 1 project will…
Kongsberg Maritime has been selected to supply a fully integrated equipment package for a next-generation ultra-large cable laying (CLV) vessel being built for LS Marine Solution at Tersan Shipyard in Türkiye.The vessel, designed to support…
Shell and Greece’s METLEN have signed a memorandum of understanding (MoU) to establish a framework for cooperation in the supply and trading of liquefied natural gas (LNG).Under the agreement, the two companies plan to supply and trade approximately 0…
Dajin Offshore has signed a $13.1 million contract with Poland’s state-owned Szczecin Shipyard Wulkan to fabricate at least 40 ready-to-install internal platform sets for foundations for the Nordseecluster B offshore wind project in the German North Sea…
Danish wind turbine maker Vestas has received a firm 92-turbine order for RWE’s 1.38 GW Vanguard West offshore wind project in the United Kingdom.Vestas will be responsible for the supply, delivery and commissioning of the V236-15.0 MW turbines for the project…
Saipem has introduced an artificial intelligence (AI)-based predictive maintenance system onboard its ultra-deepwater drillship Saipem 12000, aiming to improve operational efficiency and offshore safety.The system uses real-time data and artificial…
Retrofit specialist GLO Marine has announced a $7 million (€6 million) investment in a new integrated assembly and production facility in Galați, Romania, as it seeks to expand its end-to-end vessel upgrade and decarbonization capabilities.The new facility will allow the company to engineer…
Norwegian marine seismic survey services firm SeaBird Exploration, part of SED Energy Holdings, has secured a contract extension for its Fulmar Explorer seismic survey vessel.SeaBird Exploration has signed a three-month contract extension for…
Norway's combined oil and gas production exceeded an official forecast by 5.6% in January, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Romanian state-owned gas producer Romgaz has sufficient funding lines to pay for its share of offshore project Neptun Deep for 2026, depending on whether it acquires an ailing state-owned fertilizer producer, its CEO said on Monday.Romgaz has…
North Sea-focussed oil producer EnQuest forecast lower annual production on Monday after storm damage to a third‑party platform led to a five-week outage at its Magnus field.Severe weather disrupted operations in the UK North Sea early in 2026…
Oil producer Capricorn Energy said on Monday it expects higher production in 2026 compared with last year, supported by the expansion of its Egypt operations.In May, the Scottish company and Egyptian General Petroleum Corporation (EGPC) agreed…
Oil production on the Norwegian continental shelf (NCS) in 2025 reached its highest level since 2009, according to the 2025 Resource Accounts, reported by Norwegian Offshore Directorate.The report showed high production of both liquids and gas…
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