Yinson Production has entered into a cooperation agreement with Carbon Circle to explore and deliver carbon capture projects as part of its broader carbon capture and storage (CCS) solutions.Under this agreement, the parties will focus on developing…
TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…
Oslo-listed oil and gas company Panoro Energy has appointed Eric d'Argentré as its new Chief Operating Officer and President.D'Argentré has extensive expertise in operations, drilling, field development, HSE and project delivery having held…
Viridien has started the processing and imaging phase for the Utsira North multi-client Ocean Bottom Node (OBN) seismic survey in the Norwegian North Sea, to support exploration and development on the Norwegian Continental Shelf.The processing…
Equinor and Shell have appointed Neil McCulloch as Chief Executive Officer (CEO) and Nicoletta Giadrossi as Chair of their offshore U.K. incorporated joint venture, Adura.The appointments mark a key step in establishing Adura as the U.K. North Sea’s largest independent oil and gas producer…
Germany-based Bernhard Schulte Offshore (BSO) has taken delivery of its newest Commissioning Service Operation Vessel (CSOV), built by Ulstein Verft in Norway.The vessel, named Windea Clausius, was officially christened on September 4, and will serve the global offshore energy industry…
Petrodec’s newly constructed heavy lift jack-up vessel, named Obana, has started decommissioning work in the Southern North Sea for Perenco.Obana is working on the decommissioning of the Galahad platform, after which it will move to the Amethyst field for the removal of the C1D…
RWE has struck a long-term partnership with Apollo Global Management to secure funding for its 25.1% stake in Amprion, one of Germany’s four transmission system operators, as the country gears up for a decade of record grid investments.Under the agreement…
Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm…
Ocean Winds (OW), an offshore wind joint venture between EDP Renewables and ENGIE, has completed the installation of the third and final turbine for its Éoliennes Flottantes du Golfe du Lion (EFGL) floating wind project.Developed in partnership with Banque des Territoires…
Austrian oil, gas and chemicals group OMV plans to cut 2,000 of its 23,000 worldwide staff, the Kurier newspaper reported on Thursday evening.Citing staff unions, the paper said the company's Romanian subsidiary Petrom SNPP.BX would be especially severely hit…
Norwegian oil and gas firm Vår Energi has completed the drilling of second well at the Balder field in the North Sea using COSL Drilling Europe’s COSL Pioneer semi-submersible drilling rig.COSLPioneer delivered the second well, BT-4, at the Balder field for Vår Energi…
Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs).Equinor extended contracts for Skandi Flora and Skandi Mongstad PSVs.The extension is applicable from October 2025, according…
Danish offshore wind developer Orsted cut its 2025 profit outlook on Friday, just hours before it is poised to secure shareholder approval for a $9.4 billion emergency rights issue as it seeks to avert a looming credit downgrade.Once celebrated as a trailblazer in offshore wind…
Danish wind farm developer Orsted cut its operating profit outlook for 2025 on Friday, shortly before shareholders were set to vote on a crucial capital raise as the company battles U.S. President Donald Trump's opposition to wind power.Once celebrated as a trailblazer in offshore wind…
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