AGR resourcing services business, part of the ABL Group, has entered into a five-year frame agreement to deliver technical personnel and workforce to Vår Energi.Vår Energi is a leading independent upstream oil and gas company on the Norwegian continental shelf (NCS)…
Norwegian offshore vessel owner Solstad Maritime has signed a contract award with an international subsea contractor for the Normand Sentinel contract support vessel (CSV).The firm contract will start early 2026 and will keep the Normand Sentinel fully committed until the end of 2027…
From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM are attracting potential bidders as time runs out to clear deals before U.S. authorities enforce sanctions.The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to peace talks over Ukraine…
BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in meeting the energy company's $20 billion divestment goal…
Petrobras’ P-79 floating production, storage and offloading (FPSO) unit has departed South Korea’s Hanwha Ocean shipyard bound for Brazil’s Búzios field, where it will add 180,000 barrels-per-day production capacity by 2026.The P-79 set sail on November 11 from Hanwha Ocean shipyard in Geoje-Si…
Singapore-based Mooreast Holdings is set to begin feasibility studies to develop up to 500 MW of large-scale renewable energy projects in Timor-Leste.The feasibility studies, scheduled to start later in November, follow the signing of a Letter…
Viridien, in collaboration with TGS, has made available the early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The initial 5Hz Acoustic TLFWI (AFWI) Ocean Bottom Node (OBN) products from the Laconia Phase III survey are now available…
Danish renewable energy group Ørsted has achieved a 98% reduction in carbon emissions, completing what it called the world’s first full green transformation of an energy company as world leaders gather for COP30 climate talks in Brazil.The milestone…
Offshore drilling contractor Northern Ocean and oil and gas firm Rhino Resources have signed a contract extension for Deepsea Mira semi-submersible drilling rig for work offshore Namibia.The contract for Deepsea Mira with Rhino Resources, signed in July 2025…
Italian offshore services provider Next Geosolutions (NextGeo) has secured a new contract worth around $9.8 million by Saipem for offshore survey and installation support activities under the Bouri Gas Utilization Project (BGUP) in North Africa…
Nigeria will begin a fresh round of oil licensee auction from next month, the oil regulator said on Tuesday in London, as part of plans to revive idle assets and grow production.'We are announcing that we are ready, following the approval of…
Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration…
Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October…
Austria’s Palfinger Marine has signed a contract to supply the world’s first fully electric offshore jib cranes for the Bałtyk 2 and Bałtyk 3 wind farms off Poland, marking an industry milestone in the electrification of offshore wind operations…
Odfjell Oceanwind has been granted Basic Design Approval (BDA) from DNV for the Deepsea Star floating offshore wind design.The BDA covers the use of Siemens Gamesa’s SG DD-236 15 MW wind turbine generator in a wide range of conditions, including…
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