Equinor, Vår Energi and Petoro will invest around $395 million (NOK 4 billion) in the first discovery tied back to the Johan Castberg field in the Barents Sea.The decision comes eight months after Johan Castberg came on stream. Recoverable oil…
The North Sea Transition Authority (NSTA) has opened a carbon storage licensing round offering 14 locations in Scottish and English waters for exploration and appraisal, and with potential to provide future capacity to support industrial decarbonization for the U…
Viridien has announced a new multi-client seismic reimaging program over Angola’s highly prospective offshore block 22 to support the country’s upcoming licensing round.The 4,300 sq km high-end data set will bring valuable insight into underexplored structures along the Atlantic Hinge zone…
McDermott has secured a subsea contract from Petronas Carigali Brunei for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei.The award follows McDermott's completion of front-end engineering design (FEED)…
TechnipFMC has been awarded a significant contract by Ithaca Energy to deliver flexible risers, flowlines and associated subsea hardware for the Captain field development in the UK North Sea, the company said on Monday.The contract, classified…
Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver Launch and Recovery Systems (LARS) for the company’s four new offshore construction vessels. Each vessel will be equipped with two advanced LARS units, supporting subsea construction and ROV operations…
Ocean data acquisition specialist XOCEAN has secured five-year contract to deliver bathymetric survey services across six Dutch offshore wind farms.The agreements were coordinated by Eneco on behalf of the participating wind farms – Borssele 3&4 (Blauwwind)…
The North Sea Transition Authority (NSTA) has named 13 operators that have fallen behind on their decommissioning obligations for inactive wells, releasing its first public table on North Sea decommissioning arrears.The table lists companies…
As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems…
Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, to provide mooring asset integrity services.With work due to commence in December 2025, Intermoor will deliver comprehensive quality…
TGS, a leading provider of energy data and intelligence, is pleased to announce the award of an ocean bottom node (OBN) contract in Europe.The company's node-on-a-rope crew is scheduled to mobilize early May 2026, and the contract has a duration of approximately 60 days…
TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.Located in the prolific West Delta basin…
Subsea7 has secured a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba floating storage unit (FPU) and Greater Stella field FPF-1 production facility, off United Kingdom.The decommissioning scope includes the flushing of the subsea pipelines…
Axess Technologies, a subsidiary of Axess Group, has secured another riser replacement contract with Equinor in the North Sea.The contract covers the planning and execution of all topside activities related to riser replacements on Visund and Troll C in the North Sea…
Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…
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