10000 results found for 'North Sea'

10000 results found for 'North Sea'
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  • Ithaca Energy awards Prosafe vessel with $2.73M contract extension

    9 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    North Sea oil & gas operator and producer Ithaca Energy has exercised the option for Prosafe’s flotel to stay all three remaining weeks at the Captain field in the UK sector of the North Sea. Safe Caledonia’s contract was supposed to keep the vessel at the Captain field until early February 2026, after Ithaca Energy exercised […]

  • Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

    13 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (UKCS).

  • 50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

    3 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision could reshape Britain’s energy future for decades. WoodMac also claims the UK could boost North Sea production by 50% while staying within net-zero targets.

  • Shell, Equinor, TotalEnergies issue first Northern Lights CO2 storage certificates

    10 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Outlook & Strategy, Project & Tenders, Transition, Vessels

    The Northern Lights joint venture (JV), encompassing oil majors Shell, Equinor, and TotalEnergies, has issued the first storage certificates for CO2 permanently stored in the Aurora reservoir in the North Sea, documenting the quantities of CO2 transported and stored. The first CO2 volumes were transported in August through the 100-kilometer pipeline and injected into the Aurora offshore reservoir 2,600 meters below the North Sea seabed offshore […]

  • DeepOcean to be on decommissioning duty offshore Australia in 2026

    30 October 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Ocean services provider DeepOcean is set to support subsea infrastructure decommissioning at oil & gas fields off the coast of Australia, with the work to be carried out next year. The scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical, and removal of a disconnectable turret-mooring buoy (DTM), performed […]

  • TotalEnergies’ upstream merger with NEO NEXT crosses finish line

    30 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    The merger between TotalEnergies’ UK North Sea upstream oil & gas business and NEO NEXT has been completed, resulting in what the French energy giant says is the largest independent oil & gas producer in the UK. To remind, the partners signed an agreement in December 2025 under which TotalEnergies would merge its upstream business […]

  • Fugro completes surveys for TenneT’s 2 GW grid connection projects in Germany

    21 October 2025
    Business Developments & Projects, Operations & Maintenance

    Fugro completed land and marine surveys for TenneT Germany’s LanWin1 and LanWin2 grid connections, which are part of the transmission system operator’s (TSO) 2 GW program. The LanWin2 cable route required a range of onshore and nearshore investigation activities to support project development. Fugro’s new GroundIQ service enabled low-impact geophysical surveys, including electrical resistivity profiling and […]

  • Serica brings another multimillion-dollar oil & gas acquisition to a close in UK

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has completed the acquisition of  Prax Upstream, a subsidiary of compatriot Prax Exploration & Production, expanding its hydrocarbon portfolio on the UK Continental Shelf (UKCS).

  • Highlights reel of top UK oil & gas consolidation plays

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining ground, spurred by Big Oil’s business combination steps.

  • Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Regulation & Policy, Transition

    The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a helping hand in achieving its climate neutrality vision.

  • £50 billion going down the drain as UK keeps oil & gas windfall tax in place

    27 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the move it portrays as a bitter blow to the UK’s energy workers and industry players.

  • BP entrusts Three60 Energy and AF Offshore JV with decom gig at North Sea field

    30 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    BP has hired a new joint venture (JV) between Three60 Energy (THREE60) and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, on a multimillion-pound assignment for integrated decommissioning services at its field on the UK Continental Shelf (UKCS). 

  • Two more gigs for TGS in Europe

    4 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has secured two new contracts in the North Sea, following the announcement of its second ocean bottom node (OBN) contract in Europe for the 2026 season. TGS has won a 4D streamer acquisition contract offshore Norway, with a Ramform vessel scheduled to mobilize for the survey in the […]

  • WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT

    13 March 2026
    Business Developments & Projects

    Belgian offshore contractor Jan De Nul plans to install three subsea power cables and a fiber optic cable simultaneously on several upcoming offshore grid connection projects for TenneT, introducing what the company describes as an industry-first installation approach. The work relates to the BalWin4, LanWin1, LanWin5 and BalWin5 grid connection projects in the German North […]

  • Boskalis’ subsea rock installation vessel kicks off its first European gig with Equinor

    19 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Dutch offshore services provider Boskalis has embarked on a mission to slide into place many tens of thousands of tons of rock for Norway’s state-owned energy giant Equinor in the North Sea, using a subsea rock installation vessel, which previously worked mostly in Taiwan and Australia.

  • DOF lands work in the Atlantic, secures multi-year North America contract with Shell

    22 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily using DOF‘s regional fleet during the […]

  • UK, German TSOs unveil plan for 2 GW offshore wind interconnector

    26 January 2026
    Business Developments & Projects, Infrastructure, Project & Tenders

    UK’s National Grid and TenneT Germany will together develop a multi-purpose interconnector designed to connect offshore wind generation in Britain and Germany to both countries’ electricity systems, the companies said on January 26. The interconnector, called GriffinLink, could link up to 2 GW of offshore wind capacity and is expected to be operational by the […]

  • Decade-long gas deal in Europe lands on Equinor’s energy supply list

    21 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian state-owned energy giant Equinor has struck a new multi-year agreement with the Capital City of Prague’s gas and electricity company, Pražská plynárenská, to supply gas to the Czech Republic. The ten-year deal, which has enabled gas supplies to the Czech Republic, will last until October 1, 2035. Pražská plynárenská will use the gas to […]

  • Dry testing milestone brings Symphony’s wave tech closer to sea

    17 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development, Technology

    The Netherlands-based tidal and wave energy developer Symphony Wave Power has completed dry tests of its wave energy unit, marking a milestone in the company’s path toward offshore deployment in 2026. “What started as engineering on paper is now in motion, literally! These dry-tests mark a major milestone on our roadmap toward offshore deployment in […]

  • $25M in new contracts for Solstad Maritime CSVs

    10 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Solstad Maritime (SOMA) has won multiple new contracts for several construction support vessels (CSVs), with the work to start this and next month. The contracts for the 142.6-meter-long Normand Navigator and 127.5-meter-long Normand Cutter include additional services such as remotely operated vehicle (ROV) operations and survey activities connected to their projects in Brazil. For the […]

  • Global Marine Group to update fleet with Solstad construction support vessel

    12 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    UK-headquartered Global Marine Group is acquiring a Solstad Maritime (SOMA) construction support vessel (CSV) that has been supporting company operations since 2020. SOMA announced today, December 12, that Global Marine Group, the current charterer of CSV Normand Clipper, has declared its purchase option for the vessel. The 2001-built vessel, which has supported Global Marine Group’s […]

  • EU’s first dedicated offshore CO2 carrier now equipped with CO2 storage tanks (Gallery)

    16 December 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Green Marine, Innovation, Outlook & Strategy, Storage, Technology, Transition, Vessels, Vision

    The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, the first dedicated offshore CO2 carrier built in the EU, set to work on the Greensand project in Denmark. Once operational next year, the vessel will be prepared for its carbon capture and storage (CCS) duties, working on Project Greensand by […]

  • DNO swaps non-core assets with Aker BP for bigger slice of Norwegian field nearing startup

    5 November 2025
    Business Developments & Projects

    Norwegian oil and gas operator DNO has signed a deal with compatriot Aker BP to swap multiple assets on the Norwegian Continental Shelf (NCS).

  • DOF gets call from the Atlantic from BP

    10 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and maintenance (IRM) operations. Preparations are already underway, with the company providing […]

  • Go-ahead for Aker BP to use Floatel’s vessel at Norwegian offshore field

    23 January 2026
    Authorities & Government, Business Developments & Projects, Regulation & Policy, Vessels

    The Norwegian offshore safety regulator has given Aker BP consent to deploy one of Floatel’s semi-submersible accommodation and construction support vessels at a field off the coast of Norway.