10000 results found for 'North Sea'

10000 results found for 'North Sea'
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  • Shell halves its stake in UK gas discovery as Ithaca comes aboard

    19 November 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has put the wheels in motion to acquire a non-operated stake from Shell UK, a subsidiary of the UK-headquartered energy giant Shell, in a gas discovery located West of Shetland, about 175 kilometers northwest of the Shetland Isles.

  • Aker BP picks up clearance for oil & gas drilling ops with Noble rig

    5 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant.

  • Large contract win gives Ocean Installer more work with Vår Energi

    10 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a contract defined as large with compatriot oil & gas player Vår Energi for the Balder Next development. Under the contract that is expected to bring NOK 1-2 billion ($98-$196 million) in value, Ocean Installer is in charge of […]

  • Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

    20 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

  • UK opens second carbon storage licensing round

    9 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Safety, Storage, Transition, Vision

    The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers areas that fall into two broad categories, including depleted hydrocarbon fields selected by the NSTA, […]

  • First export cable in at Inch Cape offshore wind farm

    24 October 2025
    Business Developments & Projects

    The first of the two 85-kilometre export cables for the Scottish Inch Cape offshore wind farm has been installed by Enshore Subsea using the cable laying vessel (CLV) CMOS Installer. Operating from the Port of Blyth, the vessel laid the 220 kV, three-phase cable manufactured by Ningbo Orient Wires & Cables (Orient Cable) in three […]

  • Norway: Northern Lights starts injecting first CO2 from wastewater

    24 March 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    The Northern Lights CO2 project in the Norwegian North Sea has started injecting the first biogenic CO2 from wastewater treatment delivered to the receiving terminal in Øygarden. Carbon removal company Inherit has delivered CO2 cargos to Northern Lights from Veas, Norway’s largest wastewater treatment plant which handles wastewater from more than 800,000 inhabitants in the […]

  • Dolphin Drilling’s 35-year-old rig returning to its North Sea gig

    23 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Scotland-headquartered offshore drilling contractor Dolphin Drilling has confirmed the return of a 1990-built semi-submersible rig, which it acquired from Transocean, to the North Sea, where it will resume its assignment in UK waters.

  • Equinor, Petoro and OMV get lucky in waters off Bergen

    16 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connection with drilling an oil development well […]

  • NKT completes Beatrice export cable repair, 588 MW offshore wind farm returns to full capacity

    18 November 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    NKT has completed a turnkey repair of one of the 220 kV high-voltage AC subsea export cables connecting the Beatrice offshore wind farm in the Scottish Moray Firth to the Aberdeenshire coast. In April 2025, an unplanned transmission outage occurred on one of two of Beatrice’s Transmission Capital Partner (TCP) -owned export cables, bringing renewable […]

  • Aker Solutions bags FEED contract for Lithuanian CO2 terminal

    19 March 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Storage, Transition, Vision

    Lithuanian liquefied natural gas (LNG) terminal operator KN Energies has awarded Aker Solutions with a front-end engineering and design (FEED) contract for its CO2 transshipment terminal infrastructure project in Klaipėda. The planned terminal is expected to have a capacity of approximately 2.8 million tons of CO2 per year, received from industrial sources in Lithuania and […]

  • North Sea operator prolongs Petrofac’s UK gig for two more years

    22 September 2025

    Petrofac, a UK-headquartered oilfield services provider, has won a contract extension in the UK sector of the North Sea, allowing it to remain on an assignment with Ithaca Energy, a North Sea oil and gas operator and producer.

  • Harbour Energy offloads offshore gas assets in Southeast Asia

    8 December 2025
    Business & Finance, Business Developments & Projects

    London-listed oil and gas company Harbour Energy has set the wheels in motion to divest natural gas assets off the coast of Indonesia for a cash consideration of $215 million.

  • New EPC contract for OneSubsea, this time offshore China

    17 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    China National Offshore Oil Corporation (CNOOC) has awarded OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, with an integrated engineering, production, and construction (EPC) contract for subsea production systems for a deepwater field development. The contract encompasses 20 wells and will see OneSubsea deliver standardized subsea production technology that includes dual electric […]

  • Sonardyne adds another task to its contract for UK’s first offshore CCS project

    18 November 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Innovation, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough Head, the NEP project will comprise an onshore CO2 gathering network, compression facilities and a […]

  • ‘Largest UK independent oil & gas producer’ arises with TotalEnergies-NEO NEXT upstream merger

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded […]

  • DEME awards Dogger Bank cable termination & testing contract

    19 November 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    DEME has awarded SPIE Wind Connect, a subsidiary of SPIE, a contract for the full scope of cable termination and testing works on Dogger Bank C, the third phase of the 3.6 GW Dogger Bank offshore wind project in the UK. Under the agreement, SPIE Wind Connect will carry out 66 kV inter-array cable termination […]

  • DeepOcean nets subsea contract to extend life of Equinor’s field operating since 1992

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

    Norway’s state-owned oil & gas giant Equinor has awarded DeepOcean with a contract for subsea construction and installation activities for a project that aims to extend the production life of an oil & gas field operational since 1992. DeepOcean’s scope of work includes the installation of a subsea safety isolation valve (SSIV), a subsea umbilical, and […]

  • Vår Energi unveils $360 million investment in Barents Sea field

    15 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norwegian oil and gas player Vår Energi has handed out a revised plan for development and operation (PDO) of a project in the Barents Sea to Norway’s Ministry of Petroleum and Energy to enable higher production for longer from an offshore field.

  • Saudi player’s takeover bid deadline for UK oil & gas firm gets prolonged

    8 April 2026
    Business & Finance, Business Developments & Projects

    UK-headquartered Capricorn Energy, formerly known as Cairn Energy, has confirmed the extension of the deadline for a potential takeover offer from Alamadiyaf al-Masiyyah, a member of Saudi Arabia’s Cafani Group.

  • Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices of this year’s backlog cake.

  • Bernhard Schulte Offshore takes delivery of third methanol-ready CSOV

    12 March 2026
    Vessels

    Ulstein Verft has delivered a new commissioning service operation vessel (CSOV) to Bernhard Schulte Offshore (BSO). The CSOV, named Windea Carnot, is the third of three sister vessels built by the Norwegian shipbuilder for the German offshore wind vessel operator and the first of two ordered by investors advised by J.P. Morgan under options included […]

  • Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service

    11 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition, Vessels, Vision

    The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corporation and Ørsted is behind the initiative to provide marine bunkering services for bio-methanol. “This initiative marks a significant milestone for the Port […]

  • More oil unearthed in Norwegian waters as Equinor strikes black gold again

    18 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

  • Equinor gets clearance to use Odfjell Drilling-managed rig at its North Sea field

    23 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norway’s state-owned energy giant Equinor has obtained the Norwegian authorities’ go-ahead for activities in the Norwegian North Sea, which will be carried out with a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.