10000 results found for 'North Sea'

10000 results found for 'North Sea'
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  • Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

    25 December 2025
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion.

  • New partner joins TotalEnergies’ CO2 storage project off Denmark

    2 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    The Danish subsidiary of France’s energy giant TotalEnergies has signed a farm-down agreement with CarbonVault, an affiliate of the German cement producer SCHWENK, for a carbon capture and storage (CCS) project in the Danish sector of the North Sea.

  • North Sea operator raising €450M to fund boost in UK gas field and growth opportunities

    17 September 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial flexibility for further expansion and growth.

  • UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC

    18 September 2025
    Business & Finance, Business Developments & Projects, Human Capital

    With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win secured by workers employed on assets operated by CNOOC Petroleum Europe (CNOOC), a European affiliate of CNOOC, a Chinese state-owned oil and gas giant.

  • Liebherr muscle to help Petrodec with heavy lifts in North Sea

    12 September 2025
    Business Developments & Projects

    Construction equipment manufacturer Liebherr has supplied three cranes for a jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec.

  • Norway casts light on recent North Sea oil discovery

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

    Following an oil discovery at a prospect off the coast of Norway, the Norwegian Offshore Directorate (NOD) has revealed further insight into the latest black gold find in the North Sea.

  • $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake

    8 January 2026
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion).

  • Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

    25 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs in its fleet as a result of the ongoing conflict between the U.S.-Israel alliance and Iran in the Middle East.

  • Turning the tide on ROV deployment with sea state insights

    11 November 2025
    Innovation, Technology, Vessels

    How smarter ROV deployment starts with smarter, real-time sea state measurement. The deployment of remotely operated vehicles (ROVs) is one of the most critical and riskiest activities in offshore operations. These subsea systems are essential for tasks such as inspections, repairs and construction in challenging underwater environments. But when it comes to deployment, timing is […]

  • Repairs ongoing as North Sea FPSO’s production levels drop

    10 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy has revealed a downturn in production volumes from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS). Things are expected to improve by month-end once the unit’s repairs are out of the way.

  • Hellenic Cables bags East Anglia Two inter-array cable deal

    3 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Hellenic Cables has been awarded a contract by Seaway7 for the supply of approximately 165 kilometers of 66 kV inter-array cables and associated accessories for the East Anglia Two offshore wind farm in the UK. Hellenic Cables’ scope of work includes the engineering, design, manufacturing, testing, and supply of the cables, as well as the […]

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • DEME to install inter-array cables on new German offshore wind farm

    3 October 2025
    Business & Finance, Vessels

    DEME has secured a contract for the transport and installation of inter-array cables on the 900 MW Nordseecluster B offshore wind farm in the German North Sea, owned by RWE (51%) and Norges Bank Investment Management (49%). Under the contract, the Belgian offshore construction specialist will transport and install a total of 124 kilometers of […]

  • HydePoint, Subsea7 and EnBW launch offshore hydrogen-wind study in Dutch North Sea

    11 September 2025
    Business Developments & Projects, Research & Development, Technology

    HydePoint, Subsea7, and EnBW have launched a joint initiative to investigate the potential integration of offshore hydrogen production systems with offshore wind infrastructure in the Dutch North Sea.

  • EIB commits €490M to Greek link that will end electrical isolation of Northeast Aegan islands

    2 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) has approved a €490 million financing for an interconnection project that will end the electrical isolation of Greek islands located in the Northeast Aegean Sea. The IPTO North East Aegean Interconnection project will connect the island regions of Lemnos, Lesvos, Chios, Samos and Skyros to Greece’s mainland transmission grid through […]

  • Vår Energi optimistic about production targets as North Sea FPSO ramps up

    10 September 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Norwegian upstream oil and gas player Vår Energi has achieved peak production at its floating production storage and offloading (FPSO) unit working at a field in the North Sea off Norway.

  • ABL supporting Tidewater’s vessels in Mediterranean, Black Sea, and wider Europe

    2 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    ABL’s Egyptian operation, part of Oslo-listed global consultancy ABL Group, has sealed a new deal with Tidewater Marine Egypt, a subsidiary of Tidewater, to provide certain services to the fleet owner and operator’s offshore support vessels (OSVs) working in the Egyptian part of the Mediterranean Sea, the Black Sea, and wider Europe.

  • Navitas signs off on Falkland Islands oil & gas portfolio expansion

    3 March 2026
    Business & Finance, Business Developments & Projects

    Israel’s Navitas Petroleum has locked in the increase of its oil and gas footprint off the coast of the Falkland Islands by firming up a deal to get a lion’s share in a license within the North Falkland Basin.

  • Fresh oil discovery in Barents Sea comes to light

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

    Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.

  • Shell and Equinor take ‘key step’ to set up their UK North Sea JV with CEO appointment

    8 September 2025
    Business & Finance, Business Developments & Projects, Human Capital

    As Adura, an incorporated joint venture (IJV) of the UK’s Shell and Norway’s Equinor, continues making progress in securing regulatory approvals, the two energy heavyweights have unveiled the name of the JV’s chosen Chief Executive Officer (CEO).

  • Eni welcomes QatarEnergy as partner in Egyptian offshore block

    27 October 2025
    Business Developments & Projects, Project & Tenders

    Qatar’s state-owned energy giant QatarEnergy has inked a deal to acquire an interest in a block offshore Egypt operated by Italy’s Eni.

  • 15 years in the making: Falkland Islands’ Sea Lion ready to move forward to first oil

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

    A final investment decision (FID) has been taken for a giant oil project in the North Falkland Basin (NFB), where $1.8 billion will be needed to foot the bill to first oil and $2.1 billion to project completion. This FID comes 15 years after the original oil discovery was made.

  • Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold

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

    With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.

  • AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea

    4 September 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development, Storage, Technology, Transition

    AquaVentus and Hydrogen Scotland have signed a memorandum of understanding (MoU), intending to strengthen hydrogen production and transport in the North Sea region.

  • DeepOcean lands new job at Equinor’s two oil & gas fields in Norwegian waters

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

    DeepOcean has won a new installation assignment at two oil and gas fields off the coast of Norway with the country’s state-owned energy giant Equinor.