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Business & Finance

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Illustration of subsea rock installation vessels; Source: Van Oord
Business & Finance

Van Oord’s subsea rock installation vessel pair to sport TMC’s compressed air system

TMC, a Norway-based designer of compressed air systems for marine and offshore use, has received an order to provide a marine compressed air system for two subsea rock installation vessels being built for the Netherlands-headquartered marine contractor Van Oord.

about 4 months ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business & Finance

Aker BP gets hold of larger stake in huge North Sea oil field

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Norwegian oil and gas player Aker BP has augmented its interest in a giant field in the North Sea, which is considered to be one of the largest producing oil fields on the Norwegian Continental Shelf (NCS).

about 4 months ago
Viridien names new CEO after eight years
Business & Finance

Viridien names new CEO after eight years

The Board of Directors of French geophysical services company Viridien has appointed Henning Berg as the company’s new Chief Executive Officer (CEO) and Director. Viridien‘s Board of Directors appointed Berg as CEO following the general meeting held on June 3, succeeding Sophie Zurquiyah, who will r

about 4 months ago
New partnership targets subsea monitoring for floating wind and oil & gas
Business & Finance

New partnership targets subsea monitoring for floating wind and oil & gas

Underwater technology specialist Sonardyne and advanced engineering company AMOG have signed a memorandum of understanding (MoU) to provide a complete subsea asset monitoring service to offshore energy infrastructure operators. The aim of the partnership is to unlock asset insight, reduce downtime a

about 4 months ago
FPSO; Source: MODEC
Business & Finance

MODEC and Eld embark on next-gen carbon capture-enabled FPSO power system

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

about 4 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Green light for North Sea ops with Odfjell Drilling’s rig

Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Odfjell Drilling, an offshore drilling contractor.

about 4 months ago
Northern Lights JV
Business & Finance

Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Mala

about 4 months ago
Borgland Dolphin rig; Source: Dolphin Drilling
Business & Finance

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has picked up an assignment in the UK with an undisclosed oil and gas operator for one of its semi-submersible rigs.

about 4 months ago
FPF-1; Source: Ithaca Energy
Business & Finance

Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute

Multiple offshore members employed by Bilfinger are set to kick off multi-day industrial action due to a dispute over pay, which will lead to an eight-day stoppage at a floating storage unit (FSU) and a floating production facility (FPF) on the UK Continental Shelf (UKCS).

about 4 months ago
Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount
Business & Finance

Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount

Offshore Energy Amsterdam 2026 has officially opened its Early Bird ticket sales. Industry professionals can now secure their place at Europe’s leading event for the offshore energy and maritime sectors with an exclusive 25% discount, available until 30 June 2026. Taking place on 24 and 25 November

about 4 months ago
Solstad goes on decarbonisation quest with Wärtsilä
Business & Finance

SBM Offshore, Solstad enrich fleet pool with new multi‑purpose installation vessel

Norwegian shipping company Solstad Offshore has joined forces with Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, to strengthen its fleet with a new-build multi-purpose deepwater installation and construction vesse

about 4 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Business & Finance

BP flows first non-associated gas from its giant Caspian Sea field

UK-headquartered energy giant BP has achieved the start of non-associated gas (NAG) production at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 4 months ago
JDR opens subsea cable factory in Blyth
Business & Finance

JDR opens subsea cable factory in Blyth

JDR Cable Systems has opened its new subsea cable factory in Cambois, near Blyth, UK, which the company says expands its capacity to supply inter-array, interconnector and export cable systems for offshore wind projects. The new plant is aimed at supporting growing demand for offshore wind infrastru

about 4 months ago
TotalEnergies - North Sea strike
Business & Finance

Strike over pay dispute on North Sea oil workers’ voting agenda

Multiple offshore workers are poised to cast their votes to determine whether they will embark on industrial action at two platforms in the North Sea on the UK Continental Shelf (UKCS), which are operated by Neo Next + Energy E&P, created by the merger between TotalEnergies’ UK North Sea upstream oi

about 4 months ago