
UK-headquartered oil and gas player Orcadian Energy has entered into binding license agreements with the North Sea Transition Authority (NSTA) for all three licenses awarded to it by the UK regulator as part of the country’s 33rd seaward licensing round.

Norwegian vessel owner DOF Group has secured a new long-term contract with Brazilian oil and gas giant, Petrobras, for its pipelay support vessel (PLSV), as well as an extension of the contract for the PLSV Skandi Açu.