SFL Corporation has won a legal battle, with Norway's appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.
Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.
Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.
The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.
Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.
Galdor Exploration has forged a pact with TGS, combining subsurface expertise with cutting-edge AI to rewrite the playbook for North Sea discoveries.
Transocean gets its hands on a North Sea contract for a semi-submersible with Shell and a final approval for three rigs from Equinor.
A routine sidetrack drilling operation in the North Sea has paid off for Equinor, yielding a fresh gas discovery.
Valaris has revealed a total of $220 million secured in new offshore assignments and contract extensions.
