The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).
Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).
UK’s Serica Energy has picked a new CEO to spearhead the company which has been in the hands of an Interim CEO for over three months.
PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.
The NSTA has offered Australia’s Finder Energy two licenses in the final tranche of Britain’s 33rd offshore licensing round.
BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected.
European Power Systems (EPS) has signed a master service agreement (MSA) with Harbour Energy for work on three platforms in the North Sea.
Progress is being made in putting all the requirements in place to sanction NEO Energy’s redevelopment project on the UK Continental Shelf (UKCS).
Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium
North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.
Noble Corporation has secured a new deal for one of its jack-up rigs off the coast of Spain, where the rig will carry out plug and abandonment (P&A) activities.
Poland’s Orlen has welcomed the recent partial electrification of an Equinor-operated gas field in the Norwegian sector of the North Sea.
TotalEnergies has decided to prolong a contract with PBS for integrated services delivery to its North Sea portfolio.
Equinor and Vår Energi have received consent from the country’s offshore safety regulator for contingency planning in the Barents Sea.
