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Oil & Gas

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TotalEnergies, Eni and QatarEnergy enter new exploration permit offshore Lebanon
Oil & Gas

TotalEnergies, Eni and QatarEnergy enter new exploration permit offshore Lebanon

France’s TotalEnergies, Italian Eni, and QatarEnergy have signed an agreement with the Lebanese government to enter an exploration permit offshore Lebanon. The consortium’s initial work program on Block 8 consists of the acquisition of a 1,200 km2 3D seismic survey, in order to further assess the ar

about 9 months ago
Ithaca Energy awards Prosafe vessel with $2.73M contract extension
Oil & Gas

Ithaca Energy awards Prosafe vessel with $2.73M contract extension

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North Sea oil & gas operator and producer Ithaca Energy has exercised the option for Prosafe’s flotel to stay all three remaining weeks at the Captain field in the UK sector of the North Sea. Safe Caledonia’s contract was supposed to keep the vessel at the Captain field until early February 2026, af

about 9 months ago
Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Oil & Gas

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

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).

about 9 months ago
Kristin platform; Credit: Marit Hommedal/Equinor
Oil & Gas

Norway marks its second best oil & gas exploration year in decade

As the global oil and gas industry continues to seek more hydrocarbons to replace depleting reserves, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has highlighted the country’s exploration results in 2025 as being among the best in several years.

about 9 months ago
Normand Turquesa vessel at sea
Oil & Gas

Petrobras keeps Solstad’s 2007-built vessel busy for another year

Brazil’s state-owned energy giant Petrobras has prolonged a contract of an anchor handling tug supply (AHTS) vessel, owned by Solstad Offshore, a Norwegian shipping company.

about 9 months ago
Aker Solutions cuts workforce and capacity due to lower activity outlook
Oil & Gas

Aker Solutions cuts workforce and capacity due to lower activity outlook

Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as a response to an anticipated decrease in activity levels this year. After several years of record-high workload, Aker Solutions announced yesterday, January 7, that it expects activity levels to decrease

about 9 months ago
Aker Solutions
Oil & Gas

Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in

Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.

about 9 months ago
Equinor expands Archer’s scope for P&A of 30 subsea wells
Oil & Gas

Equinor expands Archer’s scope for P&A of 30 subsea wells

Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning

about 9 months ago
LNG tanker Lebrethah at sea
Oil & Gas

Hanwha Ocean tasks GTT with tank design for seven LNG vessels

South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).

about 9 months ago
Northern Lights
Oil & Gas

Northern Lights gig lands on ABL’s plate

Oslo-listed global consultancy ABL Group has been hired for work on the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project in Norway.

about 9 months ago
Transocean Enabler rig at sea
Oil & Gas

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway.

about 9 months ago
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Oil & Gas

Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o

about 9 months ago
FPF-1; Source: AF Offshore Decom
Oil & Gas

Ithaca Energy books AF Offshore for North Sea decom gig

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has landed a new decommissioning project on the UK Continental Shelf (UKCS) with Ithaca Energy, a North Sea oil and gas operator and producer.

about 9 months ago
Port
Oil & Gas

Global energy transition drags its feet as oil & gas reign over energy mix

Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix, according to GlobalData, an inte

about 9 months ago