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Oil & Gas

21 companies apply for Norway’s new oil & gas exploration areas

The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as part of this year’s Awards in predefined areas (APA) licensing round. APA 2026 was announced on May 5, with applications closing on Septe

about 1 month ago

Deepsea Bergen rig; Source: Odfjell Drilling

Oil & Gas

Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi

Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2

about 1 month ago

Oil & Gas

First subsea contract with Eni takes McDermott to Cyprus

U.S. offshore engineering and construction player McDermott has secured its first subsea contract with Eni for the first gas development in Cyprus. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was disco

about 1 month ago

Oil & Gas

Saipem put in charge of commissioning services for Türkiye-bound FPU

Saipem has secured a new contract with GOE Petrol Sanayi to provide commissioning services for a floating production unit (FPU) destined for Türkiye’s largest natural gas field. Saipem’s scope of work for the Osman Gazi FPU, intended for the development of the Sakarya gas field in the Turkish Black

about 1 month ago

Vertical Corridor expands into Western Balkans; Source: Gastrade

Oil & Gas

Boost for Europe’s energy diversification and cross-border gas flows as Western Balkans plug into Vertical Corridor

The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.

about 1 month ago

Oil & Gas

Scottish firm strengthens VLGC foothold with four-vessel Korean shipbuilding deal

Babcock LGE, a Rosyth-based marine engineering business within Babcock International, has won a new assignment with South Korea’s Samsung Heavy Industries (SHI) that covers four 88,000-cubic-meter (cbm) very large gas carriers (VLGCs), bolstering its position in the global liquefied gas handling mar

about 1 month ago

Oil & Gas

Netherlands becomes home to ‘Europe’s largest’ carbon capture facility

A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800

about 1 month ago

ETAP facility in the North Sea; Source: BP

Oil & Gas

BP tasks Baker Hughes with production enhancement across UK North Sea assets

UK-headquartered energy giant BP has hired U.S.-headquartered energy technology giant Baker Hughes to support new well development and production optimization across its North Sea operations on the UK Continental Shelf (UKCS).

about 1 month ago

Isabella LNG carrier, owned by Maran Gas, completed its first LNG loading at Cheniere’s Sabine Pass facility in Louisiana. The vessel is one of several contracted by Equinor to transport LNG under the

Oil & Gas

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030.

about 1 month ago

Oil & Gas

WATCH: 24-meter USV performs first fully remote project

The 24-meter-long unmanned surface vessel (USV) Challenger, owned by a joint venture of DeepOcean, Solstad Offshore and Østensjø Rederi, has completed its first fully remote project. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from the joint venture com

about 1 month ago

Oil & Gas

Smulders HSM, SPIE and Scaldis help future-proof offshore wind-powered North Sea gas platform

An integrated project team comprising Smulders HSM, a provider of multidisciplinary offshore platform solutions, SPIE, a multi-technical services provider, and offshore installation partner Scaldis, has been tasked with handling the next phase of a gas project in the Dutch North Sea, with a new comp

about 1 month ago

Left to righ: SI Nan, Marine & Offshore Marketing Department Vice Director, MARIC; Ci Hongen, Vice Chief Engineer of Merchant Ship Dept., MARIC; Zhang Chao, Director of Merchant Ship Department, MARIC

Oil & Gas

Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept

Lloyd’s Register (LR), the UK-based classification society, and the Marine Design and Research Institute of China (MARIC) have unveiled a tri-fuel-ready tanker concept designed to give owners flexibility to pursue liquefied natural gas (LNG), methanol, or ammonia as fuel technologies, infrastructure

about 1 month ago

Oil & Gas

UK oil & gas player, floating wind developer to explore electrification opportunities in North Sea

Edinburgh-headquartered Flotation Energy and London-based Harbour Energy have signed a memorandum of understanding (MoU) to collaborate on assessing opportunities for powering oil and gas assets in the North Sea with floating offshore wind energy.

about 1 month ago

Illustration; Source: German LNG Terminal

Oil & Gas

Nikkiso lands equipment deal for German LNG terminal

Cryogenic equipment supplier Nikkiso Clean Energy & Industrial Gases (Nikkiso CE&IG) Group has secured an order to deliver multiple pumps for a liquefied natural gas (LNG) terminal in Brunsbüttel, adding to its growing portfolio of equipment for Germany’s LNG import infrastructure.

about 1 month ago