Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has provided insight into its fleet utilization for the first quarter of 2026 and its future expectations.
Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supp
Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to employ around 2,500 people. Equinor reported today, May 4, that
Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator for permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Australia.
Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology within the Morlais tidal energy scheme off the coast of Anglesey in Wales. Natural Resources Wales has approved the company’s application to vary its existing marine license, allowing different types of
Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified
Italy-headquartered Next Geosolutions (NextGeo) has exercised the call option to acquire a further circa 7.1% of Rana Subsea, a compatriot subsea services company established in 1964, bringing its share capital to 82.5%. NextGeo signed a sale and purchase agreement for the acquisition of 75.4% of th
EnBW has awarded framework agreements for subsea inspection services across its offshore wind fleet in the Baltic Sea and North Sea, with RS Diving Contractor selected for both of the two lots covering the company’s assets in the Baltic Sea and the North Sea. The contracts, signed on April 7, cover
As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2
Hong Kong-headquartered Venture Energy Limited, focused on the procurement and trading of clean fuels, and Shanghai Shenji Energy & Environmental Technology have expanded their recently established collaboration to medium- to long-term offtake, green fuel trial bunkering, trading platforms and techn
Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).
Jan De Nul has completed the installation of two export cables for the Fengmiao 1 offshore wind farm, being built by Copenhagen Infrastructure Partners (CIP) 35 kilometers off the coast of Taichung, Taiwan. The two high-voltage subsea cables, measuring 45 kilometers and 44 kilometers, have been inst
Norway-based cleantech service provider Soiltech has secured three new assignments for rigs deployed in the Black Sea, the Netherlands, and Norway.
Subsea Integration Alliance (SIA), comprising SLB OneSubsea and Subsea7, has been tasked by U.S.-headquartered energy giant ExxonMobil with the engineering, procurement, construction, and installation (EPCI) scope of work at an oil project in Block 15 off the coast of Angola.
