
Several offshore rigs owned by Valaris are embarking on their new assignments in the Gulf of Mexico, Mauritania, and Brazil.

Petrobras and its partner Equinor have started production from the first two wells of the IOR project at the Roncador field off Brazil.

Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields.

Oilfield services providers Halliburton & Baker Hughes revealed improvements in their 1Q 2022 financial performances on a y-o-y basis.

German renewable energy company BayWa r.e. has commissioned its first floating solar project in the Asia-Pacific region, also the first outside of Europe.

Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has completed an investment in Marindows, a Japanese company delivering an open digital platform for Japan’s marine industry.

Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction.

UAE government-owned Masdar has signed a Memorandum of Understanding (MoU) with Kyrgyzstan’s Ministry of Energy to explore the development of renewable energy opportunities, including floating solar and hydropower, as well as onshore solar PV projects.

Norwegian Ministry of Petroleum and Energy has extended ConocoPhillips’ production licenses in the Greater Ekofisk Area.

XLCC has signed the UK Steel Charter, committing to create a new export-led HVDC cable manufacturing industry for the UK. The UK Steel Charter aims to maximize opportunities for the UK economy and UK steel producers by encouraging and promoting measures that can be taken in relation to the procureme

TechnipFMC has won an integrated engineering, procurement, construction, and installation (iEPCI) contract by Wintershall Dea Norge for the Maria revitalization project in the Norwegian Continental Shelf. The revitalization project will tie in an additional lightweight six-slot integrated template s

Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.

Boskalis informed on 20 April that the company won a contract for the transportation and installation of export cables for an offshore wind project, classifying the contract value as “significant”, which for Boskalis means it is worth between EUR 150-300 million. The company said the project for whi

Solstad has secured multiple new deals for its PSVs and AHTS vessels thanks to the increased activity in the oil & gas and renewable sectors.