
Prosafe is optimistic about the demand outlook for 2024 and beyond thanks to a substantial boost in tendering activity for this period.

Following the carbon storage license award to progress the Poseidon project over the Leman fields, Perenco UK and Carbon Catalyst have secured two further CO2 storage licenses in the Southern North Sea sector of the UK Continental Shelf (UKCS). The Orion carbon capture and storage (CCS) project enco

Oil and gas services provider Hartshead Resources NL (HHR) and its joint venture partner Rockrose Energy have awarded Gardline with a contract to perform a geophysical survey for field developments located in the Southern North Sea. Following a competitive tender and subsequent technical and commerc

Equinor has received consent from Norway’s regulator to use one of Odfjell Drilling’s rigs for drilling ops in the Norwegian Sea.

A second of two FPSOs that are part of Petrobras’ revitalisation project in the Campos Basin offshore Brazil has started production.

Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems. According to the partners, meeting global net-zero targets requires a dual strategy where eff

EP Petroecuador is inviting investors to participate in a tender process for an offshore natural gas field located in the Gulf of Guayaquil.

Dyna-Mac is teaming up with two firms to pursue CCS projects and enable more flexibility in addressing spikes in FPSO module fabrication demand.

ExxonMobil has handed out a contract for a hydraulic workover unit and services, including plug and abandonment work to Malaysia’s Velesto.

Jadestone Energy has awarded a contract with an estimated combined contract value of $6.1 million to Malaysia’s Velesto.

Valaris has confirmed that one of its jack-up rigs is en route to its upcoming drilling assignment in the UK sector of the North Sea.

The UK government recently set out plans to scale up the deployment of renewables, ramp up nuclear and maximise the oil and gas production.

Diamond Offshore has made progress on its sustainability quest to curb its GHG emissions while working to meet global energy demand.

Aker BP is progressing with the development of its recently greenlighted project on the Norwegian Continental Shelf (NCS) with the cutting of the first steel for an approximately 1,000-ton module to be built at Nymo.