
UK-based and North Sea-focused E&P company NEO Energy is poised to become one of the top five players in the UK North Sea.

Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

Offshore services provider Archer Limited has secured a long-term frame agreement with oil firm ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf.

Norwegian offshore shipowner Solstad Offshore has been awarded a long-term contract for one of its platform supply vessels (PSV) by oil major Shell.

Consulting services firm ICM Group has been awarded a global preferred agreement for Vantage Drilling’s onboard regulatory and crane training requirements.

Marine engineering consultancy LOC has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets.

Ithaca Energy has sanctioned the Captain Enhanced Oil Recovery Stage 2 project in the UK Central North Sea.

Maersk Drilling has been awarded a contract from Tullow for the provision of the drillship Maersk Venturer for operations off Ghana.

Petrobras has revealed that the first production from its Mero 1, through FPSO Guanabara, has been postponed due to FPSO construction delays.

Oilfield services provider Petrofac has extended $700 million of its banking facilities at its request with the unanimous support of lenders.

Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a 50% ownership share in its Borssele 1 & 2 offshore wind farm in the Netherlands. As part of the deal, Ørsted will continue to provide long-term operations and maintenance services from its O&M base at the Port o

North Sea-focused Jersey Oil & Gas (JOG) has now completed its acquisition of the entire issued share capital of CIECO V&C.

Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the P2528 Licence in the 32nd UK Offshore Licensing Round.

ABB and Siemens Energy are awarded framework agreements by Equinor for providing the service of electrical equipment on all installations in Norway.