Western Europe
News
March 25, 2025
Kent will provide strategic advisory and engineering services for the UK government’s Department for Energy Security & Net Zero (DESNZ) ENZPS Framework, as part of a framework agreement valued at up to £250 million (approx. $324 million USD).
News
March 25, 2025
The North Sea Transition Authority raised its forecasts for investment and production in the coming years after 2024 figures were higher than expected. The NSTA said capex totaled £5.95 billion ($7.7 billion) last year, more than 50% above an October projection.
News
March 24, 2025
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. This latest phase will increase production by tying in additional wells to the current infrastructure, which is powered by low-emission resources onshore.
News
March 24, 2025
Interocean Marine Services (Interocean), a leading specialist in offshore support services, has been named the winner of this year’s Associate Member’s Safety Award at the prestigious IADC North Sea Chapter (NSC) Annual Safety Awards.
News
March 18, 2025
OLT Offshore LNG Toscana has announced that its floating regasification terminal "FSRU Toscana" will be in operation until the end of 2044, following a successful extension of the useful life of the Terminal in 2024.
News
March 14, 2025
Kistos, an independent energy company focused on generating value across the upstream and midstream markets, noted an announcement made today by Vår Energi, the operator of the Balder Area, regarding the tow-out of the Jotun FPSO from the Worley Rosenberg yard in Stavanger, Norway.
News
March 14, 2025
Fulkrum announced today the successful completion of its vendor surveillance work for Shell’s pioneering Penguins project. The six-figure contract, secured in March 2020, spanned five years and has now reached completion, with the project officially in production.
News
March 11, 2025
Westwood’s new Atlas Decommissioning module provides critical insight into the timing, scale and economic risks of North Sea decommissioning.
News
March 07, 2025
Norweigan oil company DNO has reached an agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million (USD) based on an enterprise value of $1.6 billion. The Sval Energi assets will enable DNO to quadruple its North Sea production.
News
March 06, 2025
The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices are unusually high. The UK also confirmed plans to end new North Sea exploration licenses for oil and gas.
News
February 27, 2025
Energy services provider Expro has secured a contract to supply Tubular Running Services (TRS) as part of a major Carbon Capture and Storage (CCS) project in the Netherlands.
News
February 26, 2025
Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX™ automation and remote operations, Sekal’s Drilltronics®, and the rig automation control system.
News
February 24, 2025
TGS has been awarded a 4D streamer contract acquisition project in the Barents Sea covering the Goliat 4D field operated by Vår Energi. The Goliat 4D project is scheduled to start in July with a total duration of approximately 20 days.
News
February 20, 2025
Wood has been awarded a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) and subsea and integrity management to onshore and offshore assets across the UK.
News
February 20, 2025
SUARDIAZ Group has unveiled its new subsea vessel, RS Alegranza, at the Astander shipyard in Cantabria. The vessel will undergo harbor and sea acceptance tests to ensure offshore compliance before beginning operations in the North Sea.
News
February 19, 2025
Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC)
News
February 19, 2025
Draeger Safety UK has secured a contract extension with INEOS O&P UK. A direct continuation of the existing work scope, the agreement covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations.
News
February 12, 2025
STRYDE has secured a major contract to supply 42,000 autonomous nodes to Smart Seismic Solutions (S3). The nodes will be deployed on a 3D high-density seismic survey for the CarbonCuts CO₂ Storage Project onshore in Denmark.
News
February 11, 2025
TGS announced it has been awarded two 4D streamer contract acquisition projects, one in the North Sea and one in the Norwegian Sea. The 4D projects are scheduled to be acquired back-to-back and commence in June.
News
February 10, 2025
Global Underwater Hub (GUH), the trade and development body which represents the UK’s £9.2 billion underwater industry, has published a white paper explaining its strategies to improve subsea cable systems for offshore wind projects.
