Western Europe
News
April 01, 2025
Specialist drilling waste management company, TWMA*, has secured a three-year contract with TotalEnergies UK for its renowned drilling waste management services, marking the continuation of a long-term relationship between the two companies.
News
April 01, 2025
Petrofac’s Asset Solutions division has been awarded a number of scope expansions and new contracts in Q1 2025 totaling $500 million (USD). The awards span late-life asset management, decommissioning and integrated services across core global markets.
News
March 31, 2025
Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping oil. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 bpd.
News
March 31, 2025
Subsea 7 S.A. today announced the award of a sizeable contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway. The scope includes engineering, procurement, construction and installation of a five-kilometer CO2 pipeline.
News
March 27, 2025
The HSI Joint Venture, comprising HSM Offshore Energy, Smulders, and Iv, has successfully moved the Jasmund Offshore Substation (OSS) topside and lifted the transformers for 50Hertz at HSM Offshore Energy’s Stormpolder yard in the Netherlands.
News
March 27, 2025
TotalEnergies and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028.
News
March 26, 2025
A conservation group is challenging Britain’s government in a London court over 31 North Sea oil and gas exploration licenses that it says could put marine protected areas and climate stability at risk.
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.
