Western Europe
News
November 05, 2025
DNO ASA has strengthened its position in Norway’s Verdande oil field through a multi-asset swap with Aker BP, increasing its stake from 10.5% to 14%. The deal, part of DNO’s North Sea portfolio optimization strategy, includes divesting interests in the Vilje field, Kveikje discovery, and several exploration permits.
News
November 05, 2025
Aberdeenshire-based completions specialist Vulcan Completion Products (VCP) is marking a new stage in its global growth as its workforce approaches 40 employees and operations extend to nearly 50 countries.
Article
October 2025
This major contract award to Allseas is another milestone in TAQA’s North Sea decommissioning strategy. Removal of the 33,000-tonne topside and 12,000-tonne upper jacket will be carried out by the world’s largest heavy lift vessel.
News
October 30, 2025
North Sea crude exports are set to reach their highest level since 2017, with December loadings forecast at 2.1 million bpd. Rising output from Johan Castberg and other key fields adds to a global oil supply glut expected to pressure prices into 2026.
News
October 29, 2025
Subsea Supplies has expanded its Aberdeen base and signed an exclusive UK/European distribution and service agreement with Innerspace for its full line of electric and hydraulic thrusters, strengthening subsea support and regional supply capabilities.
News
October 29, 2025
The Norwegian Offshore Directorate has granted Equinor a drilling permit for well 7018/5-2 in production license 1236, located in the Barents Sea. The exploration well will be operated by Equinor with partners Vår Energi and Petoro.
News
October 27, 2025
UK-based energy services provider Petrofac has applied to enter administration after a failed restructuring deal and the cancellation of a major North Sea contract, placing more than 7,000 jobs worldwide at risk.
News
October 23, 2025
The Tony Blair Institute is urging the UK government to delay its 2030 clean power target and adopt a more gradual approach to decarbonization. The think tank’s report calls for prioritizing affordable energy, warning that rapid reforms risk eroding public support for climate policy.
News
October 22, 2025
Aker BP reported strong results with 414,000 boed production, robust cash flow, and a major Omega Alfa discovery in Norway’s Yggdrasil area. The find ranks among the largest on the Norwegian Continental Shelf in a decade and supports long-term offshore growth.
News
October 21, 2025
Vår Energi reported strong third-quarter 2025 results, achieving early start-up at seven offshore projects including Johan Castberg and Balder’s Jotun FPSO. The company expects Q4 output of 430,000 boed and plans to sanction ten new Norwegian Continental Shelf developments in 2025.
News
October 17, 2025
The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil equivalent (boe) at the end of 2024, according to the latest Reserves and Resources Report published by the North Sea Transition Authority (NSTA).
News
October 16, 2025
Halliburton and Aker BP have completed the first umbilical-less tubing hanger installation on the Norwegian Continental Shelf using Halliburton’s eROCS digital control system and Optime Tubing Hanger Orientation System.
News
October 13, 2025
Serica Energy has agreed to buy bp's 32% stake in the Culzean field, the UK’s largest offshore gas producer. The $232 million deal expands Serica’s North Sea portfolio and adds low-cost, low-emission production operated by TotalEnergies.
News
October 09, 2025
bp has started up production from the Murlach field in the UK North Sea—its sixth major upstream project of 2025. The two-well subsea tieback adds about 15,000 boed in peak output to the ETAP hub, advancing bp’s plan to deliver 10 new oil and gas projects by 2027.
News
October 08, 2025
ABB will deliver automation and electrification systems for SwitcH2’s floating green ammonia FPSO off Portugal, designed to produce 243,000 tons annually from renewable power.
News
October 07, 2025
Allseas has awarded Able Group contracts to dismantle, reuse, and recycle two of TAQA UK’s most significant North Sea platforms — Cormorant Alpha and Tern — marking one of the largest decommissioning projects ever undertaken in the region.
News
October 02, 2025
TotalEnergies has signed a farm-down agreement with CarbonVault for Denmark’s Bifrost Carbon Capture and Storage project in the North Sea, holding a 45% operator stake alongside CarbonVault (35%) and Nordsøfonden (20%).
News
October 01, 2025
North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field, the first new West of Shetland gas since 2017. Gas is flowing through the SIRGE and FUKA pipelines to the St Fergus Terminal, bolstering UK energy security and reducing reliance on imported LNG.
News
September 30, 2025
DeepOcean has secured a SIMOPRO offshore installation contract from Equinor on Norway’s Åsgard and Visund fields. The scope includes riser replacement, umbilical installations, and subsea infrastructure work, with operations planned for summer 2026 using the Edda Freya vessel.
News
September 26, 2025
Motive Offshore Group has acquired Norway-based Weld Integrity Group, strengthening its Certification & Inspection division and expanding non-destructive testing (NDT) and inspection services in the offshore Norway region.
News
September 25, 2025
At the Tomorrow Show in Oslo, Norway, Mun Hon Chow, Flow Assurance Lead at Shell, outlined how real-time dynamic digital twins are redefining field management and unlocking new opportunities for production optimization.
