Ørsted has decided to discontinue the Hornsea 4 project in the U.K. in its current form, citing adverse developments like increase in supply chain costs, higher interest rates, and an increase in the risk to construct and operate the project on the planned timeline鈥
The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022鈥
Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland鈥檚 first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind鈥
Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with鈥
French seismic company Viridien has sold its Sercel Marlin 云顶赌场老虎机 Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India鈥
Norwegian offshore vessel owner Solstad 云顶赌场老虎机 has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026鈥
Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geopolitical uncertainty.The Danish company鈥
The construction of CO2 transit terminal at Port Esbjerg in Denmark has officially started marking another milestone in the development of Greensand carbon capture and storage (CCS) project.The terminal will feature six large holding tanks, each capable of storing approximately 1鈥
Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm, kicking off the offshore construction for the first phase of the 1.6GW project.The scour protection provides full protection鈥
Vard has secured a new contract with Taiwanese-based Dong Fang 云顶赌场老虎机 (DFO) for the design and construction of one Commissioning Service Operation Vessel (CSOV), a sister vessel to the two CSOVs ordered in May 2024.After sealing the contract for two CSOVs in May 2024鈥
Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday.Greece this week issued鈥
Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil.DOF鈥檚 Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project鈥
U.K.-based PD Ports has outlined its plans to develop one of the U.K.鈥檚 largest offshore wind manufacturing and installation hubs - the Teesport 云顶赌场老虎机 Gateway.The proposed project could unlock 180 acres of development potential for a range of offshore manufacturers鈥
Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (鈧900 million).The transaction, first announced in April 2025鈥
Oilfield services firm Archer has signed a five-year contract with Repsol Resources UK for platform drilling services, facilities engineering, coil tubing, wireline services, and downhole well service technologies.The agreement also includes a two-year optional extension鈥
