OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a major engineering, procurement and construction (EPC) contract from Eni for Phase 3 of the Baleine deepwater development offshore Côte d'Ivoire.The award follows a separate contract announced earlier this month under which TechnipFMC was selected to supply flexible flowlines and risers for the same development, highlighting continued progress on the fast-track expansion of Baleine…
Norwegian oil firm Aker BP on Wednesday reported a jump in second-quarter profit as the U.S.-Israeli war on Iran drove up energy prices.Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $3.35 billion in the April-to-June quarter from $2…
The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Eni North Ganal to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan in Indonesia…
Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process…
Well-Safe Solutions has been appointed lead contractor for Apache North Sea’s Beryl Field decommissioning project, expanding the combined scope of its work for Apache to more than 260 wells.The award is the second contract Apache has given Well-Safe Solutions this year…
The Hugin B platform topside has left Aker Solutions’ yard in Verdal for the Yggdrasil area, completing a three-and-a-half-year portfolio of major offshore project deliveries for Aker BP.The topside sailed on July 6, marking the final delivery…
LS Marine Solution, a subsidiary of LS Cable & System, has started construction of a next-generation cable laying vessel (CLV) designed for long-distance high-voltage direct current (HVDC) and large-scale offshore wind grid projects.A steel…
Altera Infrastructure has signed principal agreements with Eni for the supply of a newbuild floating production storage and offloading (FPSO) vessel for the Baleine Phase 3 development offshore Côte d’Ivoire.The agreements cover engineering…
Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…
Norwegian unions representing offshore drilling rig and floating platform workers entered state-mediated wage talks on Wednesday, aiming to avert a strike from Friday that could affect parts of the country's oil and gas sector.The three unions…
Aker Solutions has been awarded a substantial contract to deliver a high-voltage direct current (HVDC) substructure for a European offshore wind project by an undisclosed customer.The company's scope of work includes engineering, procurement and construction…
Vallourec has been awarded a major contract by Azule Energy to supply line pipes for the Greater PAJ offshore development in Angola, one of the largest deepwater projects currently under development in the country.Under the contract, Vallourec will supply more than 26…
Vår Energi and Equinor have agreed to swap assets on the Norwegian continental shelf, with Vår Energi increasing its exposure around the Gjøa area and Equinor strengthening its position in the Troll-Fram region.Under the agreement, Vår Energi will acquire a 32…
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…