Fred. Olsen 1848 says the BRUNEL Floating Foundation initiative for the floating offshore wind sector has completed its comprehensive basic design phase.
Vår Energi ASA has concluded the sale of its 20% interest in the Bøyla field in the Norwegian North Sea to Concedo for $24 million (post-tax).
QatarEnergy has agreed to acquire a 23% interest from Chevron in the North El-Dabaa (H4) Block concession in the Mediterranean Sea offshore Egypt.
TechnipFMC and Prysmian have signed an agreement to combine their technologies and competencies to deliver a comprehensive water column solution, from the seabed to the ocean surface.
Challenger Energy says reprocessing has started of legacy 3D seismic data over AREA OFF-3 offshore Uruguay.
DNO International provides offshore project updates in its latest results statement.
Equinor has agreed to acquire Sval Energi’s 11.8% stake in the Halten East Unit development in the Norwegian Sea, pending regulatory approvals.
With the re-election of former president Donald Trump, some analysts have been pontificating about the fate of the Inflation Reduction Act (IRA).
Centrica Energy Storage (CES+) has selected Exceed as a Tier 1 partner, alongside Wood, for front-end engineering for the redevelopment of the Rough gas field in the southern UK North Sea.
ScanReach has extended the application of its wireless Connect POB (personnel on board) service to offshore accommodation vessels and barges.