Offshore news

The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.

The contract win marks the first sale of FET’s XLX EVO III which, when operational, will demonstrate the most cutting-edge Ultra-Heavy-Duty subsea vehicle technology available on the market.

The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project. The contracts, with a combined value of approximately US$700 million, have been awarded to the Saipem/BOS Shelf joint venture.

C-Innovation signs contract with Shell for ROV services.

Shell Nigeria Exploration and Production Co. Ltd (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Ltd, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.

Vår Energi ASA has announced an increase in both production as well as recoverable volumes from the Gjøa field (PL153), following the start-up of the Gjøa low pressure project.

The order marks a significant milestone in building the company’s international OCTG business and reinforces its presence in this strategically important energy region.

One of the 8 - 10 major projects expected to start up globally between 2028-2030.

OEG on track to achieve US$1 billion revenue by 2030.

TAQA UK has awarded a major contract for the decommissioning of its Brae Alpha platform topsides in the Central North Sea.