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Tag: Offshore

Blue carbon refers to carbon that is sequestered in the seabed and deep ocean through the uptake of atmospheric CO2 by coastal and marine ecosystems via photosynthesis.
Including this agreement, the Company has an outstanding orderbook of eight newbuild vessels, two of which are methanol dual fuel

Aker BP awarded 22 licenses in APA 2025

The company has been awarded licences in the North Sea, Norwegian Sea and Barents Sea.

US judge lifts halt on Virginia offshore wind development

This is the largest offshore wind project under construction in the U.S. Dominion Energy is the owner and developer.

Equinor awarded 35 new production licenses on the Norwegian continental shelf

Twenty-one of the awards are located in the North Sea, ten in the Norwegian Sea, and four in the Barents Sea, 17 of the licences with Equinor as an operator.

Fugro and PTSC G&S extend partnership to provide marine site characterisation services

According to Fugro, the partners aim to meet Vietnam’s rising demand for geophysical, geotechnical and metocean data services in the country’s growing offshore wind industry.

Vår Energi awarded 14 new licences

Vår Energi is offered 4 licences in the North Sea, 6 licences in the Norwegian Sea and 4 licences in the Barents Sea.

Equinor says AI delivered $130m savings in 2025

The Norwegian oil and gas giant said it has saved $330m since 2020 by using AI.

Ukraine’s drones hit three Russian drilling platforms in the Caspian Sea

The platforms targeted were the V. Filanovsky, Yuri Korchagin, and Valery Greifer facilities. These sites reportedly supported the Russian invasion forces.

Equinor: Major contract awards to Norwegian supplier industry

Equinor awards framework agreements to seven supplier companies with a total value of around NOK 100 billion.

Holcim partners with BW Ideol to scale up the construction of offshore wind infrastructure

Holcim has taken a minority equity ownership in BW Ideol, a pioneer in floating offshore wind technology

QatarEnergy acquires interest in a new exploration block offshore Lebanon

Block 8 is located about 70 km off the southern coast of Lebanon in water depths of approximately 1700-2100 meters.

ADNOC announces final investment decision for the SARB Deep Gas Development

Project to deliver up to 200 million standard cubic feet per day, supplying enough energy to power more than 300,000 homes daily

Transocean announces contract award and extension totaling $168 million

In Norway, three one-well options have been exercised for the Transocean Enabler.

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