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Blogs forJanuary 29th, 2026

Discovered more petroleum on the Brage

NOD reports a petroleum discovery at Knockando Fensfjord in PL 055 confirmed by well 31/4-A-15 D, with preliminary estimates of 0.5–1.5 million standard cubic meters OE if oil.

Nam Cheong Sells 3,000 DWT PSV

Nam Cheong Limited sells an 11-year-old 3,000 DWT PSV for $19.8 million to an Indonesian customer, supporting fleet reprofiling, capital recycling, and balance sheet resilience ahead of FY2026.

Scotland Sets 40GW Offshore Wind Aim for 2040

Scotland resets its offshore wind ambition to up to 40GW by 2040 and backs early work for Stornoway Port’s Deep Water South terminal, designed to support floating wind construction and operations.

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