
BP Awards Foinaven Subsea Work to DeepOcean
BP has awarded DeepOcean a subsea decommissioning and recycling scope at the Foinaven field, covering risers, umbilicals and related equipment.

BP has awarded DeepOcean a subsea decommissioning and recycling scope at the Foinaven field, covering risers, umbilicals and related equipment.

Vår Energi and Kistos Energy Norway have approved the Balder Next New Wells project, a seven-well tieback to the Jotun FPSO in the Norwegian North Sea.

Europe’s offshore wind sector supported 180,000 jobs and generated EUR 26 billion in economic value in 2025, led by new wind farm construction and expanding operations.

Ming Yang Smart Energy and Oceanic Wind Energy signed an MoU to assess investment options for a 1.5 GW–2 GW Indigenous-led offshore wind project in British Columbia.

Siemens Energy and Neptun Smulders Offshore Renewables have won a 50Hertz contract to deliver the 2 GW North Sea Connector 2 grid connection system.

Kosmos Energy completed the sale of its 40.375% interest in Equatorial Guinea’s Block G to Panoro Energy, reducing exposure to higher-cost production and strengthening liquidity.

Electromagnetic Geoservices is preparing Atlantic for a CSEM campaign in Norwegian waters after securing contracts worth about $6 million combined.

ExxonMobil has proposed a 35-well exploration and appraisal drilling campaign in Guyana’s Stabroek block, with operations planned from 2028 through 2033.

Norwegian offshore maintenance workers began strike action after SAFE and Offshore Norge failed to reach a wage agreement.
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