Wood has secured a $27 million EPCI contract from Equinor to modify Gullfaks A for two-way gas transfer with the Snorre field, including control, metering and integration work in Norway’s North Sea sector.
Equinor has successfully initiated production from the Verdande subsea field, extending the operational life of the Norne FPSO beyond 2030, with an investment of NOK 6 billion.
Equinor has reported gas and condensate discoveries at the Lofn and Langemann wells in PL1140 near Gudrun and Eirin, adding an estimated 30–110 million barrels that can be tied back to Sleipner infrastructure.
Equinor is weighing whether Bay du Nord FPSO topsides modules can be fabricated in Newfoundland & Labrador, as Premier Tony Wakeham, unions and contractors seek local work while cost and skills concerns remain.
The first transition pieces for the Bałtyk 2 & 3 offshore wind farms have departed the Smulders yard in Hoboken, marking the start of a 100-unit delivery program for Poland’s major Baltic wind build.
Equinor plans to drill 250 oil and gas exploration wells in Norway by 2035, investing $5.86 billion annually to maintain production levels, as fossil fuel demand continues globally.
Boskalis’ Seapiper has begun its first European rock-installation project in the North Sea after loading more than 13,800 tons of rock in Norway, following extensive modifications from its former role as Fjell.
Odfjell Drilling has agreed to acquire the Deepsea Bollsta from Northern Ocean in a $480 million transaction. The rig adds $355 million to the company’s firm backlog and continues its long-term programme with Equinor.
Odfjell Drilling has signed an LOI with an undisclosed client for Deepsea Aberdeen, securing continuous work from late 2026 to Q2 2029. The move strengthens the contractor’s backlog strategy as Equinor options and other fleet discussions continue.
