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.
BW Offshore is preparing to begin FEED in early 2026 for the Bay du Nord FPSO after completing pre-FEED work and entering a bridging phase aimed at maturing the technical and commercial basis of the project.
Dogger Bank Wind Farm will add £6.1 billion to the UK economy and support thousands of jobs through its 3.6 GW offshore project in the North Sea, according to a BVG Associates report commissioned by SSE, Equinor and Vårgrønn.
Ørsted said it has no plans to merge with or take over Equinor’s renewables business, following Equinor’s proposal for closer ties. The Danish offshore wind company said it remains focused on executing its strategy.
POSCO INTERNATIONAL and Equinor signed an MOU to expand collaboration in offshore wind, steel, and LNG, advancing their joint energy transition efforts.
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
