England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea. The post New gas storage license on the horizon for UK’s integrated energy storage project appeared first on Offshore Energy.
Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United States Department of Justice (DOJ). The post Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance appeared first on Offshore Energy.
As part of its development of remote subsea capabilities, ocean services provider DeepOcean has […] The post DeepOcean performs first subsea intervention managed from shore appeared first on Offshore Energy.
Energy technology company Baker Hughes and Dutch thermoplastic composite pipe (TCP) manufacturer Strohm are […] The post Hybrid flexible pipe for ultra-deepwater to hit the market in 2028 appeared first on Offshore Energy.
Norwegian DOF Group is set to construct four ROV support vessels (RSVs) that will […] The post DOF to build four green vessels for 12-year contracts with Petrobras appeared first on Offshore Energy.
Bermuda-incorporated offshore drilling contractor Valaris has secured new rig assignments and contract extensions in Brazil, Brunei, Indonesia, and the UK and Dutch sectors of the North Sea. The post Valaris’ batch of rig deals lifts total contract backlog to $4.9 billion appeared first on Offshore Energy.
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has disclosed the go-ahead for the production individualization agreements (AIPs) for shared reservoirs in the pre-salt layer of the Santos Basin. The post Petrobras, Shell, TotalEnergies, and Petrogal formalize production split for Brazilian oil field duo appeared first on Offshore Energy.
U.S.-headquartered oil and gas exploration and production company Kosmos Energy and its partner, Shell, are planning to spud a prospect in the Gulf of America (U.S. Gulf of Mexico) next year. The post Shell and Kosmos put US Gulf hydrocarbon prospect on their 2027 drilling agenda appeared first on Offshore Energy.
Saipem’s 165-meter-long pipelay vessel Castoro 10 has begun the construction of an offshore pipeline […] The post Saipem’s Castoro 10 starts pipelaying on Romania’s €4 billion natural gas project appeared first on Offshore Energy.
Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea. The post 70 more offshore exploration blocks widen Norway’s new oil & gas licensing round appeared first on Offshore Energy.