Western Europe
News
December 04, 2025
Kongsberg Maritime has landed a major LARS contract with Sea1 Offshore, supplying advanced launch-and-recovery systems for four new construction vessels and boosting subsea capability in harsh offshore conditions.
News
December 01, 2025
Harbour Energy will cut 100 more UK jobs after the government retained the Energy Profits Levy through 2030. The operator says North Sea assets are struggling to attract capital under the 78% tax burden, following earlier workforce reductions.
News
November 28, 2025
Aker Solutions has landed a substantial six-year ConocoPhillips contract for maintenance and modification work on Norway’s Eldfisk and Ekofisk fields—extending one of the largest brownfield portfolios on the NCS.
News
November 26, 2025
The UK government’s decision to maintain the Energy Profits Levy (EPL) at a 78% headline tax rate continues to cloud investment planning for North Sea operators, according to Alan Stewart, Aberdeen-based partner at accountancy and advisory firm MHA.
News
November 26, 2025
The UK will keep its North Sea windfall tax in place until 2030, according to the Office for Budget Responsibility, despite industry warnings that the levy is accelerating production declines, deterring investment, and threatening thousands of offshore jobs.
News
November 25, 2025
A new survey shows UK offshore and underwater supply chain firms are weighing moves overseas as oil, gas and wind projects face mounting delays. Industry leaders warn that stalled timelines and policy uncertainty are eroding competitiveness and risking long-term capacity.
News
November 25, 2025
DeepOcean is nearing completion of a fully diverless disconnection of TotalEnergies’ Gryphon Alpha FPSO—an industry first enabled by proprietary subsea tooling and a major milestone in North Sea decommissioning.
News
November 25, 2025
Equinor is ramping up offshore activity next year with 26 planned exploration and appraisal wells across the North Sea, Norwegian Sea and Barents Sea—part of a decade-long push to keep Norwegian production strong.
News
November 21, 2025
UK energy leaders Sir Ian Wood and Martin Gilbert are sounding the alarm on North Sea investment, warning that the windfall tax is accelerating job losses and undermining the region’s world-class offshore talent.
News
November 20, 2025
Altera Infrastructure says Aberdeen’s deep offshore expertise is driving rapid progress at Ivory Coast’s Baleine field, where the Petrojarl Kong FPSO reached first oil in just 24 months and now supports growing local content and lower-emission operations.
News
November 19, 2025
DeepOcean has won a UK North Sea subsea tie-back contract involving riser, flowline and umbilical installation, with engineering led from Aberdeen and offshore work set in two phases.
News
November 18, 2025
DNO has reshaped its North Sea portfolio by divesting its Ekofisk PPF stake and acquiring new interests in the Verdande field and Cassio prospect, advancing a strategy focused on near-term cash flow and quick-cycle development.
News
November 18, 2025
At the Wider African Energy Summit in Aberdeen, operators and industry groups highlighted how UK offshore engineering and project-delivery expertise could help African nations accelerate upstream growth, strengthen gas monetization and improve emissions performance.
News
November 17, 2025
Nexans has launched the hull of the CLV Electra at Ulstein Verft, marking a major step toward commissioning one of the industry’s most advanced subsea cable-laying vessels. Designed for high-voltage offshore wind and interconnector projects, Electra will begin sea trials in spring 2026.
News
November 13, 2025
Repsol is evaluating a reverse merger between its $19 billion upstream division and APA to speed a New York listing, as the company weighs options ranging from an IPO to a stake sale.
News
November 13, 2025
DeepOcean has secured a subsea construction and installation contract from Equinor for the Snorre Export and Import Gas Project (SNEIG), part of the broader effort to extend the Snorre field’s production life beyond 2040.
News
November 11, 2025
Anasuria Operating Company has selected MODS Connect WorkPack and MODS Connect Completions under a new 12-month contract to digitalize project execution and completions across its UK North Sea assets.
News
November 10, 2025
Shell has canceled plans for two offshore wind projects in Scotland, returning its CampionWind lease amid higher costs and a shift in clean energy strategy.
News
November 07, 2025
Three of the UK’s leading business organizations have called on the government to abolish the Energy Profits Levy, warning that the windfall tax is deterring investment, accelerating North Sea job losses, and threatening the region’s role in the nation’s energy transition.
News
November 06, 2025
DNO reported record Q3 revenue and profit, boosted by higher North Sea and Kurdistan output, and launched a fast-track plan for its Kjøttkake tie-back project.
News
November 05, 2025
DNO ASA has strengthened its position in Norway’s Verdande oil field through a multi-asset swap with Aker BP, increasing its stake from 10.5% to 14%. The deal, part of DNO’s North Sea portfolio optimization strategy, includes divesting interests in the Vilje field, Kveikje discovery, and several exploration permits.
