Fossil Energy – Licenses
The Norwegian authorities have offered Aker BP 22 licenses on the Norwegian Continental Shelf in the APA 2025 licensing round.
[Read more…] about 22 licenses for Aker BP and 14 for Vår Energi on NCSConstruction job for Malaysian offshore project
Fossil Energy – EPC Contract
OceanMight has been awarded a contract by Petronas Carigali, a subsidiary of Malaysia’s energy giant Petronas, to provide minor engineering, procurement and construction (EPC) services for a fixed offshore structure and host tie-in at Erb West as part of the Belud South greenfield development project.
[Read more…] about Construction job for Malaysian offshore projectFour new MPVs to be built by VARD
General – Newbuilding
VARD has signed a new contract with existing customer Ocean Infinity, for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).
[Read more…] about Four new MPVs to be built by VARDNorway braces for Oil and Gas slowdown as investment falls
Fossil Energy – Norway
Norway’s offshore oil and gas production is expected to remain broadly stable in 2026, but a sharp decline in investment is signalling a slowdown in activity and a gradual fall in output later this decade, the country’s energy regulator said on Thursday.
[Read more…] about Norway braces for Oil and Gas slowdown as investment fallsOffshore wind developer prevails over Trump in court again
General – Revolution Wind
A federal judge ruled Monday that work on the OWF Revolution Wind can resume, handing the industry at least a temporary victory as President Trump seeks to shut it down.
[Read more…] about Offshore wind developer prevails over Trump in court againNorway backs concrete foundation production
General – Funding
AF Gruppen, Multiconsult, DOF, Semar, and NTNU have received NOK 11 million in funding to further develop their concrete foundation technology.
[Read more…] about Norway backs concrete foundation productionTaqa to tender UK decommissioning contract
Fossil Energy – Decommissioning Tenders
Taqa UK is preparing to issue a tender in January for the removal of subsea infrastructure across its UK North Sea assets.
[Read more…] about Taqa to tender UK decommissioning contractNew York Attorney General sues Trump Administration
General – New York
New York Attorney General Letitia James yesterday filed two lawsuits challenging the Trump administration’s unlawful attempt to halt construction on a pair of major offshore wind projects.
[Read more…] about New York Attorney General sues Trump AdministrationExxon studies Venezuela return as Chevron plots increase in production
Fossil Energy – Venezuela
Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago.
[Read more…] about Exxon studies Venezuela return as Chevron plots increase in productionTurkey expands offshore push as TPAO signs MoU with ExxonMobil
Fossil Energy – Turkey
Turkish Petroleum (TPAO) and Exxonmobil signed a Memorandum of Understanding covering new exploration areas in the Black Sea and the Mediterranean and other potential areas, Energy Minister Alparslan Bayraktar said on Thursday to Reuters.
[Read more…] about Turkey expands offshore push as TPAO signs MoU with ExxonMobil