Latest News
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04 May 26
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04 May 26
GoM: Helix Energy Solutions sells Shallow Water Abandonment business to the Chouest Group
Helix Energy Solutions Group has announced the sale of all of the equity interests of its Gulf of America-focused Shallow Water Abandonment business to C-Dive, LLC, a member of the Chouest group of companies, for $107.5 million cash at closing, to be adjusted for working capital and other transaction expenses. -
04 May 26
Reach Subsea receives LOI for a 2+1-year contract
Reach Subsea has been awarded a Letter of Intent (LOI) for a 2 + 1-year contract covering IMR and Light Construction services in the Mediterranean and Black Sea region. -
04 May 26
Norway: NOK 17 billion for continued drilling on the Norwegian continental shelf
Equinor is extending key supplier agreements for drilling and well services with a combined value of around NOK 17 billion. The agreements will maintain production from the Norwegian continental shelf, ensure high activity and contribute to stable energy supplies to Europe. -
04 May 26
Australia: JDR to provide subsea control umbilicals for Amplitude Energy’s East Coast Supply Project, supporting gas delivery to Victoria
JDR Cable Systems (JDR Cables), the global subsea umbilical supplier and service provider, part of the TFKable Group, has been awarded a contract by Australian independent operator Amplitude Energy to supply subsea control umbilicals for its East Coast Supply Project offshore Victoria. -
04 May 26
Norway: Archer secures two-year contract extension with Equinor valued at NOK 700 million
Archer has announced the successful extension of its frame agreement with Equinor for the provision of P&A solutions (TCP services), fishing and downhole mechanical isolation services. The contract extension is for a period of two years and has an estimated value of NOK 700 million. -
04 May 26
North Star closes four-vessel deal, bolsters market-leading position and continues growth journey
North Star, a leading, fully integrated offshore infrastructure service provider, has completed the acquisition of four new Service Operation Vessels (SOVs) from Edda Wind. The four-vessel transaction broadens North Star's client base, extends its operational reach and adds capacity to support customers across the European offshore wind market. -
04 May 26
Noway: Magnora adds two data center projects to its portfolio in Norway with total capacity of 145 MW
Magnora has secured two new data center (DC) projects in the western part of Norway, bringing Magnora’s DC portfolio to gross 555 MW and net 430 MW. The projects fit Magnora’s priorities with AI as a core market driver. Both projects are wholly owned (100%). -
04 May 26
Denmark: BlueNord announces preliminary production for April 2026
BlueNord has announced its preliminary production figures for April 2026. In April 2026, preliminary production was 43.6 mboepd net to the Company. -
04 May 26
Canada: Questerre closes sale of non-operated Kakwa Central assets for $23.5 million
Questerre Energy has successfully closed the previously announced sale of its non-operated minority working interest in its Kakwa Central assets in Alberta for total consideration of $23.5 million effective May 1, 2026. -
04 May 26
Occidental announces CEO succession
Occidental has announced that its Board of Directors, as part of its management succession planning, has named Senior Vice President and Chief Operating Officer Richard Jackson to succeed Vicki Hollub as President and Chief Executive Officer upon her retirement.
